The management of Dangote Cement’s Ibese Plant has reaffirmed its commitment to advancing its local content policy, aiming to stimulate the economies…
Category:
Economy
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A group in Northern Nigeria under the auspices of Coalition of Northern Groups, CNG, has berated Transmission Company of Nigeria, TCN, and…
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Bayelsa State government has declared N135.446 billion as balance of funds in its coffers as at the end of August 2024. The…
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International Monetary Fund IMF has projected Sub-Saharan Africa’s economic growth to remain subdued at 3.6 per cent in 2024, unchanged from 2023,…
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President of the African Development Bank, Dr. Akinwumi Adesina has called for bold reforms from development partners to tackle climate change, global…
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Economy
Phase out old Naira notes, circulate redesigned ones before Jan 2025 court deadline, Reps tell CBN
House of Representatives has urged the Central Bank of Nigeria to adequately circulate the redesigned N200, N500, and N1,000 banknotes, and phase…
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The World Bank Group said it has taken the first steps toward implementing Gender Strategy 2030, announcing a set of actions and…
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The African Caucus and the International Monetary Fund have reaffirmed their commitment to strengthening the continent’s economic resilience. This was noted in…
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Economy
IMF warns of longer inflation struggle for Nigeria, other African, countries, Middle East , lowered global growth to 3.2%
International Monetary Fund chief economist Pierre-Olivier Gourinc has said that “progress in quelling inflation is more pronounced for advanced economies such as…
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Economy
Afreximbank to double Creative Africa Nexus funding to $2bn to boost Africa’s creative economy
President and Chairman of the Board of Directors of Afreximbank Professor Benedict Oramah, has announced that Afreximbank will increase its funding to…
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Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to developing the next generation of leaders in…
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The Federation Account Allocation Committee (FAAC) has shared N1.298 trillion among federal, states and local governments from the federal revenue receipts in…
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Federal Government says it is putting sustainable mechanisms in place to build a $1 trillion economy by 2030 through financial inclusion. Sen.…
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World Bank’s lead economist for Nigeria, Alex Sienaert, has said that the recent increase in Nigeria’s minimum wage will only benefit a…
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World Bank has said that Nigeria is beginning to reap the benefits of significant policy reforms following a near fiscal crisis in…