Sunday, December 22, 2024

Economy

Prices spiral as Tinubu government raises fuel prices again

The Nigerian government has again raised petrol prices as Nigerians continue to face unprecedented hardship after the Tinubu government removed fuel and electricity subsidies...

Nigeria’s FDI sees biggest quarterly decline in five years

Foreign Direct Investment (FDI) in Nigeria experienced its sharpest quarterly decline in at least five years in the second quarter (Q2) of 2024. According to...

2023 Vs 2024: Comparing Tinubu’s Independence speeches shows odd gaps

President Bola Tinubu delivered his second Independence Day speech to the nation on Tuesday as Nigerians marked the country’s 64th anniversary at a time...

CBN surprises markets with another interest rate hike

The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points to 27.25% on Tuesday, marking the fifth rate hike this...

Nigeria’s unemployment rate rises to 5.3% in Q1 2024

Nigeria's unemployment rate increased to 5.3% in the first quarter of 2024, up from 5.0% in the third quarter of 2023, according to the...

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