Monday, February 24, 2025

Economy

Scorecard is out: CBN’s naira redesign weakened Nigerian economy

The Central Bank of Nigeria-induced naira crunch between January and March weighed down on the economy leading to a decline in growth, the National...

Buhari’s “Grow what you eat or die” comment angers Nigerians

President Muhammadu Buhari faced criticisms on Tuesday for saying his decision to close the borders was a way of telling Nigerians to "grow what...

Buhari leaving without fixing refineries as Dangote Refinery opens

President Muhammadu Buhari has commissioned the 650,000 barrels a day (b/d) Dangote Refinery in Lagos at an event attended by politicians and business leaders. With...

Pluboard #PriceIndex launches with first set of items

On Monday, the National Bureau of Statistics released its latest inflation data – for April – putting the figure at 22.22%, from 22.04% a...

CBN to pay raw material exporters for bringing back dollars

Nigeria is expanding its incentives to new sectors to boost exports and dollar inflow into the country. Nigeria relies on crude oil for more than...

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