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BusinessNews

Why Nigeria’s GDP hit N372.82trn in 2024

By Chioma Obinagwam ‎The National Bureau of Statistics (NBS) has released rebased Gross Domestic Product (GDP) figures for Nigeria, using 2019 as the...

BusinessNews

Why CBN postponed 299th MPC meeting

By Chioma ObinagwamNigeria’s apex bank, the Central Bank of Nigeria (CBN), has announced a new date for the 299th Monetary Policy Committee (MPC)...

BusinessNews

Nigeria’s GDP rose by 3.46% amid protest against hunger

By Chioma Obinagwam The National Bureau of Statistics (NBS) revealed that the domestic economy maintained its growth pace for the third consecutive quarter...

NewsPolitics

‘Protesting in beer parlour’, Twitter user knocks Igbos for bizarre protest style

By Chioma Obinagwam A post by an X user known as Somto Okonkwo, showing a video of Igbos drinking beer at a bar,...

BusinessNews

Expert reveals how interest rate, inflation, others will shape Nigeria’s economic growth in 2024

By Chioma Obinagwam A Pan-African Credit Rating Agency Agusto & Co. has identified three major economic variables that are likely to have overarching...

BusinessNews

Forex: Investors adopt wait-and-see approach to CBN’s policy

By Chioma Obinagwam As Nigeria’s apex monetary authority, the Central Bank of Nigeria’s (CBN’s) latest policy on Foreign Exchange (Forex) gains momentum, investors...

BusinessNews

Nigeria’s headline inflation eases by 21.47% after 12 months slowdown

By Chioma Obinagwam Nigeria’s headline inflation declined by 21.34% year on year (y/y) in December 2022, which is the first time it tilted...

BusinessNews

Analysts’ economic forecast, recommendation for year 2023

By Cordros  Research The domestic macroeconomic narrative did not change much in 2022, given the government’s lack of will to institute the necessary...

BusinessNews

FIRS, JTB begin enforcement, prosecution of tax defaulters

By Chioma Obinagwam The Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration with the Federal Inland Revenue Service (FIRS) would...

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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...