In the second quarter of 2024, Nigeria experienced a staggering 75% drop in Foreign Direct Investment (FDI), marking a troubling low of just $29.8 million—its lowest...
Ecological funds shared to the 36 states of the Federation in first quarter of 2024 amounted to N24.9 billion to enable each state tackle the various...
Nigeria’s headline inflation soared by 0.90 per cent to 26.72 per cent in September from 25.80 per cent in August 2023. The National Bureau of...
Some economists have said the recent spike in inflation rate after months of consistent decline may have been triggered by the higher-than-expected household consumption during the...
With Nigerians still battling the rise in food prices and other essentials due to rising inflation, the average price of Kerosene, another essentials rose by...
Director-General of the Lagos Chamber of Commerce and Industry (LCCI) Dr. Muda Yusuf has said from month on month perspective, inflation has accelerated across all...
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.20% (year-on-year) in February 2020. This is 0.07% higher than...
The Nigerian economy ended 2019 in what appears to be another major setback, as trade balance posted N579 billion deficit in the fourth quarter of 2019,...
Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms in the fourth quarter (Q4) of 2019, up from 2.38% growth recorded in the fourth...
Nigeria’s inflation rate has increased from 11.98% recorded in December 2019 to 12.13% in January 2020. This is the highest rate recorded in the country since...
