Nigeria’s Inflation Rate Surges to 29.90% in January 2024, NBS Report Shows
The latest inflation report released by the National Bureau of Statistics (NBS) reveals a concerning uptick ...
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Tag: economy
UK and Japan Enter Recession: Economies Shrink Amidst Global Uncertainty
The economies of both the United Kingdom and Japan have slipped into recession, with their gross ...
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Bayo Onanuga Labels Nigeria “Very Very Poor” Amid Economic Evaluation
In a candid appraisal of Nigeria's economic standing, the Presidency on Monday characterized the nation as ...
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CBN Considers Mandating Commercial Banks to Increase Capital Base to Over N900 Billion
In a recent development, the Central Bank of Nigeria (CBN) is contemplating a directive that could ...
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NECA Reveals 15 Multinationals Divested or Partly Closed Operations in Nigeria in Three Years
The Nigeria Employers’ Consultative Association (NECA), the umbrella body for employers, has disclosed that over the ...
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Plateau State Governor Warns of Potential Somalia-like Scenario if Violence Persists
Plateau State Governor, Caleb Mutfwang, issued a dire warning on Saturday, expressing concern that if immediate ...
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Obasanjo Holds Closed-Door Meeting with Ohanaeze Ndigbo in Owerri
Former President Olusegun Obasanjo engaged in a closed-door meeting with Ohanaeze Ndigbo chieftains in Owerri, Imo ...
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Clash Between NNPC and Marketers Escalates Over Petrol Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPC) and fuel marketers, represented by the Independent Petroleum Marketers ...
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Nigeria’s Trade Surplus Skyrockets to N1.89 Trillion in Q3 2023, Bolstered by Robust Export Performance
Nigeria has experienced a significant surge in its trade surplus during the third quarter of 2023, ...
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Sweden Enters Recession in Q3 with 0.3% Contraction; Consumers Tighten Spending
Sweden has officially entered a recession in the third quarter of the year, with its economy ...
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