National Bureau of Statistics has said that Nigeria’s headline inflation rate nudged higher to 33.2% y/y in March 2024 from 31.7% y/y…
Economy
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Nigeria has recorded its fifth power system collapse in 2024, thus throwing many parts of the nation into darkness. Already, many Electricity…
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EconomyFinanceNews
World Bank sounds alarm on ‘historical reversal’ of development for poorest nations
World Bank has said in a report that half of the world’s 75 poorest countries are experiencing a widening income gap with…
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The Executive Board of the International Monetary Fund (IMF) said it has selected Kristalina Georgieva to serve as IMF Managing Director for…
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A bipartisan group of senators will introduce a bill to renew the United States’ trade pact with sub-Saharan Africa ahead of its…
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A top U.S. Treasury official on Thursday will call for decisive, coordinated action by official bilateral creditors to address the worsening financial…
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Suspended Minister of Humanitarian Affairs, Betta Edu sues BBC over report linking her to the recovery of N30 billion by the Economic…
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The 15th World Economic Forum Annual Meeting of the New Champions will take place 25-27 June 2024 in Dalian, People’s Republic of…
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EconomyNews
African economies projected to grow by 3.4 % in 2024, faster more equitable growth needed to reduce poverty—WBG
World Bank Group has said that increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the…
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International Monetary Fund has said in Blog post that private credit market, in which specialised non-bank financial institutions such as investment funds…
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Federal Competition and Consumer Protection Commission (FCCPC) at the weekend expressed delight over the decision of the Nigerian Electricity Regulatory Commission (NERC)…
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As Nigerians react over electricity tariff hike, ActionAid Nigeria, AAN, Friday, hailed the Nigerian Electricity Regulatory Commission, NERC, over slamming the Abuja…
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Minister of Solid Minerals has said that government step at securing mining sites has caused illegal miners to flee from such sites.…
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Minister of Steel Development, Prince Shuaibu Audu, has denied allegations over refusal to dissolve the Board of National Steel Council, NSC, as…
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Lagos Chamber of Commerce & Industry (LCCI) has expressed grave concerns over the rising cost of doing business in Nigeria occasioned by…