Economy
Services sector fuels Nigeria’s 3.84% GDP expansion in Q4 2024
Onome Amuge Nigeria’s Gross Domestic Product (GDP) expanded 3.84 percent in the fourth quarter of 2024, a 3.46 percent increase…
Rebased inflation rate raises concerns over true cost of living
Onome Amuge Nigeria's inflation rate, which had been experiencing a sustained upward trajectory in recent months, witnessed a dip in…
Nigeria’s inflation rate drops to 24.48% in January 2025
Joy Agwunobi The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 24.48 per cent…
Nigeria’s economy sustains expansion for second consecutive month-CBN
Onome Amuge The Purchasing Managers’ Index (PMI) for Nigeria in January 2025 revealed a second consecutive month of economic expansion,…
Falling per capita income signals tough times ahead for Nigeria’s economy
Onome Amuge Nigeria’s GDP per capita income dropped drastically by about 285 per cent in 11 years, pointing to a…
Nigeria’s economic future uncertain amid Trump’s protectionist policies- Analysts
Onome Amuge Donald Trump’s second term as US President brings with it a sustained “America First” agenda centred on trade…
