Economy
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CBN commences regular foreign exchange sales to bridge demand gap
The Central Bank of Nigeria (CBN) says it has commenced regular sale of foreign exchange (FX) through authorised dealer banks…
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State of the Economy: Tinubu’s policies crippling businesses — Private sector cries out
The Nigeria Employers’ Consultative Association, NECA, Manufacturers Association of Nigeria, MAN, and the Nigerian Association of Chambers of Commerce Industry…
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Dangote’s projected $30bn revenue will boost the Naira value, says Group CEO
President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of…
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Tinubu seeks $50million World Bank loan for solar projects, prepaid metres
The Tinubu-led federal government has sought the assistance of the World Bank to provide funding worth $50 million to support…
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Nigeria’s inflation rate jumps to 34.19% amid rising food prices
Nigeria’s inflation figure has reached a new high, hitting 34.19% for June 2024, according to the latest data from the…
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Rasons foreign investors shun Nigeria – Former envoys
Some former envoys have said that the G20 and BRICS+ have continued to ignore Nigeria because of the country’s increasingly…
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Nigeria’s economy can experience turnaround in few months – Dangote
The Chairman of Dangote Group, Aliko Dangote, has promised that the private sector will “invest heavily” in job-creating initiatives, adding…
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Cardoso expresses optimism about taming inflation
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the determination of the Bank’s Monetary…
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Monthly inflation slows amid CBN policy tightening
Nigeria’s headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator yet…
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Boosting Nigeria’s Economy: CBN hosts dialogue with NESG, Organised Private Sector
The Central Bank of Nigeria (CBN) has hosted a dialogue between the Organised Private Sector (OPS) and the Bank’s leadership…
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