10 things Nigeria needs to do starting from next year if we want a repeat of the 1970 feat when we witnessed a 25% growth in GDP
By Ayo Akinfe Build at least one silo in each of our 774 local government areas to store all our...
Economy
Food inflation dropping, prices of yam, tomatoes declining – Bayo Onanuga
President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has posited that food inflation is declining.Onanuga stated that...
Inflation May Worsen as Nigeria’s Money Supply Reaches ₦101.34 Million
Nigeria's inflation might worsen as the country's Money Supply (M3), which measures the total amount of money in the economy,...
Update: Naira Falls to 1,621/$ in Official Market
The naira dropped to a four-month low at the official market, trading at 1,621.12 per dollar, down from 1,611.40 per...
Lagos State GDP Rises To ₦‎41 Trillion In 5 Years – Trade Commissioner
A new push for an aggressive investment inflow to boost Lagos State’s economic growth was, on Wednesday, led by Governor...
FG, States, LGs share N1.4trn for June
The Federation Account Allocation Committee (FAAC), today, shared a total of N1.354 trillion to the three tiers of government. A...
FAAC distributed in May 2024 from the total revenue generated in April 2024
State breakdown:Abia - 9.7BNAdamawa: 8.6BNAkwa Ibom: 33.3BNAnambra: 11.7BNBauchi: 7.7BNBayelsa: 29.7BNBenue: 10.2BNBorno: 11.1BNCross River: 6.9BNDelta: 47.9BNEbonyi: 7.8BNEdo: 11.8BNEkiti: 7.5BNEnugu: 8.9BNGombe: 7.4BNImo:...
Naira drops to new low: N11.15 separates official and parallel rates
The Nigerian Naira has seen a significant decline in both the parallel and official foreign exchange markets, leading to a...
Economic Crisis: Huge job losses as 16 multinationals exit Nigeria in 3 years” – PDP
 We want to believe the Senate President that by the time Tinubu finishes is tenure, Nigerians will not "know...
Why CBN insists on another recapitalisation — Cardoso
The Central Bank of Nigeria, CBN, insisted weekend that further capitalisation of banks in the country was for the common...
