Nigeria’s inflation rate is expected to drop to 23% in 2024, and 15.5% in 2025 according to the International Monetary Fund (IMF). This was revealed by...
The International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s 2024 economic growth to 3.0%, which is below the growth forecast of 3.1 percent made...
A further $64.44 million of the verified foreign exchange backlog owed to airlines has been paid by Nigeria’s central bank. The payment brings the total payments...
An international human rights capacity-building non-governmental organization based in Washington DC, USA, Global Rights Organisation (GRO), has raised the alarm over growing insecurity in Nigeria. The...
President Bola Tinubu on Sunday pleaded again with Nigerians to give his administration a little more time and exercise patience as he is “committed to bringing...
High debt servicing costs continue to be an increasing concern, according to the International Monetary Fund (IMF), despite the fact that Nigeria and other low-income debtors...
In a deal that will conclude in the first half of this year, Access Bank of Nigeria will purchase an 80% share of Finance Trust Bank...
Nigeria’s on-grid generation fell to 3,383 megawatts as of 3pm on Friday, despite a recent increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC)....
A Nigerian pastor, Feyi Daniels, was sentenced on Friday by an Ikeja Sexual Offences and Domestic Violence court to life imprisonment for “raping a church member.”...
Nigeria’s Mainstream Energy, which currently manages two of the largest hydroelectric plants in the nation, has started to run a brand-new facility funded by China. Built...