Prices of Key Staple Food Items Drop in August – NBS The average prices of 11 key staple food items in Nigeria saw a noticeable decline compared to the previous month. This is according to the National Bureau of Statistics (NBS) food price report for August...

NASS Denies Rumours of a Bill for Regional Government Restructure Principal officers of the National Assembly (NASS) have denied the existence of a Bill purported to have been submitted President Bola Tinubu to return Nigeria to a regional government. In a recent wave of speculation which...

Nigeria's External Reserves Hit 22-Month High to $37.31bn — CBN Nigeria’s external reserves have reached a 22-month high of $37.31bn, reflecting significant foreign inflows into the country’s economy. Data from the Central Bank of Nigeria (CBN) revealed that as of September 18, 2024, the reserves hit...

Cooking Gas Price Increases by 69% in August  The average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 69.15% from N9,194.41 in August 2023 to N15,552.56 in August 2024, on a year-on-year basis. According to the National Bureau Of...

Foreign Reserves Record $2.35bn Net Inflow – Finance Minister The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says Nigeria’s foreign reserves have seen a net inflow of about $2.35bn into the Central Bank’s coffers. He disclosed this at the Corporate Customers Forum in...

Public, Private Pension Contributions Rise to N11tn – Report A report on 20 years of pension reforms in Nigeria obtained on Thursday showed that pension contributions from the public and private sectors rose to N11tn in the second quarter of 2024. The Chief Executive Officer of...