In its latest World Economic Outlook report of July 2024, the International Monetary Fund (IMF) adjusted its growth forecasts for Nigeria, lowering them by 0.2 percentage points. Economic growth is n...
The Federal Competition and Consumer Protection Commission (FCCPC) accused the American group of violating Nigeria's laws ensuring this protection on Facebook and WhatsApp. According to a statem...
Approximately $229 million will be allocated to health and social welfare, and around $328 million to agriculture and food security, Edun stated, emphasizing that the government will fund these measu...
Price pressures have been driven by the reforms of Nigerian President Bola Ahmed Tinubu, who has mainly cut subsidies on gasoline and electricity and devalued the naira twice within a year. According...
Despite the rain sweeping through the aisles of the Balogun market in Lagos, Nigeria's economic capital, Ajoke takes her time choosing the Adire fabric she wants to gift to one of her friends. T...
The contribution of entertainment to the GDP has increased over the last three years. In 2020, the Nigerian bureau of statistics had estimated the entertainment contribution at $1.1 billion. Over t...
