Nigeria unemployment rate up again after revised calculation
Nigeria's unemployment rate climbed to 5% in the third quarter of 2023, coinciding with a deepening cost-of-living crisis triggered by the government's elimination of...
Stocks, naira down. What worsening economy means for Nigerians
Nigeria's economic woes intensified on Monday, with both the naira and stock markets experiencing significant setbacks.
The naira hit record lows on both official and...
Naira hits new low of 1,650 per dollar in intraday trading
The naira fell to another record low of 1,650 to the dollar in intraday trading on the official market on Monday, Reuters reported.
The currency...
Nigeria inflation isn’t cooling; at nearly 30% in January
Nigeria consumer prices rose further in January to nearly 30% as inflation shows no sign of cooling amid growing hardship across the country.
Inflation rose...
New UK pact aims to encourage British schools to offer programmes in Nigeria
The UK will today (Tuesday 13 February) sign a partnership with Nigeria to boost trade and investment and unlock new opportunities for UK and...