Economic

Latest Economic News

FCCPC Probes Why Cement Costs More in Nigeria Than Kenya, Togo

The Federal Competition and Consumer Protection Commission (FCCPC) has opened a further…

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Nigeria Food Inflation Climbs as Households Face Rising Living Costs

Nigeria’s inflation picture is showing mixed signals as headline inflation continues to…

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8.5 Million South Africans Now Unemployed as Job Market Deteriorates

South Africa's unemployment crisis has deepened, with the number of unemployed people…

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NiMet Issues Fresh Flood Alert for 13 States

The Nigerian Meteorological Agency (NiMet) has warned residents and authorities in 13…

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CBN Reports Increase in Housing and Mortgage Credit Demand

More Nigerians are turning to bank loans to finance the purchase and…

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NRS Reports ₦27.1tn Tax Revenue in Seven Months

Nigeria's tax collections rose to ₦27.1 trillion within the first seven months…

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Group Demands Cancellation of Illegal Mining Permits in National Parks

A non-governmental organisation, Bincike International, has called on the Federal Government to…

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Aviation Industry Faces Crisis Over ₦12bn Ticket Sales Charge Dispute

Nigeria's aviation industry is facing the threat of another major disruption as…

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NAICOM Cancels Nigeria Reinsurance Licence, Appoints Liquidator

The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria…

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NDIC Starts Compensation for Customers of 46 Closed Microfinance Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured…

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