Category: Economy

BOI, IFC partner to fund industrial sector

BOI, IFC partner to fund industrial sector A stakeholder conference will be held by the Bank of...

EU invests €3bn, generates 160,000 jobs in Nigeria yearly – Ambassador

The European Union Council is reaffirming its commitment to a strong collaboration with the Nigerian...

Gombe to launch N30bn green bond

Gombe State intends to sell N30 billion in green bonds to fund various infrastructural projects,...

EFCC investigating Sirika’s Nigerian Air deal – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has disclosed that the Economic and Financial...

Senate summons CBN governor over naira decline

The Senate, through its Committee on Banking, Insurance, and other Financial Institutions, called upon Central...

CBN moves to curb FX circulation, naira hoarding

The Central Bank of Nigeria has issued a circular aimed at addressing suspected cases of...

IMF lowers 2024 growth projections for Nigeria

The International Monetary Fund reduced its October prediction of 3.1% for Nigeria’s GDP growth in...

Naira drops to all-time low on official window, trades at 1348/$

The naira hit an all-time low of N1348.63 per dollar on the Nigerian Autonomous Foreign...

W’Bank predicts 3.7% growth for Nigeria’s economy in 2025

The World Bank’s recent report, “Global Economic Prospect: Subdued Growth, Multiple Challenges,” estimated that Africa’s...

Inflation’ll drop to 21.4% in 2024 – CBN gov

The Governor of the Central Bank of Nigeria anticipates that headline inflation will decrease to...

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira...

Seven currencies greater than the US dollar

One of the most valued currencies in the world, the US dollar is the preferred...

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