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Nigerian Economy

Business and Economy

Hardship: Ghanaians pay more for basic needs than Nigerians, survey shows

AMIDST the widespread economic challenges plaguing many African nations due to the recent global downturn, this report by The...
Marcus FATUNMOLE -
Business and Economy

IMF cites weak economic activities, downgrades Nigeria’s economic growth to 3.1%

THE International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The...
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Business and Economy

Naira fall: Lawmakers seek official adoption of Chinese Yuan for currency exchange

THE House of Representatives is seeking the adoption of the Chinese Yuan (CNY) as an official foreign exchange reserve...
Harrison EDEH -
Business and Economy

Ongoing reforms to reduce Nigeria’s double-digit inflation in 2024 – CBN

NIGERIA'S double-digit inflation will decline in 2024 through the Federal Government's reforms, the Central Bank of Nigeria (CBN) has...
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Business and Economy

Nigeria’s third quarter GDP grows slightly to 2.54% – NBS

NIGERIA's gross domestic product (GDP) grew to 2.54 per cent year-on-year in real terms in the third quarter (Q3)...
Ehime ALEX -
Business and Economy

First 100 days: How Tinubu’s reforms throttle Nigeria’s economy

AS the Nigerian President Bola Ahmed Tinubu clocks 100 days in office today, September 5, some economic indicators already...
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