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    IMF see Nigeria’s GDP grow 2.5%, Inflation decelerate 15.5%

    The Nigerian economy has started to gradually recover from the negative effects of the COVID-19 global pandemic. Following sharp output contractions in the second and...

    Nigeria’s GDP recovering but unemployment and inflation remain elevated, IMF reports

    Recent exchange rate measures are encouraging, and further reforms are needed to achieve a fully unified and market-clearing exchange rate. The resurfacing of fuel subsidies...

    World Bank advise Nigeria to make forex system clear, NAFEX rate key

    The World Bank urged Nigeria to provide a clearer and more predictable foreign exchange management system on Tuesday, suggesting that its response to Abuja's...

    Nigeria economic growth lags Africa, poverty rising, says World Bank

    Nigerian economic growth has resumed after the COVID shock but is lagging the rest of sub-Saharan Africa, with food inflation, heightened insecurity and stalled...

    Nigeria’s Monthly Consumer inflation for May expected to spike 18.20%

    Nigeria’s headline inflation for the month of May is expected to quicken as the National Bureau of Statistics readies to release the Consumer Price...

    President Buhari vows to fight militant groups and fix economy as activists call for anti-government protests

    Nigeria's President Muhammadu Buhari acknowledged Saturday the increased violence by armed groups in the northeast of the country and vowed to "soon bring some...

    Nigeria Records N3.94 Trn Trade Deficit, Redeems USD642.43 Mn Foreign Debt in Q1 2021…

    Recently released data by the National Bureau of Statistics (NBS) on foreign trade statistics showed that total merchandise trade rose by 6.99% to N9.75...

    World Bank revises Nigeria’s 2021 economic growth projection to 1.8%

    The World Bank has increased Nigeria's Gross Domestic Product (GDP) growth projection for 2021 to 1.8 per cent, higher than the 1.1 per cent...

    Nigeria’s growing population holds key to Africa’s Telecoms’ Growth, Says Report

    A report by Moody's Investors Service has said that Nigeria holds the key to the growth of telecom's sector in in the Sub Saharan...

    BREAKING: Buhari administration launches first made in Nigeria cell phone

    The federal government has launched the first made-in-Nigeria cell phone as President Muhammadu Buhari was presented with the indigenous phone, known as ITF Mobile. The...

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