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Economy
1085 posts
Rising food prices blamed on bandits, kidnappers
A development economist, Prof. Ken Ife, says insecurity has been the major cause of rising food prices. “Fewer…
FG targeting 77% increase in IGR: Finance Minister Edun
The Minister of Finance, Wale Edun, says the federal government is targeting a 77 per cent increase in…
Economy in stabilisation stage, CBN Governor
. Says Naira is currently undervalued By Stanley Onyeka Nigeria’s Central Bank Governor, Olayemi Cardoso, yesterday, said the…
Report measures quality of growth for new economic era
A new World Economic Forum report, released on Wednesday, Davos-Klosters, Switzerland, offers a re-evaluation of global economic growth,…
CBN tackles FX abuses in clearing backlog liabilities
By Stanley Onyeka The Central Bank of Nigeria (CBN), said it has paid approximately $2billion across various sectors,…
WEF outlook predicts subdued economic uncertainty
By Bliss Tochukwu Global economic prospects remain subdued and fraught with uncertainty, as the global economy continues to…
High food prices push Nigeria’s inflation to 28.92% in Dec ‘23
By Clara Nwachukwu Nigeria’s headline inflation rate in December 2023, rose to 28.92% from 28.20% in November, according…
FIRS suspends implementation of VAT guidelines
By Stanley Onyeka The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for…
NCS promise to end petroleum products smuggling in 2024
The Nigerian Customs Service (NCS) has committed to ending the smuggling of petroleum products in 2024. Customs Comptroller-General,…
NDDC seeks traditional rulers’ help in fight against oil theft
The Niger Delta Development Commission (NDDC) has called on traditional rulers in the Niger Delta to assist the…