Economic

Latest Economic News

How Economic Forces Shape Housing Prices: The Impact of Exchange Rates, Interest Rates, and Inflation

Housing prices are driven by people's ability to pay, desire to own,…

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$50bn FDI Key to Stabilizing Nigeria Inflation and Exchange Rates – Expert

Nigeria must attract at least $50 billion in foreign direct investment (FDI)…

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China Approves New Value-Added Tax Law, Effective January 2026

China has officially approved a new Value-Added Tax (VAT) law, which will…

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Naira hits back on Euro at black market, sells for N1,690/€

The Nigerian naira posted strong gains against the European currency at the…

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Naira Surges Below N2,000 Against the Pound for the First Time in Five Months

The Nigerian naira has broken new ground by trading below N2,000 to…

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Costly World Bank loans behind tax reforms rush

For those querying the rationale behind the rush to pass the tax…

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Naira appreciates to N1,600/$ at parallel market — best in four months

The naira appreciated to N1,600 to the dollar at the parallel section…

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Shareholders Blame Holcim’s Exit From Nigeria On Economic Challenges

Swiss cement giant Holcim’s decision to exit the Nigerian market after 65…

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Union Bank Appoints Mr. Bayo Adeleke as New Board Chairman

Union Bank of Nigeria PLC has announced the appointment of Mr. Bayo…

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Zulum Claims Tinubu’s Tax Reform Bills Will Only Benefit Lagos

Borno State Governor, Babagana Zulum, on Sunday, expressed concerns that the proposed…

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