Economy

World Bank delays approval of $1.5bn Nigeria loan over Naira reforms

The World Bank has delayed approval of Nigeria’s request for a $1.5 billion loan due to concerns over desired reforms,…

6 years ago

OPEC+ achieves 97% oil output cuts compliance in July

Members of the Organisation of Oil Producing Countries and allies called OPEC+ achieved  around 97% oil output cuts compliance in July,…

6 years ago

Nigeria’s inflation climbs to 12.82 in July – NBS

For the eleventh consecutive time, Nigeria's inflation has been on the rise, and now at 12.82 percent, the National Bureau…

6 years ago

CBN ABP: NIRSAL deploys agro geo-cooperative model to support North-East economy

In support of the Federal Government’s efforts at restoring socio-economic stability in Borno State in particular, and North-Eastern Nigeria in…

6 years ago

Stop selling goods our people are selling – Ghanaian authorities tell Nigerian traders

There is an ongoing confrontation between Ghanaian authorities and Nigerian traders after government officials went round closing shops belonging to…

6 years ago

Exposed: How CAC remitted only N169m from 56bn raked in 3 years

The House of Representatives joint committee on Finance, Appropriation, National Planning, and Economic Development and Aids, Loans and Debts Management…

6 years ago

COVID-19: Confidence in Nigeria’s economic recovery less optimistic – McKinsey

Consumers and investors in Nigeria’s economy are becoming less optimistic about the country’s recovery prospects than they were in March,…

6 years ago

Airtel, Standard Chartered sign partnership on mobile financial services

Airtel Africa and Standard Chartered have both partnered to connect their customers through their various platforms to increase access to…

6 years ago

NNPC open to private sector partnership on repair of depots and pipelines

The Nigerian National Petroleum Corporation (NNPC) has declared open bids for the repair of pipelines and depots serving the nation’s…

6 years ago

WhizAI Raises $4M In Seed Funding

WhizAI, a Somerset, NJ cognitive insights platform for the life sciences, raised $4m in seed funding. The round, which brought…

6 years ago

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