The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel uncertainty and…
Category:
Economy
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Economy
Tinubu seeks another N40trn external loans as Nigeria’s revenue crashes amidst investors’ exodus
Tinubu seeks another N40trn foreign loans as Nigeria’s revenue crashes amidst investors’ exodus President Bola Tinubu has written to the National Assembly…
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Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook…
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The rising demand for gold and critical minerals is fuelling crimes, corruption, and instability in Africa, the UN Office on Drugs and…
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Economy
AfDB President Adesina warns of economic shockwaves from U. S. tariffs, calls for strategic global engagement
As the United States imposes higher tariffs with global ramifications, African Development Bank Group President Dr. Akinwumi Adesina has warned that these…
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Economy
Raw Material Deve. Council urges African countries to prioritise industrialisation over raw material extraction
The Raw Materials Research and Development Council has called on African countries to prioritise industrialisation over raw material extraction to address the…
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World Bank said on Monday that Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong…
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To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of $30billion annually in petroleum import costs…
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Governor Central Bank of Nigeria (CBN), Olayemi Cardoso has admitted that the government acknowledged the impact of inflationary pressures on the country.…
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Director-general (D-G) of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, stated that Africa would be minimally impacted by the tariffs imposed by…
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International Monetary Fund, Africa Director Abebe Aemro Selassie has said that Sub-Saharan African economies should work to increase their domestic revenue collection…
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The Federal Government Staff Housing Loans Board says it has begun compiling the list of retired civil servants who have defaulted on the…
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Economy
WBG launches next phase of private sector investment Lab with Aliko Dangote as member, focus job creation
The World Bank Group launched the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale. This…
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The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of…
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Comptroller General of Nigeria Custom Service has set up Bashir Adeniyi Centre for International Trade and Investment. The centre is a trade…