GDP

Federal Government Phases Out Remita, Introduces TMRAS for Enhanced Revenue Collection

Federal Government Phases Out Remita, Introduces TMRAS for Enhanced Revenue Collection

The Federal Government of Nigeria (FG) unveiled the Treasury Management & Revenue Assurance System (TMRAS), a groundbreaking payment platform designed… Read More

2 months ago

Trump’s 2025 Tariffs on U.S. Trade with Mexico, Canada, and China

As of midnight on March 4, 2025, U.S. President Donald Trump has imposed tariffs on imports from Mexico, Canada, and… Read More

2 months ago

Nigerian Financial Services Sector Surges 27.78% in Q4 2024 as Digital Banking, Fintech Drive Expansion

Nigeria’s financial services sector delivered an impressive real growth rate of 27.78% in the fourth quarter of 2024, maintaining its… Read More

3 months ago

Nigeria’s Agriculture Growth Slows to 1.76% in Q4 2024 Amid Rising Costs and Insecurity

Nigeria’s agriculture sector grew by 1.76% in Q4 2024, marking a slowdown from the 2.10% recorded in the same period… Read More

3 months ago

Nigeria’s GDP Growth hits 3.84% in Q4 2024

Nigeria’s economy showed a 3.84% GDP growth in Q4 2024, according to the National Bureau of Statistics (NBS). This marks… Read More

3 months ago

Detailed Analysis of NCS’s 4% FOB Charge Cancellation

The recent developments surrounding the Nigeria Customs Service (NCS) and its handling of the 4% Free-on-Board (FOB) charge on imports… Read More

3 months ago

Dr Muda Yusuf- CBN Benchmark Rate Should Not be Higher Than the Inflation Rate

The Central Bank of Nigeria (CBN) recently announced a pause in its aggressive monetary policy tightening, opting to hold the… Read More

3 months ago

Dollar to Naira: Naira Stabilises at N1,515 at the Black Market

The Nigerian naira has recently demonstrated notable resilience against the U.S. dollar in both official and parallel foreign exchange markets.… Read More

3 months ago

Explainer: Nigeria’s CPI Rebasing: Methodology, Significance, and Key Findings

The Consumer Price Index (CPI) is a critical economic measure that tracks changes in household spending on goods and services.… Read More

3 months ago

Why Nigeria’s Inflation Rate Dropped to 24.48% After CPI Rebasing – And What It Really Means

Nigeria’s inflation rate has sharply declined from 34.80% in December 2024 to 24.48% in January 2025, according to new data… Read More

3 months ago