Sub-Saharan Africa is set to emerge from the 2020 recession sparked by the COVID-19 pandemic with growth expected to expand by 3.3 percent in 2021. This...
Nigerians consumed 1.74 billion litres of petrol in the month of August, according to the Petroleum Products Pricing Regulatory Agency on Monday. It said an analysis...
Nigeria’s rising debt profile has continued to gulp more revenue despite efforts to rein in leakages and up revenue generation. In the first half of 2021,...
The World Bank Group’s Board of Executive Directors on September 23, 2021 discussed the new 2022-2026 Country Partnership Framework (CPF) for Djibouti, which supports the country’s goal of...
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown. From...
The Senate Committee on Local Content has said the $5.792 billion Mambila Hydro-Electric Power Project is set for take-off following the successful resolution of financial and...
The World Bank has declared as “effective“ President Muhammadu Buhari regime’s $750-million COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme. Aso Vakporaye, the Federal CARES Technical...
Gas station pumps ran dry in major British cities on Monday and vendors rationed sales as a shortage of truckers strained supply chains to breaking point...
Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing without the costs of transitioning from fossil fuel-based factories, McKinsey & Co. said....
“The world has the resources to end hunger,” African Development Bank President Dr. Akinwumi A. Adesina said in a message on the first day of the United...