Business
Nigeria Can Reduce Inflation To 5% In 2025 – Ayo Teriba
Renowned Economist, Ayo Teriba says 5% inflation rate can be achieved in Nigeria as soon as next year if proper policies are put in place
27 December 2024
Nigeria
Business
World Bank Approves $500 Million For Nigeria’s Rural Roads
The World Bank and Nigerian government propose a $600 million fund to improve rural roads, with 80% of Nigeria’s rural roads reportedly in deplorable condition.
17 December 2024
Breaking News
Nigeria’s Domestic Borrowing Exceeds Target Amid Economic Pressures
Nigeria’s Federal Government surpasses 2024 domestic borrowing target by N4 trillion, fueling inflation and economic risks.
16 December 2024
Business
Fintech Association of Nigeria Charged with Driving Innovation, Collaboration, and Financial Inclusion
Fintech Association of Nigeria has been urged to foster collaboration with the government, strengthen risk management and drive innovation
16 December 2024
Breaking News
Nigeria’s National Grid Collapse Suffers Another Collapse For The 12th Time
Nigeria’s national electricity grid suffers its 12th collapse of 2024, as stakeholders express concern over frequent disruptions
12 December 2024
Breaking News
Nigeria and France Partner to Address Mining Challenges with New MoU
Nigeria and France sign an MoU to tackle abandoned mining pits, promote sustainable mining, and enhance the critical minerals value chain.
2 December 2024
Business
Nigeria’s GDP Growth Hits 3.46% in Q3 2024
Nigeria’s GDP grew by 3.46% in Q3 2024, led by the services sector’s 5.19% growth. With oil sector been key economic drivers
26 November 2024
Breaking News
Nigeria’s Unemployment Rate Falls to 4.3% in Q2 2024
Nigeria’s unemployment rate declined to 4.3% in Q2 2024, reflecting improved labor conditions. Youth unemployment dropped to 6.5%
25 November 2024
Business
Nigeria’s External Debt Hits $42.9bn in Q2 2024 Amid Rising Naira Devaluation
Nigeria’s external debt reached $42.9bn in Q2 2024, rising +2% QoQ and reflecting the naira’s 13% depreciation.
16 November 2024
Breaking News
Nigerian Army Confronts New Terror Threat in Northwest
The Nigerian Army addresses a new terror threat from the Lakurawa group in Sokoto and Kebbi states as the Chief of Army Staff visits troops
10 November 2024
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