The global economic recovery from the recession created by the Covid-19 pandemic will probably take at least five years, according to the chief economist…
Economy
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United States America has disclosed that it will reconsidered its ban on some categories of Migrant Visas on Nigeria. Amb. Mustapha Sulaiman,…
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BusinessEconomyNews
The Africa Foresight Group partners German development finance Institution, launch African hidden champions businesses 2020
Africa Foresight Group (AFG) in partnership with the German development finance Institution DEG has launched the African Hidden Champions businesses for 2020…
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Despite the seeming delay in resolving the concerns of Nigerian traders regarding some stiff business regulation imposed by Ghanaian authorities, the Federal…
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The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human…
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AgricultureEconomyFinanceNews
CBN urges banks to lift loans to agriculture to 10%, sets to establish infrastructure coy
Nigeria needs to more than double the proportion of bank loans it makes to the agricultural sector to 10% within the next…
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Annual inflation in Nigeria rose in August for the 12th month in a row, reaching a more-than two-year high, as the coronavirus…
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A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks to address…
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Operations of Arik Air were shut down by the aviation unions over alleged non payment of staff salaries since April after placing 90 per…
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BusinessEconomyFinanceNews
Afreximbank, ITFC partner ARSO to Facilitate Intra-African Trade in pharmaceuticals, medical devices, under AATB Program
The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO),…
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Chinese government is not advancing a debt-trap diplomacy to enslave Africa and middle-income countries, Shahar Hameiri, an Associate Professor, School of Political…
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BusinessEconomyNews
Use AfCFTA as template for trade negotiation with rest of the world Osinbajo urges Africa
As African countries brace up for the effective implementation of the Africa Continental Free Trade Area (AfCFTA) agreement, one of the many…
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African Export-Import Bank (Afreximbank) has disbursed US$200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The…
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BusinessEconomyNews
PAFTRAC calls for wide range reforms in WTO, Africa’s global share of trade fallen from 4.4% in 1970 to 2.5%
Pan-African Private Sector Trade and Investment Committee (PAFTRAC) and hosted by the Afreximbank, has urged the World Trade Organisation WTO, to undertake…
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Nigeria’s Total Public Debt Stock stood at N31.009 trillion as of June 30, 2020. This fact is contained in a press release…