Britain’s unemployment rate fell unexpectedly to 4.7 per cent in the three months to the end of August, according to official data released on Tuesday, offering a potential boost to
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The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained that improving economic conditions and the need to fix weaknesses in monetary policy transmission informed the apex
The International Monetary Fund (IMF) has warned that rising food prices could push more Nigerians into poverty and worsen food insecurity despite projected economic growth of 4.2 per cent. The
Personal loans in Nigeria have risen to an estimated N2.06 trillion, as consumer borrowing continues to increase amid financial pressure on households. The figure is contained in the Central Bank
Former Vice-President and African Democratic Congress presidential candidate, Atiku Abubakar, has challenged President Bola Tinubu’s declaration that Nigeria has entered an “age of prosperity,” arguing that economic growth has yet
The Central Bank of Nigeria (CBN) has cut the benchmark Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, marking a significant shift in the country’s monetary
Media personality Nedu Wazobia has expressed concern over the rising cost of living in Nigeria, saying survival has become a daily struggle for many citizens. In a recent video, Nedu
A global sell-off in government bonds intensified on Tuesday, pushing borrowing costs sharply higher and sending equity markets lower as investors worried that rising energy prices could force central banks
Global oil prices climbed on Friday as fresh concerns over the security of the Strait of Hormuz revived fears of supply disruptions, while stock markets mostly weakened amid renewed inflation
Nigerian businesses are optimistic that borrowing costs could begin to decline over the next three months, even as bank loan interest rates remain high, according to the latest Business Expectations
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