The National Bureau of Statistics says Nigeria’s inflation rate was 33.88 percent in October — up from 32.7 percent in […]
Category: Economy
Naira drops by 0.2% against dollar at official market
The Naira on Thursday depreciated at the official market trading at N1,650.20 against the dollar. Data from the official trading […]
FEC approves ₦47.9tn 2025 budget
The Federal Executive Council, FEC, has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. Minister […]
Turkey’s exports to Africa hit $15bn in 2024
Turkey’s exports to African countries exceeded $15bn between January and October 2024, reflecting a 1.8 percent rise in trade compared […]
President Tinubu signs 6 IMO Instruments of Accession
President Bola Tinubu has signed the instruments of accession for six Conventions of the International Maritime Organisation (IMO). This is […]
Naira appreciates by 2.6% against dollar at official market
The Naira on Wednesday bounced back after consistent three days losses and appreciated at the official market trading at N1,645.40 […]
Nigeria customs revenue collection hits 5.7 Trillion
The Nigeria Customs Service (NCS) has reported a revenue collection of ₦5.7 trillion as of Tuesday, November 12, 2024. This announcement was […]
Ecobank partners with Nium to revolutionise Africa’s payments
NIUM, the global leader in real-time cross-border payments, has teamed up with Ecobank to offer faster, more efficient cross-border payments across 35 […]
36 states’ debts rise to N11.4tn despite IGRs, FAAC allocations
The total debts of the 36 states in Nigeria rose to N11.47tn as of June 30, 2024, despite allocations by […]
Naira gains by 2.4% against dollar at official market
The Naira on Friday closed the week weaker at the official market, trading at N1,678.87 to the dollar. Data from […]