Economy
Nigeria and Saudi Arabia Forge Strategic Energy Partnership with MoU
In a significant step towards enhancing collaboration in the energy sector, Nigeria and Saudi Arabia have inked a Memorandum of...
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China Grapples with Deflationary Threats as Consumer Prices Decline in October
China is facing heightened deflationary pressures as consumer prices experienced a notable decline of 0.2% on a year-on-year basis in...
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UK Economy Stalls in Q3 Amidst High Interest Rates and Inflationary Pressures
The United Kingdom's economic growth came to a standstill in the third quarter of 2023, facing the dual challenges of...
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France Commits $116 Million to Boost Digital and Creative Enterprises in Nigeria
Nigeria has inked a substantial $116 million financing agreement with the French Government to bolster the investment in the Digital...
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China-Nigeria Bilateral Trade Surges to $17.25 Billion in Q3, Reflecting Robust Economic Cooperation
The Consul-General of the People's Republic of China in Nigeria, Ms. Yan Yuging, has announced a significant upswing in the...
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$51bn foreign debt: FG rues dwindling revenue, Reps condemn needless loans, contracts
The Federal Government has described as worrisome the rise in public expenditure amid dwindling revenue accruals. The Accountant General of...
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NEITI Submits $74.386bn 12-year Subsidy Expenditure Report to Reps
The Nigeria Extractive Industries Transparency Initiative (NEITI) has presented a detailed report on the expenditure of $74.386 billion in fuel...
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National Bureau of Statistics Initiates Third Phase of National Strategy for Statistical Development
The National Bureau of Statistics (NBS) has commenced the formulation of the third phase of the National Strategy for the...
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Manufacturers raise alarm over multiple taxes in Nigeria
The Manufacturers Association of Nigeria (MAN) has raised the alarm over the burden of multiple taxes, being faced by its members,...
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Nigerian Government Pursues Private Sector Collaboration for Poverty Alleviation and Economic Growth
In a bid to enhance the economy and alleviate the suffering of the underprivileged population, the Nigerian federal government has...
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