National Bureau of Statistics NBS, says Nigeria’s Gross Domestic Product (GDP) grew by 3.13% on a year-on-year basis in real terms in the first quarter of...
World Bank Group has said that the number of adults using accounts to save in Nigeria and other developing countries has risen at fastest clip in...
Nigeria’s headline inflation rate fell for the third straight month in June, to 22.22% year-on-year from 22.97% in May, data from its statistics agency showed on...
Economic Commission for Africa has called for swift and strategic action to address the complex and growing economic challenges facing Africa. Claver Gatete, executive secretary of...
International Monetary Fund IMF has said that in the context of high global uncertainty, tighter global financial conditions, and rising borrowing costs, concerns about sub-Saharan Africa’s...
The Independent Media and Policy Initiative states that the Nigeria Tax Act 2025 will enhance the country’s foreign investment drive and create more employment opportunities for...
Debt Management Office promissory notes issuance on behalf of federal government fell by 15.6 per cent in the first quarter of 2025, according to. According to...
Over 5,000 local contractors, under the auspices of ‘Concerned Contractors owed by the Federal Government of Nigeria for 2024 Capital Projects’, are begging President Bola Tinubu...
Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 in Abuja,...
The Lagos Chamber of Commerce and Industry has commended President Bola Tinubu’s government for signing four landmark tax reform bills into law. In a statement on Friday,...
Africa Finance Corporation has said that the continent received over $95 billion in home remittances in 2024, with Nigeria, Egypt, and Morocco leading as top recipients,...
The Nigeria Export Processing Zones Authority has reiterated its commitment to ensure the implementation of the presidential directive on reducing domestic petroleum product prices. NEPZA managing...
The African Continental Free Trade Area (AfCFTA) is set to revolutionize Africa’s economic landscape by creating a unified market that supports large-scale investment and industrialization, Melaku...
Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the nation’s revenue surged to N6.9 trillion in the first quarter...
African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s...