Nigerian Economy Latest News Today

Femi Gbajabiamila said it was because of the agitation that the southeast region would not benefit from the loan that the House stepped down its consideration.

According to the National Bureau of Statistics (NBS), inflation rates increased to 12.20% in February 2020, which is regarded as the highest in about 21 months.

The federal government on Monday, March 16, revealed the number of jobs it has created in a period of six months through the ministry of science and technology.

Governor Ifeanyi Okowa of Delta state has called on the federal government to release the outstanding 13% derivation fund due to Niger Delta states immediately.

Governor Okowa warned that unless urgent steps were taken to check the effects of the viral disease, many states in the country may not be able to pay salaries

The Nigerian economy may be facing another critical episode following the drastic fall of the oil price in the international market to as low as $35 per barrel.