Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and…
Economy
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Aviation workers’ unions will embark on a two-day warning strike from Monday over alleged failure to implement the conditions of service agreement…
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Economic and Financial Crimes (EFCC) has arrested 11 suspected internet fraudsters in Jere and Maiduguri Local Government Areas of Borno. Its spokesperson,…
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The Nigeria Sovereign Wealth Investment Authority, NSIA, created 560, 300 jobs and grew its assets to over N1trillion mark between 2013 and…
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The Nigerian Export Promotion Council (NEPC) said in Abuja, that the Federal Government is committed to increasing cashew export earnings from $252…
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The IMF’s managing director on Wednesday called on the international community to support the world’s poorest countries by helping to close a…
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The Federal Competition & Consumer Protection Commission (“Commission”) and other collaborators on the Joint Regulatory & Enforcement Taskforce, (CBN, ICPC, NITDA, EFCC,…
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International Monetary Fund in its April 2023 economic out look has projected that Nigeria economy will which had a growth figure of…
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BusinessEconomyNews
IMF, COP28, UN say climate change need a major shift to harness public, private financing
At the ongoing International Monetary Fund/World Bank Group Spring Meetings, Kristalina Georgieva, Managing Director of the International Monetary Fund, Dr. Sultan Al…
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The Road Transport Employers Association of Nigeria (RTEAN), in partnership with Wema Bank and Digix Technologies, has unveiled a cashless payment application…
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Arik Air management has barred Arumemi-Ikhide Chairman of the airline from gaining access to the airline premises. The management in apparent defiance…
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BusinessEconomyNews
Afreximbank, ECA sign agreement to establish special economic zones for the production of Battery Electric Vehicles in DRC and Zambia
African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a Framework Agreement with the Democratic Republic of…
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FCT Area Council aggrieved consultants have issued seven days ultimatum to Federal Capital Territory, FCT, Area Council Service Commission, over alleged unpaid…
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EconomyFinanceNews
Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana at IMF/WBG Spring Meetings
U.S. Treasury Secretary Janet Yellen will push this week, at the IMF/World Bank Group Spring Meetings, for urgent resolution of requests by…
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BusinessEconomyNews
Buhari approves 7 airlines to airlift pilgrims to Mecca, zones 2023 hajj fares into 8
President Muhammadu Buhari has approved seven airlines that the the National Hajj Commission of Nigeria (NAHCON) will operate with this year. According…