Nigeria economy

Local Rice Price Soars by 152.9% YoY to N95,738/50kg Bag – NBS
Local News

Local Rice Price Soars by 152.9% YoY to N95,738/50kg Bag – NBS

The price of a bag (50 kg) local rice rose year-on-year, YoY, by 152.9 percent to N95,738 in September 2024…
Nigerians Turns to Phone Swapping Amid Rising Mobile Prices, Decreased Purchasing Power
Local News

Nigerians Turns to Phone Swapping Amid Rising Mobile Prices, Decreased Purchasing Power

As economic hardship continues to deepen in Nigeria, the purchasing power of citizens has significantly dwindled, affecting the prices of…
No bigger driver of the economy than the private sector – Tinubu tells business owners 
Business & Economy

No bigger driver of the economy than the private sector – Tinubu tells business owners 

President Bola Tinubu has reaffirmed his commitment to working with the private sector to foster economic growth and development in…
Naira Records Depreciation to N1,455/$ in Parallel Market
Local News

Naira Records Depreciation to N1,455/$ in Parallel Market

The naira witnessed a decline to N1,455 per dollar in the parallel market, marking a shift from the N1,440 per…
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