Nigeria’s Debt Management Office, DMO, will be raising a targeted sum of N450 billion from the primary market auction (PMA) today as…
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Economy
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African heads of state, business leaders, and development partners will converge in Dar es Salaam, Tanzania, for the Mission 300 Africa Energy…
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Economy
CBN governor announces new compliance department, projects 4.17% GDP, as NESG project 5.5% growth
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has announced plans to establish a compliance department. Mr Cardoso announced the plan during…
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Chief executive officer(CEO), African Heritage Foundation, Amb. Tunde Adetunji has said that the nation’s economic recovery and emancipation lies on strong patriotism…
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Nigeria’s Value Added Tax (VAT) revenue for Q3 2024 hits N1,782,345,123,638.40 in the third quarter of 2024. This is according to the…
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The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump’s tariff threats would…
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The Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected…
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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…