FTX founder Sam Bankman-Fried has been arrested in the Bahamas
December 13, 2022
Naira slump, loans push public debt to N121tn
June 21, 2024
The International Labour Organisation has warned that millions in Nigeria and other Sub-Saharan countries face the dire risk of high unemployment in 2023. The ILO expressed worry that the Russia-Ukraine ...
In December 2022, Nigeria recorded her highest oil production since April 2022, the latest Platts survey by S&P Global Commodity Insights has revealed. The country’s oil production has been faced ...
The Indian High Commissioner to Nigeria, Shri Balasubramanian, has disclosed that over 135 Indian companies have so far invested $19bn in Nigeria in the last four decades of diplomatic relations ...
The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as its primary reason. This was contained in the bank’s Global ...
The Nigerian Ports Authority has said that for Nigeria to benefit fully from the $3.4tn African Continental Free Trade Agreement, the country needs to reduce the local cost of doing ...
The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in 2022 is insufficient to ...
The World Bank has said that it would cost Nigeria N3.7tn to eliminate poverty, which has been on the rise in the country. The financial institution stated this in its ...
In recent months, inflation, interest rates, public debt, and current account deficits have contributed to Nigeria's economic downturn. In October 2022, Nigeria's inflation rate increased to 21.09 percent, up from ...
Nigerians will not be able to continue farming activities on about 25 per cent of farmlands due to the effects of climate change, the United Kingdom has said. It also ...
An analyst at EFG Hermes Research has disclosed that Nigeria and Kenya are missing from the $150million frontier markets inflow in the last three weeks over the scarcity of foreign ...