The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism about Nigeria’s inflation trajectory for 2025, asserting that the...
First City Monument Bank (FCMB) has committed $35 million to support agriculture and women-led businesses. On January 20, 2025, the bank signed three significant agreements with...
The International Monetary Fund has warned that undisclosed public debt, estimated at $1 trillion globally, poses a growing threat to economic growth in low-income nations already...
Stakeholders have raised concerns about Nigeria’s manufacturing sector, which plays a crucial role in the country’s economic growth and diversification. They highlight deep-rooted challenges that demand...
The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments from Ways and Means advances, raising serious concerns...
The World Bank has disbursed a $1.5 billion loan to Nigeria under the Reforms for Economic Stabilisation to Enable Transformation (RESET) Development Policy Financing initiative. The...
Abuja – The Central Bank of Nigeria (CBN) has attributed a significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure...
The United Arab Emirates (UAE) has emerged as the largest investor in new business projects in Africa, committing $110 billion between 2019 and 2023. This investment...
Flour Mills of Nigeria Plc (FMN), a leading food and agro-allied company in Nigeria, has announced the relaunch of Honeywell, one of Nigeria’s most beloved brands....
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has announced the transfer of regulatory oversight of Lagos State’s electricity market to the newly established...