Nigerian companies predict naira decline in coming months
Nigerian businesses expect a decline in the value of the naira from now until December, with hopes for a rebound next year, according to...
Nigeria’s inflation eases for the first time in 18 months
Nigeria's annual inflation rate eased in July for the first time in 18 months, a shift after a prolonged period of rising prices that...
Nigeria’s central bank raises interest rate again
Nigeria’s Central Bank has raised its benchmark interest rate by 50 basis points to 26.75% in a bid to contain persistent food inflation despite...
Tinubu and labour unions set minimum wage at N70,000
President Bola Tinubu has approved a new minimum wage of N70,000 for Nigerian workers, the Minister of Information and National Orientation, Mohammed Idris, announced...
World Bank appoints new country director for Nigeria
The World Bank has appointed Ndiamé Diop as its new country director for Nigeria.
Mr Diop, who is a Senegalese, assumed his new position Tuesday. He...