The International Monetary Fund (IMF) has raised concerns about Nigeria’s recent resurgence in fuel subsidy payments, indicating a potential reversal in the country’s subsidy removal policy....
The recent decision by the Central Bank of Nigeria (CBN) to increase customs duties by 48.5% has sent shockwaves through the manufacturing sector, raising concerns about...
The Enugu State Chapter of the Association of Table Water Producers (ATWAP) announced a temporary shutdown of water-producing factories due to soaring production costs. The decision...
In a recent interactive session with the House of Representatives, Nigeria’s Finance Minister, Wale Edun, expressed confidence in the current state of the nation’s economy, asserting...
Nigeria’s solid minerals sector is poised for a significant transformation following the revelation that investors have expressed keen interest in injecting $20 billion into the industry....
In the fiscal year 2024, only 11 out of Nigeria’s 36 states are projected to generate sufficient income to cover the salaries of their workers, according...
Nigeria was plunged into darkness as the national grid experienced a catastrophic collapse, leading to a drastic reduction in power generation to a mere 59.9 megawatts...
The Nigerian National Petroleum Company Limited (NNPC) has disclosed that the mechanical completion of the Warri Refining and Petrochemical Company (WRPC) is on track and expected...
In an effort to bolster economic recovery and maintain inflationary stability, the Bank of Ghana has reduced its benchmark interest rate to 29%, the first reduction...
The 2024 FGN Budget, titled “Budget of Renewed Hope,” was signed by President Bola Ahmed Tinubu on 02 January’24. There were a few revisions made. The...
