Economy

Consumer

Pluboard #PriceIndex launches with first set of items

Jane Kalu -
On Monday, the National Bureau of Statistics released its latest inflation data – for...
Economy

CBN to pay raw material exporters for bringing back dollars

Plu Team -
Nigeria is expanding its incentives to new sectors to boost exports and dollar inflow...
Economy

One chart shows Nigeria’s trade indicator loss under Buhari

Plu Team -
Nigeria last year recorded an improvement in its Logistics Performance Index, a measure of...
Economy

Buhari gets Senate help on illegal N23.7 trillion CBN loan

Ini Ekott -
The Senate has approved President Muhammadu Buhari’s request to restructure a N23.7 trillion ($49...
Economy

CBN says it has ‘good quantity’ of scarce new naira notes

Plu Team -
The Central Bank of Nigeria says it has continued to take delivery of redesigned...
Development

Buhari pushes census to Tinubu after delay

Plu Team -
After at least one delay, the Buhari administration has formally admitted it will not...
Economy

Norway’s Golar gets deal to build floating LNG plant in Nigeria

Plu Team -
The Nigerian National Petroleum Corporation (NNPC) has signed an agreement with Norwegian Golar LNG,...
Economy

CBN fuelling the same inflation it is fighting

Plu Team -
The Central Bank of Nigeria’s financing of the federal government’s budget deficit and record...
Companies

Exxon declares force majeure on oil liftings, a blow to Nigeria

Plu Team -
ExxonMobil says its units in Nigeria cannot load oil due to an industrial action by its staff, a development with implication for Nigeria's revenue.
Economy

More hardship for Nigeria’s poor as inflation jumps again

Plu Team -
The cost of living in Nigeria continued to increase in March, with inflation reaching...
Africa

‘Big funding squeeze’ threat to Nigeria, sub-Saharan Africa – IMF

Plu Team -
Economic growth in sub-Saharan Africa is expected to decelerate to 3.6% before rebounding to...
Economy

Dollar falls after U.S. inflation report

Plu Team -
The U.S. dollar experienced a sharp drop in value on Wednesday after the release...
Economy

Planned subsidy payments to 50m Nigerians offers below N10,000 each

Plu Team -
The Nigerian government says it has obtained $800 million from the World Bank which...
Economy

27 states in Nigeria attracted zero foreign capital in 2022

Plu Team -
Twenty-seven states attracted no foreign capital into Nigeria in 2022, according to government figures...
Economy

Naira drops to record low on official market

Plu Team -
Naira plunged to a new low against the United States dollar on Monday on...
Economy

Economic crisis: Nigeria records huge foreign direct investment fall

Plu Team -
Foreign direct investment into Nigeria decreased by a third in 2022 and fell massively...
Companies

Nigeria’s ailing economy ends iconic brands Omo, Lux. And it’s big deal

Eric Ojo -
Nigerians will no longer have the iconic products Omo and Lux in the market....
Economy

Nigeria’s new debt figure suggests how much each citizen owes

Plu Team -
Nigeria’s total debt rose to N46.3 trillion or $103.11 billion at the end of...
Food

Unable to sell, Nigerian egg farmers cut prices, lose big

Plu Team -
Poultry farmers in Lagos are losing big after Nigeria’s cash crunch left huge of...
Food

Prices of top three Nigerian foods at highest levels in years

Jane Kalu -
The prices of three major foods in Nigeria surged to the highest levels in...
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