A top U.S. Treasury official on Thursday will call for decisive, coordinated action by official bilateral creditors to address the worsening financial…
Economy
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Suspended Minister of Humanitarian Affairs, Betta Edu sues BBC over report linking her to the recovery of N30 billion by the Economic…
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The 15th World Economic Forum Annual Meeting of the New Champions will take place 25-27 June 2024 in Dalian, People’s Republic of…
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EconomyNews
African economies projected to grow by 3.4 % in 2024, faster more equitable growth needed to reduce poverty—WBG
World Bank Group has said that increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the…
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International Monetary Fund has said in Blog post that private credit market, in which specialised non-bank financial institutions such as investment funds…
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Federal Competition and Consumer Protection Commission (FCCPC) at the weekend expressed delight over the decision of the Nigerian Electricity Regulatory Commission (NERC)…
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As Nigerians react over electricity tariff hike, ActionAid Nigeria, AAN, Friday, hailed the Nigerian Electricity Regulatory Commission, NERC, over slamming the Abuja…
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Minister of Solid Minerals has said that government step at securing mining sites has caused illegal miners to flee from such sites.…
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Minister of Steel Development, Prince Shuaibu Audu, has denied allegations over refusal to dissolve the Board of National Steel Council, NSC, as…
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Lagos Chamber of Commerce & Industry (LCCI) has expressed grave concerns over the rising cost of doing business in Nigeria occasioned by…
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Nigeria Customs Service (NCS), said in the first quarter of 2024, it collected a total revenue of N1,347,675,608,972.75. Comptroller General of NCS,…
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EconomyNews
NERC raises electricity tariff for customer having 20 hours power supply, electricity subsidy spending to crash by 52% on new tariff hike
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification. Musliu Oseni,…
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No fewer than 15 universities in the United Kingdom have announced plans to sack some workers and even stop running some courses…
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Women Miners in Africa, IWoMA, has launched facility for women miners with access to loans and grants to upscale their productivity. The…
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The Economic Community of West African States (ECOWAS) has sounded the alarm over the dismal state of electricity access in rural areas…