The Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected…
Economy
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Economy
Nigeria’s wealth gap has reached crisis levels, assets of four hit $23.7bn, 133m others face hunger—Oxfam
A new report published by Oxfam ‘Takers Not Makers’, said that four Nigerian billionaires’ wealth amount to $23.7 billion, but that over…
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The National Bureau of Statistics (NBS) has said that it is set to launch the Rebased Consumer Price Index (CPI) report as…
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By Olasupo Olusi Introduction In Nigeria’s bustling markets and commercial districts, millions of business owners share a common struggle: accessing tailored financing…
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International Monetary Fund IMF has projected that global economic growth at 3.3 per cent. It said “We project global growth will remain…
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World Bank Group has said that developing economies, which fuel 60 percent of global growth, are projected to finish the first quarter…
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Economy
AFC successfully priced inaugural hybrid bond raising $500m for transformative infrastructure projects
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully priced a $500 million perpetual hybrid bond. This landmark transaction,…
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Nigeria’s headline inflation rose by 20 basis points to 34.80% year on year in December, from 34.60% in November due to unstable…
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The Nigeria Customs Service (NCS) exceeded its 2024 revenue target of ₦5.1 trillion by 20.2 per cent, its comptroller-general, Adewale Adeniyi, said…
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The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed an agreement to eliminate regulatory gaps…
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Economy
Rebasing could push Nigeria’s economy toward $1trn GDP threshold, lower inflation targets —Analysts
Nigeria rebasing the nation’s gross domestic products (GDP) and consumer price index, CPI that measures headline inflation is expected to revalues the…
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OpenAI’s has allowed users to create customized versions of its GPT technology that violate the company’s own policies. The World Economic Forum…
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National Bureau of Statistics has said that it will at the end of January 2025 released the rebased Nigeria Gross Domestic Product…
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Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria’s…
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Economy
78m new job opportunities to exist by 2030, urgent ups killing needed to prepare the work force—WEF
World Economic Forum has said that job disruption will equate to 22 per cent of jobs by 2030, with 170 million new…