African Development Bank Revises Economic forecast for Africa Downwards Amidst Global Economic Challenges
In the face of challenging global economic environment and multiple shocks, the African Development Bank has revised its short to ...
Tag: ECONOMY
Economist Bismarck Rewane Stresses Public Concerns Over Basic Commodities Amid Budget Presentation
Renowned economist Bismarck Rewane has underscored that Nigerians are more preoccupied with the prices of essential commodities, such as rice, ...
President Tinubu to Attend G20 ‘Compact with Africa’ Conference in Berlin
President Bola Tinubu is scheduled to depart Abuja for Berlin, Germany, to participate in the G20 Compact with Africa (CwA) ...
Senate President Says Russian-Ukraine War Putting Pressure on Nigeria’s Economy
Senate President Godswill Akpabio on Thursday said the Russian-Ukraine war was putting pressure on Nigeria's economy, and that the government ...
Nigeria Reveals Ambitious 2024 Budget Plans Amid Economic Challenges
Nigeria has unveiled its budget plans for the year 2024, earmarking an impressive 26.01 trillion naira (approximately $34 billion) for ...
FEC Approves $1.5 Billion World Bank Loan for Key Reforms
In a significant move to bolster its economic growth, Nigeria's cabinet has given the green light to a proposed $1.5 ...
Oil Marketers Allege Government’s False Claims of Fuel Subsidy Removal
Oil marketers in Nigeria have challenged the federal government's stance on the purported removal of oil subsidies, casting doubts on ...
Nigerian Naira Devalues Further, Hits N950/$1 Amid Forex Scarcity
In a concerning development for the Nigerian economy, the nation's currency, the Naira, has suffered another significant depreciation against the ...
China Denounces US Withdrawal from UNESCO as “Irresponsible” Action
China has sharply criticized the United States' decision to withdraw from UNESCO, describing the Trump administration's move as an irresponsible...
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