Naira Appreciates Against USD, Hits N1,602.75: Positive Week for Foreign Exchange Market
The Naira, Nigeria’s currency, closed out the week on a high note as it continued to strengthen against the US […]
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Rivers, Kogi, Oyo, Bauchi States Worst Hit By Food Inflation In 2024 – NBS Report
March 15, 2024 Kogi, Rivers, Oyo and Bauchi states have ranked the highest in food and all items inflation between
Nigeria’s Food Inflation Soars: Kogi, Rivers, and Kwara Lead, Bauchi, Plateau, and Taraba Lag
According to the latest report from the National Bureau of Statistics (NBS), three states in Nigeria are facing the highest
Inflation hits 31.70% in February, says NBS
March 15, 2024 The National Bureau of Statistics (NBS) on Friday, March 15, said inflation rate soared from the 29.90%
Naira Appreciates as US Dollar Supply Surges by 50% to $248.75 Million
The Nigerian Naira continued its upward trend against the US dollar, with a 50% surge in USD supply reaching $248.75
Nigeria’s Food Inflation Jumps to 37.92% in February Amid Economic Hardship
In February, Nigeria saw a significant increase in food inflation, reaching 37.92% compared to 35.41% in January 2024, reflecting the
Nigeria’s Headline Inflation Hits Record High at 31.70% in February 2024
Nigeria’s headline inflation reached a record high of 31.70% in February 2024, up from 29.90% in January 2024, driven by
Nigeria’s Q4 2023 Revenue Surges to N2.33 Trillion from CIT and VAT
Nigeria has seen a significant increase in revenue from Company Income Tax (CIT) and Value Added Tax (VAT) in the
Nigeria’s Q4 2023 Company Income Tax Drops by 35.40% to N1.13 Trillion
Nigeria’s Company Income Tax (CIT) took a significant hit in the fourth quarter of 2023, dropping by 35.40% to N1.13
Abdussamad Dasuki Proposes Maritime Bank to Curb Capital Flight
The Chairman of the House Committee on Shipping Services, Abdussamad Dasuki, has announced plans to establish a maritime bank in
$1 Billion Federal Investment Proposal for Modernizing Nation’s Ports
The federal government has announced a groundbreaking proposal for a $1 billion investment in the rehabilitation of the nation’s ports,
NEPC Aims to Boost Cowpeas and Sesame Seeds Value to $9.43 Billion by 2028
The Nigerian Export Promotion Council (NEPC) is setting its sights on a lofty goal – to elevate the value of