Tuesday, January 21, 2025

Economy

IMF says Nigeria inflation figures have for years been wrong

Nigeria has been using outdated figures to calculate consumer price indices for years, meaning its inflation numbers for years have likely been misleading. - A...

Gov. Adeleke’s first bill to Osun lawmakers appears to reveal a priority

Governor Ademola Adeleke of Osun state says he will soon be ready with his first executive bill to the state’s house of assembly, and...

Russia’s oil production cut may be good news for Nigeria

Russia will reduce crude oil production by 500,000 barrels per day from March after major economies imposed a price cap on oil products. - Why...

Nigeria opens $1.5 billion ‘game changer’ seaport in Lagos

Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it...

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