EU Awards €300,000 to Eurocham for Advocacy in Nigeria
A three-year grant of €300,000 has been announced by the European Union to improve lobbying, develop the secretariat of the European Chamber of Commerce...
World Bank, IMF Recommend Coordinated Inflation Control in Nigeria
The Central Bank of Nigeria (CBN) has been urged by the World Bank and the International Monetary Fund (IMF) to continue its unwavering approach...
Fuel Prices Poised to Fall with Global Oil Decline
According to sources, premium motor spirit prices in Nigeria may decline as a result of the decline in oil prices globally.
This comes after the...
Nigeria’s Economy Doesn’t Need IMF Loans: Wale Edun
In Lagos, Nume Ekeghe and Esther Oluku, and in Abuja, Emmanuel Addeh and James Emejo
Wale Edun, the country's minister of finance and coordination minister...
Each Nigerian owes over N656,000 as public debt rises to N142.3trn
According to data released by the Debt Management Office (DMO), Nigeria's public debt profile increased from N134.3 trillion in June 2024 to N142.32 trillion...
FRC: No Hyperinflation in Nigeria’s Economic Landscape
Nigeria, according to the Financial Reporting Council (FRC), does not meet current criteria for being classified as a hyperinflationary economy.
Local businesses will not use...
WEF: Shettima and African Leaders Urge Full Implementation of AfCFTA
AfCFTA aims to increase the continent's GDP to $29 trillion by 2050, and vice president Kashim Shettima has joined other world leaders in advocating...
Transgrid Enerco Announces Strategic Move to Acquire Eko DisCo
By signing a Share Purchase Agreement (SPA), Transgrid Enerco Limited has acquired a 60% equity position in Eko Electricity Distribution Company (Eko DisCo), marking...
Fuel Price Soars: NNPCL Sets Petrol at N990 in Abuja, N960 in Lagos
The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of gasoline at the pump in the Federal Capital Territory from N965 to...
CBN Sees 4.17% GDP Growth in 2025, Asserts Reforms Are Working
According to the Central Bank of Nigeria (CBN), the nation's GDP will expand by 4.17 percent, up from 3.36 percent in 2024.Schemes for small...
