Nigeria has been grappling with a foreign exchange crisis but recent data offers a glimmer of hope, indicating a positive shift in the country’s economic outlook....
With $20.1 billion in remittances in 2021, Nigeria was the second-highest recipient in Africa, trailing only Egypt ($28.3 billion). Although Egypt and Nigeria received over half...
President Putin affirms Russia's commitment to Africa's development and self-determination, promising continued support and humanitarian aid, including record grain supplies amidst global challenges.
Seamless North Africa 2023 witnesses the historic signing of a Memorandum of Understanding (MOU) between the Central Bank of Nigeria (CBN) and the Central Bank of...
GDP growth to reach 7% in 2023 as WAEMU nations bounce back from the shock of Russian invasion, says President Mohamed Bazoum
The World Bank has issued a warning that over 7 million additional Nigerians could fall into poverty, pushing the total figure perilously close to the alarming...
Nigeria's Thriving Business Sectors Embrace Technological Advancements
President Bola Ahmed Tinubu on Thursday will inaugurate National Economic Council to strengthen economic sentiment and further deepen growth.
The Organisation of the Petroleum Exporting Countries (OPEC) has stated that Nigeria's economy, despite facing hurdles in the first half of the year, shows signs of...
Government aims to harness economic potential of digital assets while ensuring regulatory oversight