Latest Economy News
Nigeria Achieves $6.83 Billion Balance of Payments Surplus
The Central Bank of Nigeria (CBN) has announced a substantial economic recovery…
Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports
The Central Bank of Nigeria (CBN) has announced that personal remittances into…
EU and Nigeria Partner to Revolutionize Fashion Industry with Circular Economy
The European Union, in partnership with the Federal Government of Nigeria, is…
Naira Weakens Further to N1,629/$ in Official Market; Parallel Rate Hits N1,570/$
The Nigerian Naira experienced a further decline in value on Monday within…
FG May Review Budget Amid US Tariff Hike
As part of effort to cushion the effect stemming from the United…
PenCom Flags 26 States for Pension Non-Compliance, Workers at Risk
The National Pension Commission (PenCom) has issued a stern warning to 26…
Nigeria’s Debt Servicing Surges 68% to N13 Trillion, Fueling Economic Concerns
Nigeria's fiscal landscape is facing increasing strain as the nation's debt servicing…
Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs
The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…