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Economy

IMF Warns Naira May Experience Further 35% Depreciation In 2024 Due To Nigeria’s Production Challenges

It said the country’s growth could fall to zero in 2024 and only slowly recover to 2% in 2028. Th…
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Nigerian Police Deny Knowledge Of NLC Mass Protest In Abuja Over Hardship

SaharaReporters had also reported that the leaders of the NLC and the TUC insisted that they would e…
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Nigerian Senate Asks Revenue Agency, FIRS To Suspend Tax Waivers, Says N17trillion Lost In Five Years

It urged the Federal Inland Revenue Service (FIRS) to suspend the tax waivers and substitute it with…
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China’s C919 jetliner showcased at Singapore Airshow

Biennial air show opens to the public for the first time since the onset of the COVID-pandemic in 20…
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US banking giant Capital One to buy Discover Financial for $35.3bn

The proposed acquisition would create the biggest credit card company in the US. Banking giant Ca…
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Nigeria’s Capital Importation Rise By 66.27% In 4th Quarter Of 2023 —NBS

The NBS added that the amount in Q4 2023 showed an increase of 2.62% compared to the previous year, …
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Nigerians Must Endure Current Hardship To Have Good Future, Says President Tinubu

Seyi’s post comes amid a protest held by residents of Ibadan, the Oyo State capital against the risi…
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AfDB Warns Of Protests In Nigeria, Kenya, Other African Countries Over Fuel Subsidy Removal, Rising Costs

The bank gave the warning in its Macroeconomic Performance and Outlook for 2024, even as it projecte…
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Nigeria: NNPC, CBN Collaborate, Agree On Platform To Ensure ‘Seamless’ Management Of Nigeria’s Oil Revenue

The Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria (CBN) have a…
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Nigeria: Labour intensifies pressure, gives FG 14 days to address hardship, hunger

• Kano residents hit streets again to protest high cost of living• Don’t provoke further p…
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