Nigeria’s inflation rate declined to 24.48% year-on-year in January 2025, following a rebasing of the Consumer Price Index (CPI), according to the National Bureau of Statistics...
The Nigerian Economic Summit Group (NESG) has projected that the country has the potential to achieve a 5.5% growth in Gross Domestic Product (GDP) if critical...
The Nigerian Communications Commission (NCC) has approved a 50 percent increase in tariffs for phone calls, SMS, and data services, sparking mixed reactions from stakeholders and...
Financial expert and Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has endorsed the proposed increase in telecom tariffs, describing it as a strategic move to...
The Central Bank of Nigeria (CBN) has announced a significant growth in the country’s economy, with a 3.46% increase in gross domestic product (GDP) in the...
Over the past three months, the estimated cost to land petrol in Nigeria has fallen by 20.34%, reaching N971.57 per litre, offering slight relief in terms...
In the wake of the 2024 US presidential election, political endorsements have sparked controversy. Kamala Harris received support from high-profile figures such as P. Diddy, Cardi...
In a significant strategic shift, South African grocery retailer Pick n Pay has announced its exit from the Nigerian market by selling its 51% stake in...
The Russian central bank raised key interest rate by 200 basis points (bps) on Friday, bringing the rate to 21%, a level not seen since February...
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate reached 32.70% in September, marking a slight increase from the 32.15% recorded in...
