Debt Servicing: Nigeria Spends Over 50% of Revenue on Debt Nigeria’s rising debt remained a concern as more experts warn Africa’s largest economy of the danger...
Nigeria’s External Trade Hits N8.24trn in Q1 2019 Nigeria records a total trade value of N8.24 trillion in the first quarter of 2019, slightly below the...
FG, Discos Need $4.3bn to Improve Power Supply – TCN Power distribution companies require $4.3bn to recapitalise in order to effectively invest in their networks nationwide...
Power Sector Can Attract $30bn in Three Years – Chike-Obi A former Managing Director of the Assets Management Corporation of Nigeria has said the liberalisation of...
Africa Needs to Generate More Local Wealth — Benoit The Chief Executive Officer and Executive Director, FCMB Bank (UK) Limited, Mr James Benoit, has urged African...
Nigeria’s Trade Surplus Drops 4.8% in Q1 2019 Nigeria’s trade balance remained positive in the first quarter despite imports expanding faster than exports. Trade surplus moderated...
Egypt’s Inflation Rises to 14.1% in May Egypt, Africa’s third-largest economy, continues to struggle with rising consumer prices despite adopting IMF economic reform programme. Consumer Price...
Remove Petrol Subsidy, FSDH Advises FG There are more compelling reasons now than before for the Federal Government to remove the petroleum subsidy, and channel the...
Refineries Lose N231bn Under Buhari Amid Delayed Repairs The nation’s refineries suffered huge losses in the first four years of President Muhammadu Buhari’s administration as they...
Petroleum Products Consumption Increase as NNPC Makes N174.6bn The consumption of white petroleum products across the country increased by about 30 million litres within one month,...
