4+ hour, 3+ min ago   (808+ words) December CPI shows slowdown to 15.15%, with IMF noting easing inflation and potential relief for Nigerian households. The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commodities, increased to 15.5 per cent year-on-year in December…...

1+ day, 3+ hour ago   (807+ words) Economic analyst Adebajo says current World Bank growth projections for Nigeria signal stability but remain inadequate for broad-based poverty reduction. Economic analyst Adetilewa Adebajo has warned that Nigeria may be emerging from economic fragility, but the pace of growth projected…...

1+ mon, 1+ week ago   (827+ words) CBN tells Senate Nigeria's economy is strengthening as inflation falls, reserves rise, naira stabilises and investor confidence returns. Central Bank of Nigeria (CBN) on Thursday, told Senate that Nigeria's economic recovery had entered its most stable and promising phase in…...

1+ mon, 2+ week ago   (1310+ words) CBN keeps benchmark interest rate at 27 per cent, citing inflation concerns, banking resilience, Naira stability and macroeconomic progress. The Central Bank of Nigeria (CBN), on Tuesday resolved to keep the Monetary Policy Rate (MPR), the benchmark interest rate unchanged at…...

1+ mon, 2+ week ago   (292+ words) UK Government increases minimum wage by 4.1% "from April, 2026 despite employer warnings of higher prices and inflation risks. The UK government has approved a 4.1% increase in the national minimum wage for 2026, raising the main rate to "12.71 an hour from next April,…...

4+ mon, 2+ week ago   (402+ words) Gold surged past $3,500 to a record high as dollar weakness and Fed cut expectations boosted investor demand. "Gold prices has hit a record high above $3,500 per ounce on, fuelled by a weaker US dollar and mounting expectations that the Federal…...

5+ mon, 2+ week ago   (919+ words) IMF has projected Nigeria's GDP to grow by 3.4% in 2025 and 3.2% in 2026, revising earlier forecasts. The International Monetary Fund (IMF) has revised Nigeria's economic growth forecast upward, projecting a Gross Domestic Product (GDP) growth of 3.4 per cent in 2025 and 3.2 per cent…...

6+ mon, 2+ day ago   (345+ words) The EU delays retaliatory tariffs, continuing talks with Trump's administration while preparing countermeasures before the August 1 deadline. The European Union has announced a delay in imposing retaliatory tariffs on American goods as it races to secure a last-minute trade agreement…...

6+ mon, 1+ week ago   (1630+ words) The IMF says revised oil assumptions are needed in Nigeria's 2025 budget to avoid widening fiscal deficit and inflation risks. The International Monetary Fund (IMF) on Wednesday disclosed that Nigeria needed to adapt its 2025 budget to lower oil prices and scale…...

6+ mon, 4+ week ago   (1304+ words) LCCI has commended the inflation drop in May, but warns that food crisis, insecurity, and supply shocks may reverse gains. The Lagos Chamber of Commerce and Industry (LCCI) has welcomed the latest report from the National Bureau of Statistics (NBS), which…...