Nigeria’s Inflation Declines Again, Drops to 16.05% in October 2025 – NBS
The report shows notable Year-on-Year reductions, slower CPI growth, and varying state inflation trends, with food inflation remaining a key ...
Tag: Nigeria economy
Naira Falls to N1465/$ in Black Market as Demand Pressure Persists
The Naira weakened to N1465/$ in Nigeria’s black market on Monday, November 17, 2025, as strong dollar demand and limited ...
Naira Opens Week Lower at N1,545/$1 in Black Market
In the official market, the naira performance was similarly to the black market as it opened the week lower at ...
Tinubu Orders Review of Revenue Agency Deductions to Boost Savings
President Bola Tinubu has ordered a comprehensive review of deductions by Nigeria’s major revenue-generating agencies to boost public savings and ...
World Bank Classifies Nigeria as Lower-Middle Income Economy, Below Libya and Gabon
The World Bank has reaffirmed Nigeria’s status as a Lower-Middle Income Economy (LMIE) in its 2025/2026 country income classification, placing ...
Betting on Survival: The Economics Behind Nigeria’s Gambling Surge
With platforms like Bet9ja, SportyBet, and 1xBet just a tap away, the gambling industry has embedded itself into Nigeria’s digital ...