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FCCPC to monitor price hikes to prevent consumer exploitation

    FCCPC to monitor price hikes to prevent consumer exploitation

The Federal Competition and Consumer Protection Commission (FCCPC) says it will monitor and investigate price hikes in the markets to protect consumers from exploitation. In a statement from Adamu Abdullahi,

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Nigeria’s FX reserves drop to $32bn — lowest level in six years

    Nigeria’s FX reserves drop to $32bn — lowest level in six years

Nigeria’s foreign reserves fell to $32.29 billion on April 15 — the lowest level in over six years.  According to the latest data from the Central Bank of Nigeria (CBN),

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Economic slowdown: G-24 seeks access to concessional funding for poor nations

    Economic slowdown: G-24 seeks access to concessional funding for poor nations

The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) has called for access to concessional financing to enable poor nations to withstand global economic shocks. Concessional funding

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Akabueze: Debt sustainability Nigeria’s most significant challenge — investments needed

    Akabueze: Debt sustainability Nigeria’s most significant challenge — investments needed

The Nigerian government says debt sustainability is the most significant challenge it faces, adding that investment and increased trade are the “most important support it needs at this time”. Ben

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Nigerian Breweries: High inflation rate, FX volatility caused N106bn loss in 2023

    Nigerian Breweries: High inflation rate, FX volatility caused N106bn loss in 2023

The Nigerian Breweries says soaring inflation rates and foreign exchange (FX) volatility contributed to its net loss of N106 billion

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FIRS: National single window will help Nigeria achieve 7% GDP growth annually

    FIRS: National single window will help Nigeria achieve 7% GDP growth annually

Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), says the newly inaugurated national single window (NSW) project is

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ICF, EDC to empower 300 women through entrepreneurship training

    ICF, EDC to empower 300 women through entrepreneurship training

Illmi Children’s Fund (ICF), a non-profit organisation, is partnering with the Enterprise Development Centre (EDC) of the Pan Atlantic University,

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Wale Edun: FG revenue rising, things are moving in right direction

    Wale Edun: FG revenue rising, things are moving in right direction

Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria’s economy is moving in the right direction

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FG targets 24-hour ports clearance as Tinubu inaugurates national single window

    FG targets 24-hour ports clearance as Tinubu inaugurates national single window

President Bola Tinubu has inaugurated the national single window (NSW) project to boost trade in Nigeria. Speaking during the inauguration

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Despite persistent increases, IMF projects decline in Nigeria’s inflation to 26%

    Despite persistent increases, IMF projects decline in Nigeria’s inflation to 26%

The International Monetary Fund (IMF) expects Nigeria’s inflationary pressure to ease to 26 percent this year. The fund spoke on

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