January 2022 Inflation Rate Witnesses a Marginal Drop

The fall in the monthly inflation rate seems to have resumed; this is following a drop in the headline inflation rate by 0.03 per ...



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Gross Domestic Product (GDP), Fourth Quarter, 2021

The recently released GDP for the fourth quarter of 2021 shows that the real GDP grew by 3.98 per cent in the fourth quarter, this...



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Value Added Tax (VAT) in Nigeria, Who Controls it?

Following the recent passage of a bill into law by the Rivers State government empowering the state to collect VAT from businesses...



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2021 Annual Inflation Rate Rises

The average annual inflation rate for the year which ended December, 2021 16.95 per cent in 2021. This is higher than 13.25 per ce...



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Economy Digest Report: Gross Domestic Product (GDP), Fourth Quarter, 2021

The recently released GDP for the fourth quarter of 2021 shows that the real GDP grew by 3.98 per cent in the fourth quarter, this...



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The Monetary Policy Outcome of November, 2021

The last monetary policy committee meeting of the Central Bank of Nigeria (CBN) has ended on the 23rd of November, with the commit...



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MTN Nigeria and Airtel Africa Plc Get Approval-in-Principle to Operate Payment S...

The Central Bank of Nigeria (CBN) has given approval-in-principle to two leading telecoms companies, MTN Nigeria and Airtel Africa...



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CBN Unveils New financial instrument titled, “The 100 for 100 PPP”

The Central Bank of Nigeria (CBN) has unveiled a Policy to Fund 100 Private Sector Companies Every 100 Days. This is a new financi...



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Omicron Variant of COVID-19, the Consequences of the Looming Lockdown

In the early months of 2020, the COVID-19 which started in China and spread to few countries in the world in 2019 caused most nati...



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Nigeria Unveils the Nigerian digital Currency, the eNaira

The apps for the Nigerian digital currency, eNaira speed and wallets have been made available by the Central Bank of Nigeria (CBN)...



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