Economy

Latest Economy News

Price of rice crashes by over 20% in major markets

The price of rice has fallen by 20-30% within two months on

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Naira crashes to one week low at official exchange now N1,234.49/$1

The exchange rate between the Naira and Dollar declined to a week-to-date

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FG, states, LGAs share N1.123trn in March

Alex Omenye The Federation Account Allocation Committee has disclosed the distribution of

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Why Nigeria should be removed from FATF’s grey list – Stakeholders

Stakeholders are requesting that Nigeria be removed from the grey list of

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Nigeria’s FX reserves shrink linked to debt repayments – CBN

The Central Bank of Nigeria has thrown more light on the reasons

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BDCs now buy dollar at N980, sell N1,020 – President

The Association of Bureaux De Change Operators of Nigeria President, Aminu Gwadabe,

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FG pays N600bn monthly on fuel subsidy – Rainoil CEO

The CEO of Rainoil Limited, Gabriel Ogbechie, has declared that the federal

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Nigeria’s FDI dropped by $19bn in 10 years – Minister

The Foreign Direct Investments into Nigeria dropped by $19bn in 10 years,

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Nigeria becomes world’s highest CRR country — Ecobank official

The Head, of the Group Corporate Banking and Chief Operating Officer, at

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Long queues resurface at filling stations as marketers blame supply hitch

Long queues at gas stations in Lagos and Ogun began to form

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Naira sells at N1262 against dollar

The naira, on Wednesday, continued its gain against the United States dollar,

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NNPCL denies reducing fuel pump prices

The Nigerian National Petroleum Company Limited has debunked claims that it has

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