To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of $30billion annually in petroleum import costs…
Category:
Economy
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Governor Central Bank of Nigeria (CBN), Olayemi Cardoso has admitted that the government acknowledged the impact of inflationary pressures on the country.…
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Director-general (D-G) of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, stated that Africa would be minimally impacted by the tariffs imposed by…
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International Monetary Fund, Africa Director Abebe Aemro Selassie has said that Sub-Saharan African economies should work to increase their domestic revenue collection…
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The Federal Government Staff Housing Loans Board says it has begun compiling the list of retired civil servants who have defaulted on the…
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Economy
WBG launches next phase of private sector investment Lab with Aliko Dangote as member, focus job creation
The World Bank Group launched the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale. This…
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The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of…
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Comptroller General of Nigeria Custom Service has set up Bashir Adeniyi Centre for International Trade and Investment. The centre is a trade…
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Economy
U.S. dollar’s role as the de facto global reserve currency is looking increasingly uncertain
The dollar’s safe-haven and reserve status may be in jeopardy after Trump’s April 2 tariffs. Volatility that gripped global markets over the…
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Nigeria, other Africa’s real Gross Domestic Product (GDP) is projected to grow by 4.0 per cent in 2025, despite current global economic…
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The director-general of the National Pension Commission, Omolola Oloworaran, says the N5.51 trillion pension investment will boost the country’s real sector development.…
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Minister of Education, Dr Tunji Alausa, has said the federal government will soon launch a N300 billion Graduate Entrepreneurship Fund to assist…
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Outgoing German Economy Minister Robert Habeck criticised U.S. President Donald Trump’s tariff policy on Monday, calling the idea behind it as “fundamentally…
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Building on the immense success of its first edition, Ecobank Nigeria is set to host the second edition of its vibrant pop-up…
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Global demand for rare earth elements is projected to increase four-fold by 2030, driven by the energy transition and increasing investments in industrialization.…