Seven most shocking CBN probe findings: $6.2m for election observers, others
The special investigator appointed by President Bola Tinubu to investigate the activities of the Central Bank of Nigeria submitted its report on December 9.
The...
Nigeria’s unemployment woes deepen despite govt’s revised data
Nigeria’s unemployment problem worsened in the second quarter of 2023 despite the government’s new methodology that significantly slashes the percentage of people without jobs.
Unemployment...
Naira falls to new intraday low on official market
Naira dipped to its lowest official mark ever on Tuesday, briefly touching 1,248 against the dollar before clawing back some ground to close at...
Cash from abroad slows: Nigeria’s remittance growth hits 3-year low
Growth in remittance flows to Nigeria, a crucial lifeline for millions, stumbled in 2023, reaching its weakest pace in three years, according to the...
Nigeria’s revenue to GDP too low, IMF warns
The International Monetary Fund (IMF) expressed concern about Nigeria's low revenue-to-GDP ratio, urging the government to prioritize raising revenue to address high inflation and...