The Group of 20 major economies should team up with the International Monetary Fund and others to launch a new debt refinancing…
Category:
Economy
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African Development Bank on Friday roll-out a new initiative, the Africa-Asia Platform, dedicated to the promotion of knowledge transfer between Africa and…
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Nigeria’s inflation rate has dropped further to 16.05 % in October from 18.02% in September. The inflation rate has been dropping steadily…
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Many Nigerians have continued to raise concerns over the federal government’s borrowing spree despite claims that revenue generation has increased. The National…
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Governor Douye Diri of Bayelsa State, has presented the state’s 2026 appropriation bill of N998bn to the House of Assembly. The proposal…
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Insecurity and erratic power supply have again emerged as the most critical obstacles facing Nigerian businesses, according to the Business Expectations Survey…
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In a bid to tackle food insecurity and enhance livestock productivity, the Economic Community of West African States (ECOWAS) has reaffirmed its…
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Federal Government has inaugurated an Inter-Ministerial Committee on the Ban of Single-Use Plastics SUPs, in what it described as a major stride…
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Economy
Nigeria’s manufacturing, trade boom as business confidence rises in October, business performance index climbs to 111.3 points
Nigeria’s manufacturing and trade sectors posted strong momentum in October 2025, showing a surge in business sentiment and activity across key industries.…
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Lagos State Governor Babajide Sanwo-Olu has has urge Nigeria and Africa Private sector operator to recognize that the African Continental Free Trade…
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Economy
NASS approves $2.85bn foreign borrowing plan, Tinubu digging economic hole for Nigerians by borrowing more—Emir Sanusi
Nigeria National Assembly on Wednesday approved President Bola Tinubu’s request to borrow $2.85 billion from international debt markets, including the country’s first-ever…
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On the outskirts of Addis Ababa, 30-year-old Behailu Seboka, founder of Askema Engineering, manufactures brake pads from discarded slaughterhouse materials. What began…
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Minister of Solid Minerals Development, Dr Dele Alake, has said Chinese companies invested $1.3billion in Lithium processing in Nigeria. Mr Alake stated…
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Debt Management Office (DMO) will conduct its monthly Federal Government Bond (FGN) auction on Monday with two reopening instruments with 5- and…
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FirstBank said that it has successful integrated the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT…