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Economy
CBN Tackling Economic Challenges Via Interventions – Emefiele
Godwin Emefiele, CBN Governor The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the CBN is tackling the economic...
eNaira Cross-Border Use May Fuel Money-Laundering, Terrorism Financing – IMF
The International Monetary Fund says the prospective expansion of eNaira use to cross-border fund transfers and agency bank networks may lead to new...
Nigerian Content Attracts $8bn Annually, Says NCDMB
The implementation of the Nigerian Oil and Gas Industry Content Development Act has created over 50,000 direct jobs in the local economy over...
Nigeria Recorded 3.4% GDP Growth In 2021 -NBS
Nigeria’s Gross Domestic Product grew by 3.98 per cent in the fourth quarter of 2021. This is the strongest growth since 2014, according...
IMF: Dangote Refinery, Supportive Credit Facility, Can Accelerate Nigeria’s Economic Recovery Process
The International Monetary Fund (IMP) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth...
Nigeria’s Inflation Rate Drops To 15.60% In January
The consumer price index, which measures inflation increased to 15.60 percent year-on-year in January 2022. This is 0.87 percent points lower than the...
Reps Set N3.01trn Revenue Target For Customs
Comptroller-General, Nigeria Customs Service, Hameed Ali The House of Representatives Committee on Customs and Excise has set the sum of N3.01 trillion as...
Investors’ Exit, Others May Shrink Nigeria’s External Reserves To $29.1bn – IMF
The International Monetary Fund has said Nigeria’s external reserves could fall to $29.1bn by 2024 on the back of lower oil prices, restricted...
