Economy

Mr Buhari issued his latest directive at a meeting of the National Food Security Council at the State House, Abuja, on Thursday. In a statement, Garba Shehu, Mr Buhari’s spokesperson, said the president ordered the Central...

Food inflation in Nigeria rose in August to 16.0 per cent, compared with 15.48 per cent in July, the National Bureau of Statistics said in a report on Tuesday.  Headline inflation, which includes the prices of...

Despite resumption of forex sales to Bureau de Change operators, the Nigerian currency slumped in the parallel market Thursday. Checks by Premium Times showed that the naira exchanged to the dollars at N440 in Lagos, down...

The significant decline of Nigeria’s foreign exchange earnings as well as revenue accruable to the federation account have persisted due to declining crude oil prices at the international market, the Governor of the Central Bank of...

This is an indication that these countries, including Nigeria, are making an effort to bridge the financial inclusion gap after signing the Maya Declaration in 2011. Premium Times reported that Nigeria made a commitment under the...

Despite the crash in national and global economic activities attributed to the pandemic, the non-oil sector of the Nigerian economy has continued to record a significant increase in collectable tax revenue, the Federal Inland Revenue Service...