Emeka Ejere || Annual inflation in Nigeria fell to its lowest level in almost a year in February and slowed for the 13th month in a row led by decelerating…
Read More Nigeria inflation at 11-month low on slowing food price gains
Category: Economy
Buhari approve increase in the price of Cigarette, alcohol
Ebun Francis || Prices of alcoholic beverages and tobacco products will increase with effect from June 4, 2018. This followed the approval of an amendment to the excise duty rates…
Read More Buhari approve increase in the price of Cigarette, alcohol
Nigeria’s external reserves climb to $46 billion
Nigeria’s External Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018. Figures obtained from the…
Read More Nigeria’s external reserves climb to $46 billion
IMF urges Nigeria to introduce higher MPR to sustain economic recovery
The International Monetary Fund (IMF) has come up suggestions on ways to sustain Nigeria’s economic recovery, warning that despite its recent exit from recession, the economy remained vulnerable to shocks.…
Read More IMF urges Nigeria to introduce higher MPR to sustain economic recovery
US Secretary of State warns African countries to weigh Chinese loans carefully
Emeka Ejere || U.S. Secretary of State Rex Tillerson said on Thursday that African countries should be careful not to forfeit their sovereignty when they accept loans from China, the…
Read More US Secretary of State warns African countries to weigh Chinese loans carefully