Nigeria Inflation at 20.52% Approaches Two-Decade High

Nigeria Inflation at 20.52% Approaches Two-Decade High By Bashir Olanrewaju Nigeria’s annual inflation jumped to 20.5 percent in August , … More

Nigeria Rethinks Planned 5% Excise Duty on Phone Services

Nigeria Rethinks Plsnned 5% Excise Duty on Phone Services By Sahabi Abdul Nigeria’s Communications Ministry suspended planned implementation of a … More

Nigeria GDP Grows 3.54% as Non-Oil Sector Powers Economy

Nigeria GDP Grows 3.54% as Non-Oil Sector Powers Economy By Bashir Olanrewaju Nigeria’s economy grew by 3.54 percent between April … More

Bestride Keyamo’s Jungle and Kanu’s Zoo

Bestride Keyamo’s Jungle and Kanu’s Zoo Penny Wisdom By Emeka Uzoatu Unwittingly, Nigeria keeps owning up to all its many … More

2023: Nigeria’s Economic Voyage to Sri Lanka

2023: Nigeria’s Economic Voyage to Sri Lanka Penny Wisdom Emeka Uzoatu Whoever thought the sixteen-year reign of the People’s Democratic … More

Former Nigerian VP Abubakar Becomes Main Opposition Candidate 

Former Nigerian VP Abubakar Becomes Main Opposition Candidate By Chuks Emele Former Nigerian President Atilku’s Abubakar defeated his rivals in … More

Nigeria’s Economy Expanded 3.11% in First Quarter, NBS Says 

Nigeria’s Economy Expanded 3.11% in First Quarter, NBS Says Nigeria’s economy grew by 3.11 per cent in the first quarter … More

AfDB Sees Inflation Surge on Food, Energy Costs

AfDB Sees Inflation Surge on Food, Energy Prices By Benjamin Orisemeke Nigeria and other African country will likely experience further … More

World Bank Says Benefits of Nigeria Fuel Subsidy Eluding the Poor 

World Bank Says Benefits of Nigeria Fuel Subsidy Eluding the Poor By Benjamin Orisemeke The benefits of Nigeria’s fuel-subsidy regime … More

Central Bank Retains Rate at 11.5% for 9th Session

Central Bank Retains Rate at 11.5% for 9th Session By Bashir Olanrewaju The Central Bank of Nigeria’s Monetary Policy Committee … More

Nigeria’s Dirty Fuel Racket

Nigeria’s Dirty Fuel Racket. Money Palaver By George Eze Emeghara Broken down cars and trucks are a very common sight … More

Nigeria Central Bank Retains MPC Rate at 11.5%, Sees Slower Inflation

Nigeria Central Bank Retains MPC Rate at 11.5%, Sees Slower Inflation By Bashir Olanrewaju The Central Bank of Nigeria’s Monetary … More

Nigeria GDP Rises in 1st-Quarter, Signals Slow Recovery

Nigeria GDP Rises in 1st-Quarter, Signals Slow Recovery By Bashir Olanrewaju Nigeria’s economy grew 0.51 percent in the first quarter,  … More

Markets Await CBN Clarity on Exchange Rate

Markets Await CBN Clarity on Exchange Rate By Sahabi Abdul Nigeria’s financial markets are awaiting clarity from monetary authorities on … More

Nigeria Resumes Issuance of New Mobile Phone Lines

By Sahabi Abdul and Chuks Emele Mobile-phone companies in Nigeria will resume issuance of new lines and replacement of lost … More

Nigeria’s Inflation Reaches 18.17% in March, Rising for the 19th Month

Nigeria’s Inflation Reaches 18.17% in March, Rising for the 19th  Month By Sahabi Abdul Nigeria’s annual inflation jumped to 18.17 … More

Shoprite Stores Shut Across Nigeria as Workers Protest

By Sahabi Abdul Shoppers who trooped out to Shoprite stores across Nigeria on Friday to shop for Easter were turned … More

Nigeria’s Jobless Rate Spikes to 33%, NBS Says

Nigeria’s Real Jobless Rate Now 40%, NBS Says By Bashir Olanrewaju Nigeria’s unemployment rate jumped to 33.3 percent in the … More

Northern Youth as Solomon’s Heirs

Penny Wisdom By Emeka Uzoatu Woke up the other day to the news that certain youths from the northern side … More

Nigeria Rejects IMF Advice to Devalue Naira

By Bashir Olanrewaju Nigeria rejected advice from the International Monetary Fund to devalue its currency and merge its multiple-exchange rate … More