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Nigerian Economy Growth to Rise 3.7% in 2025 – World Bank

Nigerian Economy Growth to Rise 3.7% in 2025 - World Bank The World Bank has predicted that Nigerian Gross Domestic Product will grow by 3.7 per cent in 2025. The World Bank in its latest report titled “Global Economic Prospect: Subdued Growth, Multiple Challenges”, projected that...

Naira Rebounds at The Official I&E Window

Naira Rebounds at The Official I&E Window   After several days of volatility, the naira rebounded at the official I&E Window on Tuesday, closing at N878.61/$1 against the N925.34/$1 it closed on Monday. The latest indicates a major improvement in the value of the local currency which...

Oil Marketers Kick as NNPCL Delays Petrol Supply

Oil Marketers Kick as NNPCL Delays Petrol Supply   Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have berated the Nigerian National Petroleum Company Limited (NNPCL) for alleged delay in the supply of petroleum products. As a result, the marketers said they...

Naira Depreciation: Drug Imports May Hit Over N900bn

Naira Depreciation: Drug Imports May Hit Over N900bn   Drug prices are set to remain high in 2024 as import prices of pharmaceutical products may hit over N900bn due to the depreciation of the naira. This is set to further put pressure on Nigerians who had grappled...

Cooking Gas Prices Rose by 8.70% in 2023 – NBS

Cooking Gas Prices Rose by 8.70% in 2023 - NBS   The price of cooking Gas continued to rise in the last quarter of 2023, adding to the strain on consumers who were already struggling with the rising cost of living. According to data from the National...

FG Launches Smart National Transport Databank

FG Launches Smart National Transport Databank The Federal Government has inaugurated a Stakeholders' Engagement Forum for the upcoming Smart National Transport Databank. This according to the government is a significant step forward in enhancing the transportation landscape in the country. In his keynote address at the launch...