[UPDATED] Nigeria’s inflation surges to 14.89%, highest in 34 months
Inflation rate in Nigeria jumped in November to 14.89 percent, its highest level in 34 months, the National Bureau of
Read more
Economics
NBS produced over 120 reports despite low funding, COVID-19 – Kale
Nigeria’s Statistician-General and Chief Executive Officer of the National Bureau of Statistics, Dr Yemi Kale, said on Monday that the
Read more
Foreign capital flows into Nigeria rise to $1.46bn in Q3
Foreign capital flows into Nigeria rose by 12.86 percent to $1.46 billion in the third quarter of this year compared
Read more
Nigerians to pay N2m each for planned 300,000 houses – Presidency
The Nigerian Presidency has said the Federal Government will build 300,000 affordable houses for which Nigerians are expected to pay
Read more
Nigeria’s inflation seen nearing 15% on petrol price, power tariff
The recent hikes in petrol price and electricity tariff will push Nigeria’s inflation to 14.8 percent in November from 14.23
Read more
Bad loans in Nigerian banks drop despite COVID-19 crisis
The volume of non-performing loans in the banking sector fell by 3.50 percent to N1.17 trillion in the third quarter
Read more
Elumelu’s foundation, EU to empower 2,500 African women
The Tony Elumelu Foundation announced on Friday a partnership with the European Union to identify, train, mentor and fund 2,500
Read more
Reopen borders to unlock growth potential, IMF advises Nigeria
The International Monetary Fund has advised the Nigerian government to lift trade restrictions as part of reforms needed to unlock
Read more
20 million Nigerians could become poor by 2022 – World Bank
The number of poor Nigerians could increase by 15 to 20 million by 2022 in the absence of measures to
Read more
Nigeria’s border closure doing more harm than good – CSLS
CSL Stockbrokers Limited, a member of the FCMB Group, has said the lingering closure of the Nigerian borders has done
Read more