NBS says inflation slows to 21.88% but Nigerians ask: ‘Na statistics we go chop?’
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate eased slightly in July 2025, dropping to 21.88 percent from 22.22 percent recorded…
Category: Economic News
NCC Lists 9 Smart Ways Nigerians Can Save Mobile Data
The Nigerian Communications Commission (NCC) has once again stepped into the conversation about data consumption in the country, offering Nigerians practical advice on how to…
Nigeria’s $4 Billion Trade Surplus Signals Strong Economic Stabilization
A brighter picture is emerging for Nigeria’s economy, according to the Minister of Finance and Coordinating Minister of the Economy, Senator Wale Edun. At a…
FG Launches Electronic Fiscal Platform to Combat Tax Evasion
In a significant move to overhaul Nigeria’s tax system and curb widespread evasion, the Federal Government has officially launched a national Electronic Fiscal System (EFS),…
Federal Government to Complete N80 Billion Alau Dam Upgrade by 2027
The Federal Government has confirmed that the ongoing N80 billion reconstruction and upgrade of the Alau Dam in Borno State will be completed by 2027.…
CPPE Projects Nigeria’s GDP to Reach $450 Billion by End of 2025
The Centre for the Promotion of Private Enterprise has projected that Nigeria’s economy could grow to $450 billion by the end of 2025, provided that…
Nigeria and Benin Set the Wheels in Motion for a New Era of Economic Cooperation
In a significant step toward stronger regional ties and economic growth, Nigeria and the Republic of Benin have officially begun implementing a new economic cooperation…
Nigeria’s Business Confidence Climbs for Sixth Month in a Row as Manufacturing Powers Recovery
Nigeria’s business environment has continued to show encouraging signs of resilience and gradual recovery, as confidence among businesses grew for the sixth consecutive month in…
NAFDAC Seizes Fake and Expired Goods Worth Over N1.5 Billion in Lagos
In a sweeping enforcement operation that has sent ripples through Nigeria’s commercial hubs, the National Agency for Food and Drug Administration and Control (NAFDAC) has…
Federal Government Urges Closer Collaboration Between FMBN and State Governors
In a renewed push to make homeownership more accessible for millions of Nigerians, the Federal Government has called on the Federal Mortgage Bank of Nigeria…