Nigeria’s economic growth slows as oil sector shrinks
Nigeria's economic growth slowed to 2.51% in the second quarter from 3.54% a year earlier, according to new government figures, as the economy struggled...
NBS puts Nigeria unemployment at 4.1%
Unemployment in Nigeria fell to 4.1% in the first quarter of 2023 and was at 5.3 in the last quarter of 2022, the National...
Naira tumbles to N900 after brief recovery
The naira is on a downward spiral again after government’s intervention handed the currency a breather for about a week.
The currency fell to N900...
Nigeria shares N966 billion to states, LGAs as July revenue drops
The Federation Account Allocation Committee said it has distributed N966.11 billion to the three tiers of government for July.
The funds were disbursed from a...
Tinubu halts petrol price rise – effectively reinstating subsidy
President Bola Tinubu said his government will not allow a further rise in the price of petrol from the current rate of N617, effectively...