One year after a sharp drop against the dollar, the naira is currently going through an uncommon period of stability, and ...

Nigeria has lost $310 billion in GDP during the last ten years due to a combination of factors, including low productivity, ...

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Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

Nigeria’s government is betting on a new GDP rebasing exercise but there are doubts around whether this will truly reflect ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

Nigeria plans to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in ...

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflationary economy.

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

ABUJA (Reuters) - Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual ...

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...