Monday, June 29, 2026

Economy new

October 3, 2023

Average 5kg cooking gas price N4,115.32 in August: NBS

The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,072.87 in July to N4,115.32 in August 2023.

Gas cylinders
August 24, 2023

NEITI to partner GIABA, private sector on beneficial ownership

NEITI reiterated the need to deploy, use and share beneficial ownership information and data.

Orji Ogbonnaya Orji and NEITI
August 23, 2023

NESG holds talks with CBN over Nigeria’s fiscal, economic stability

The meeting was centred around synergising towards ensuring Nigeria’s monetary and macroeconomic stability.

Nigerian Economic Summit Group (NESG) and Central Bank of Nigeria (CBN)
August 22, 2023

Treasury management registrar warns Tinubu against naira re-denomination, destabilising economy

Re-denomination may provide a temporary solution to the exchange rate fluctuation, said the CITM registrar.

Olumide Adedoyin, Naira, and President Bola Tinubu
July 31, 2023

We’ll spend N75 billion in eight months to strengthen manufacturing sector: Tinubu

According to him, the scheme would further drive financial inclusion by onboarding beneficiaries into the formal banking system.

President Bola Tinubu
July 20, 2023

Corn rises to N800 per mudu as subsidy removal pummels Nigerian economy

A market survey by Peoples Gazette on Thursday showed that in three weeks, Nigerians now purchase a mudu of corn at N800

Mudu of corn
July 18, 2023

Tinubu scraps $10 support for poor families; releases fertilisers, grains to 50 million Nigerian households, farmers instead

Mr Tinubu directed that the N8,000 conditional cash transfer programme envisaged to bring succour to the most vulnerable households be reviewed immediately.

President Bola Ahmed Tinubu
July 18, 2023

After plunging Nigerians into more hardship, Tinubu planning to rob poor to favour rich: NLC

NLC president Joe Ajaero described the proposed N8,000 palliative expected for the poor households as an insult and mockery to Nigerians.

President Bola Tinubu and NLC president, Joe Ajaero
July 3, 2023

Russia sets new record for grain exports despite sanction

Russia wrapped up its 2022-2023 agricultural year with an estimated record of 58-59 million tonnes of grain exports.

Grain shipping trade
June 22, 2023

Moghalu calls for economic reforms to cushion effect of forex, petrol subsidies removal

The former CBN chief lauded the removal of subsidies on Forex and petrol but tasked the government on reforms to cushion its effects on masses.

Kingsley Moghalu