Category: news

The Federal Government of Nigeria has outlined a troubling fiscal trajectory in its 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). According to the document, debt servicing is...

The Federal Government of Nigeria has officially requested a $1 million grant from the African Development Bank (AfDB) to provide emergency food aid to communities devastated by the 2024 floods....

Nigeria’s Vice President, Kashim Shettima, has expressed confidence that the country’s economy will experience significant growth by 2025, despite the ongoing challenges. In a speech at a one-day retreat for...

November 2024 – Measles cases worldwide have surged by 20% in 2023, with more than 10 million people infected, according to a new report from the World Health Organization (WHO)...

Abuja, Nigeria – November 15, 2024 – The Nigerian government has unveiled plans to raise approximately $2.2 billion in international capital markets to finance the 2024 budget deficit. This will...

Abuja, Nigeria – November 14, 2024 – The Federal Executive Council (FEC), in its latest meeting, has granted approval for a $2.2 billion external borrowing programme to aid the federal...

Nigeria's inflation rate is expected to rise further in October 2024, continuing the upward trend observed in September 2024, according to a pool of economists and analysts surveyed by Nairametrics....

Key Takeaways from the Africa Retail Congress 2024 1. Strategic Growth Through Cross-Border Expansion Chris Ogbechie, the Dean of Lagos Business School, emphasized that for African businesses to thrive in...

Nigeria has entered into a $1.2 billion agreement with China National Chemical Engineering Corporation (CNCEC), a state-owned Chinese engineering firm, to revive a critical gas processing plant that supports the...

Multichoice Group, the South African pay-TV operator, has reported a 243,000 subscriber loss in its Nigerian unit for the six-month period between April and September 2024. This decline impacted both...