ECONOMY

Nigeria’s inflation rate rose to 32.7 per cent in September 2024 after a 2-month decline to 32.15% in August, due to a greater increase in food prices and transportation costs...

Central Bank of Nigeria (CBN)'s governor Olayemi Cardoso said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11. Cardoso said inflation...

Chief economist and vice president at the World Bank Indermit Gill, said that the federal government should sustain ongoing reforms despite the economic challenges posed to Nigerians. Gill also commended...