World Bank Group has said that global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction....
President Muhammadu Buhari will on Friday present the 2023 budget estimates to the joint session of the National Assembly by 10 am. This is contained in...
The 2nd African Sub-Sovereign Governments Network (AfSNET) Conference jointly convened by the Nigeria Governors’ Forum (NGF) and the African Export-Import Bank (Afreximbank), under the theme “African...
The World Bank said it has approved a $750 million credit line for Nigeria to help the country’s 36 states push through reforms to attract investment...
International Monetary Fund, IMF in a blog post said that “an unprecedented 345 million people’s lives and livelihood are in immediate danger from acute food insecurity....
By David Malpass Being speech by World Bank Group President before the 2022 Annual Meetings at the Stanford Institute for Economic Policy Research (SIEPR) It is...
Germany’s annual rate of inflation accelerated again in September, beating forecasts and posting the highest reading since December 1951, according to preliminary data released by German...
African Export-Import Bank (Afreximbank) said it has launched its Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade...
National Bureau of Statistics has said that Nigeria’s crude oil export rose to a record N11.53 trillion in the first half of 2022, an 88.5% rise...
The Federal Competition and Consumer Protection Commission (FCCPC) says it has recorded significant reduction in the number of consumer complaints regarding illegal digital money lending activities....
The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), has expressed confidence in the commitment of 36 states and the Federal Capital Territory to utilise the...
By Agustin Carsten, Jon Frost and Hyun Song Shin When people or companies make a payment, they are trusting in two things: the money itself and...
Senate has set in motion machinery to regulate and formalise employment in the informal sector of the Nigerian economy. This include mode of employment of domestic...
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance...
Central Bank of Nigeria Monetary Policy Committee has raised the base interest rate, Monetary Policy Rate from 14 per cent to 15.5 per cent to help...