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The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says he will bring inflation to single digit within the next five years.
Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a decade.
Zimbabwean workers have been hit hard by high accommodation costs as landlords now demand rentals in foreign currency to cushion themselves from the RTGS dollar which is free falling against the U.S dollar.
Chief Martin Onovo, a petroleum sector technocrat and versatile politician, has taken a look at the recommendation of the International Monetary Fund (IMF) for Nigeria to remove of fuel subsidy, and stated that the organisation’s counsel to the country in the last 40 years has consistently failed.
The United States has tightened restrictions on Iran's nuclear programme by failing to renew two key sanctions waivers which allowed Russia and the European nations to do business with Tehran.
Motorists and commuters in Damaturu, have urged the Department of Petroleum Resources (DPR) to sanction petrol stations not selling the product and creating artificial scarcity.
The middle class is getting squeezed and it is the millennial generation above all that is bearing the brunt, the Organisation for Economic Co-operation and Development has said, urging action to help households struggling with the rising cost of education and housing as incomes stagnate.
The African Development Bank (AfDB) has predicted that the Gross Domestic Product (GDP) of Southern Africa countries will increase by around 2.2 per cent in 2019 from 1.2 per cent last year.
Turkey’s opposition candidate for Istanbul mayor Ekrem Imamoglu was leading Monday by nearly 28,000 votes with most ballot boxes counted, Supreme Election Board (YSK) chairman Sadi Guven said.
Data compiled by Steve Hanke, an economist from John Hopkins University in Baltimore, USA, has shown that Nigerians are the sixth most miserable people in the world.
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher than the 1.93 per cent it achieved in 2018.
A witness invited by the petitioners before the Presidential Election Petition Tribunal (PEPT) has disagreed with the results of the last presidential election in Katsina State as claimed by the Peoples Democratic Party (PDP) and its candidate in the last presidential election, Atiku Abubakar.
Barcelona have agreed to sell left-back Marc Cucurella to Getafe just a day after they brought him back from Eibar.
The Kaduna State House of Assembly has began deliberations on the N81.68 billion supplementary budget forwarded to it by Gov. Nasiru El-Rufai.
The Nigerian Air Force (NAF) has appointed new Branch Chiefs, redeployed two Air Officers Commanding (AOCs) and other senior officers.
The Mexican drug kingpin Joaquin “El Chapo” Guzman has been sentenced to life behind bars in a U.S. prison, a humbling end for a drug lord once notorious for his ability to kill, bribe or tunnel his way out of trouble.
Sri Lankan President Maithripala Sirisena said that all suspects involved in the Easter Sunday terror explosions have been arrested.
The National Bureau of Statistics (NBS), has put the quantum of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954 jobs as of December 2017, stressing that five per cent or 2,889,715 of those jobs were created by Small and Medium Enterprises (SMEs).
An Ibadan-based trader, Mrs. Bushira Salawudeen, has prayed a Mapo Customary Court, to plead with her husband, Rafiu, to forgive her and stop the divorce proceedings.
Some football enthusiasts on Saturday said Nigeria has what it takes to beat the Desert Foxes of Algeria in the semifinals of the 2019 Africa Cup of Nations (AFCON) in Egypt.
The Organised Private Sector (OPS) said Nigeria had lost about N6 trillion across the different sectors due to the Apapa gridlock and called for urgent infrastructure development at the Lagos ports.