The African Development Bank (AfDB) said on Friday that although the continent’s economic growth dropped to 3.2 percent last year from 4.1 percent in 2022, it...
According to the International Monetary Fund, Senegal may be in a better position than some nations to handle investors’ concerns, despite the recent case of political...
Nigerian government has rejected the option of the importation of food as part of strategies to address the high cost of foodstuffs and the economic hardship...
Due to the country’s currency falling (Naira) to record lows and skyrocketing food prices, Nigeria’s inflation rate surged further in January to hit 29.90% annually. ...
According to trading sources cited by Reuters, the Dangote Petroleum Refinery has released tenders for the sale of two fuel cargoes for export, the first from...
The International Monetary Fund (IMF) has alleged that the Nigerian government has resumed payment of subsidies on premium motor spirit (PMS), otherwise known as petrol, despite...
The International Monetary Fund (IMF) has cautioned that Nigeria’s foreign reserves could collapse to $24 billion in 2024 in its most recent country report, which shows...
According to the International Monetary Fund (IMF), Nigeria’s chronic cost of living crisis has been made worse by stagnant per capita growth, extreme poverty, and elevated...
Lagos State, Nigeria’s commercial capital, is set to launch ‘Lagos Market Trader Money,’ a N750 million financial intervention aimed at supporting 15,000 beneficiaries. At a hygiene...
The International Air Transport Association, a trade group representing international airlines and headquartered in Geneva, has voiced concerns about the possibility that foreign airlines doing business...