Saturday, May 3, 2025
The Central Bank of Nigeria’s governor expects headline inflation to fall to 21.4 per cent in 2024. The apex bank’s governor disclosed this during his keynote speech at the launching of the Nigerian Economic Summit Group macroeconomic outlook report for 2024. He said, “Inflationary pressures are expected to decline in […]
The Nigerian Exchange Limited’s benchmark index crossed the 100,000 basis point mark, setting a new all-time high record on Wednesday. At the close of trading, the All-Share Index of the local bourse gained 2,954.14 points or 2.99 per cent to close at a new high of 101,571.11. The ASI closed […]
The Federal Inland Revenue Service surpassed its 2023 revenue target by N816bn, a 107 per cent performance over the set goal and has set a target to collect N19.4 turn in tax this year. The Coordinating Director of Special Tax Operations Group, Amina Ado, disclosed this at the 2024 management […]
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 the African largest economy will improve by 3.3 per cent up from a projected 2.9 […]