Nigeria Bureau of Statistics has said that food inflation rate in July 2024 was 39.53 per cent on a year-on-year basis, 12.55…
Category:
Economy
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Economy
Afreximbank signs project preparation facility agreement to support development of Veenocks porcelain tiles plant in Nigeria
African Export-Import Bank has signed a project preparation facility agreement with Veenocks Limited for the financing of the development of Veenocks’ porcelain…
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The Nigerian government has accused a Chinese company of mounting a campaign to seize its assets overseas, including presidential jets, a government…
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The Comptroller-General, Nigeria Customs Service, Bashir Adeniyi, has pledged to further facilitate exportation of made-in-Nigeria products as part of the service’s ongoing…
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Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and…
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Economy
Inflation: FCCPC to engage market leaders, others to checkmate exploitative practices in market place
Federal Competition and Consumer Protection Commission (FCCPC) has said that in the pursuit of its mandate that it will in the coming…
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The Economic Commission for Africa (ECA) has restated its commitment to leveraging innovation and technology for sustainable development. The deputy executive secretary…
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Economy
AFC further diversifies shareholders base with new equity from Democratic Republic of Congo’s Rawbank
Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank,…
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RMB has named Seychelles, Mauritius, Egypt, South Africa, and Morocco as the top five investment destination in Africa. The report said “the results…
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Economy
Tinubu’s speech fall short of addressing core demands of protesters, critical issues missing in speech—CISLAC/NADECO
Non Profit Organisations have raised issues of concern in the President address to the nation. It his own reaction Country Director, ActionAid…
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President Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy…
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Economy
Afreximbank’s African Quality Assurance Centre receives international accreditation from SANAS
African Export-Import Bank’s (Afreximbank) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has…
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More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in…
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The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4. The deal, signed on…
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The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of…