Tag: Inflation

Nigeria’s collective investment schemes (CIS) have recorded significant growth, with total assets under management (AUM) rising from N3.2 trillion to ...

Nigeria’s petrol price has witnessed a dramatic increase over the past three years, climbing from about N175 per litre in ...

Nigeria's non-oil private sector recorded its strongest expansion in nine months during May, as improving customer demand and a surge ...

Nigeria’s private sector recorded stronger growth in May 2026, but rising fuel prices continued to place pressure on businesses across ...

Nigeria spent approximately $2.34 billion on food imports in 2025, highlighting the country's continued reliance on foreign supplies despite years ...

President Bola Tinubu has stated that the removal of fuel subsidy by his administration helped prevent Nigeria from falling into ...

Nigeria’s economy is expected to experience slower growth in 2027 as falling global oil prices may reduce the country’s revenue ...

President Bola Ahmed Tinubu has defended the economic reforms introduced by his administration, saying the difficult decisions taken over the ...

Nigeria has recorded another decline in the amount of cash held outside the banking system, as tighter monetary policies and ...

Africa is becoming one of the fastest-growing economic regions in the world, according to the President of the African Development ...