Economy

Nigerians borrow N4.82trn in Q1’24 as consumer confidence slides to negative 9.1 points

Business a.m. The Household Expectations Survey for July 2024, conducted by the Central Bank of Nigeria (CBN), has indicated a…

Nigeria’s economy expands 3.19% in Q2 driven by service sector growth

Business a.m. Nigeria’s economy, led by the services sector, expanded at a robust pace in the second quarter of 2024,…

FG, sub-nationals share N1.358 trn  revenue allocation in July

Business a.m. The Federation Account Allocation Committee (FAAC) has distributed a total sum of N1.358 trillion among the three tiers…

Nigeria’s inflation eases slightly as seasonal harvest cools rising prices in July

Down 33.40% from 34.19% in June Onome Amuge After months of battling high inflation, Nigeria's economy recorded a cooling in…

Is the future informal? – Key takeaways from the Moniepoint Informal Economy report

Bemigho Awala For a lot of individuals, organisations and even governments, the question of what the future holds is a…

Nigeria inflation rate eases to 33.40% in July

Business a.m. Nigeria's persistent battle with inflation showed signs of improvement in July 2024, as the country's inflation rate declined…