The World Bank Group has said COVID-19, the ongoing Ukraine war and rising global interest rates have pushed public debt in Nigeria and other low and...
Nigeria’s exports to the United States increased by $2 billion in 2021, according to the latest data from the African Growth and Opportunity Act (AGOA). Africa’s...
The persistent increase in global oil prices bolstered Nigeria’s foreign reserves in the last seven days, according to the data released by the Central Bank of...
The World Bank has said Nigeria’s rising inflation rate could push an additional one million people below the poverty line by the end of 2022. The...
The World Bank has said Rwanda will outgrow Nigeria, South Africa and all other African countries in 2022 despite the projected slow pace of growth when compared...
Rising oil prices to increase activities in Africa’s largest economy Nigeria and support economic growth at a 3.4% rate in 2022, down from the 3.6% estimated...
The Minister of Works and Housing, Babatunde Fashola (SAN), has stated that the Nigeria-Cameroon link bridge will be inaugurated this June. Speaking at the 16th inter-ministerial...
The United Republic of Tanzania says it will adopt the Nigerian method in growing and improving its mining sector. Tanzanian Deputy Minister for Minerals, Dr. Steven...
The Federal Government of Nigeria says it has directed the Niger Delta Development Commission (NDDC) to revoke unexecuted contracts awarded between 2000 and 2019. Director of...
The Central Bank of Nigeria (CBN) has said the value of Nigeria’s international trade deficit rose by 175.13 percent from $152.94m recorded in January 2022 to...