The demand for industrially processed food has also seen a similar hike, with 2021 half-year import standing at N541 billion,…
Browsing: economy
Nigeria, is already on the verge of collapse unless drastic measures are taken to reverse the negative trend. This was…
The number of staff employed at the Dangote Refinery Project site is expected to increase from 40,000 personnel to 57,000…
According to the data, the gross component of the reserves climbed to $34.1 billion at the start of September while…
The risks to South Africa’s economic growth outlook are skewed more to the downside, according to economists polled by Reuters…
The Central Bank of Nigeria has warned microfinance banks against performing certain non-permissible activities, including wholesale backing and foreign exchange…
Equity investors in the Nigerian Exchange Limited gained N64.93bn on Thursday as the NGX All-Share Index rose by 0.32 per…
President Muhammadu Buhari has disclosed that Nigeria lost an estimated $50 billion worth of investments in 10 years, due to…
The prices of crude oil plummeted more than 1 per cent on Monday for a third session, after official data…
The Ogun State Government has called on prospective investors to open their businesses in the state, assuring them of a…
Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of December 2020, the International…
The Central Bank of Nigeria has said it sees the country’s inflation rate dropping to single digit next year, with…
Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months-long range as short-sellers bailed…
Economy. Photo/financialexpress As the Monetary Policy Committee (MPC) meets, experts have called on the Central Bank of Nigeria (CBN) to…
The Peoples Democratic Party (PDP) Governors’ Forum is meeting today in Bauchi to discuss a number of burning issues, including…
The interventions which are part of Federal Government’s effort to ease liquidity challenges and improve infrastructure in the Nigerian Electricity…
The nation’s rice revolution has received a boost as Fevick Resources, a private concern, has provided loans to 1, 000…
Selling above $75 dollar per barrel earlier this week, Nigeria’s Bonny Light crude yesterday, dropped to $68 per barrel on…
The global economy, in the past year, buckled under the burden of the coronavirus pandemic. From Europe to America, the…
The unrest that has ripped through South Africa in the past week will force its economy to contract by 3%…