Economy
FG Blames Forex Scarcity on low export earnings, Plans Further Economic Diversification
In response to the persistent foreign exchange scarcity in the Country, the Federal Government has attributed the issue to the...
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Nigeria’s Inflation Hits 27.33% in October, Prompting Urgent Calls for Economic Reforms
The Lagos State Chamber of Commerce and Industry (LCCI) has stressed the need for the Federal government to address challenges...
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Manufacturers Association of Nigeria Urges CBN to Reconsider Price Verification Portal
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reconsider its recently introduced...
Read moreFG Faces Potential N183 Billion Loss from 25 Unsuccessful Concessions
The Federal Government is at risk of losing investments totaling N183.3 billion as a result of failed contractual agreements involving...
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Nigeria Extractive Industries Transparency Initiative (NEITI) Reports N14.4 Trillion Revenue from Extractive Sector
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that revenue-generating agencies of the Federal government remitted a total of...
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Bank of Industry (BOI) Secures €100 Million from French Development Agency (AFD) to Boost Green Finance in Nigeria
The Bank of Industry (BOI) has successfully secured a credit line of €100 million from the French Development Agency (AFD)...
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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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