Finance
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Top 10 Cities with the Most Centi-Millionaires in the World
As global wealth continues to accumulate at unprecedented rates, cities around the world are becoming hubs for the ultra-wealthy. Centi-millionaires,…
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South Africa Tops Africa’s Largest Economies, Nigeria’s GDP Projected to Decline to $199.72 Billion by End of 2024 – IMF Report
The International Monetary Fund (IMF) World Economic Outlook (WEO) report for October 2024 has projected that Nigeria will end the…
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Nigeria Loses N13 Trillion to FX Subsidies, Says World Bank
According to a new report by the World Bank, Nigeria incurred a staggering loss of N13 trillion due to foreign…
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BRICS Nations Expected to Surpass Global GDP Growth in 2024 – Putin
Russian President Vladimir Putin has predicted that the BRICS nations will see higher economic growth than the global average by…
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African countries that have legalized cannabis cultivation for industrial, medicinal purposes
As the global demand for medical cannabis continues to grow, several African countries have shifted their stance on cannabis cultivation.…
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World Bank Lists Nigerian Naira Among Worst Performing Currencies in Africa for 2024
The Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the…
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Nigeria’s Foreign Reserves Surge by $2.35 Billion, Boosting Naira Stability
LAGOS – Nigeria’s foreign reserves have experienced a significant boost, with the Central Bank of Nigeria (CBN) recording an average…
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Russia Secures 90% Stake in Fuel Pipeline Deal with Republic of Congo
Russia has tentatively agreed to construct a significant fuel pipeline in the Republic of Congo, linking the western port of…
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Dangote Refinery Faces Boycott from Local Marketers, Exporting Majority of Production
The Dangote Refinery, Africa’s largest, is facing challenges as local petroleum marketers in Nigeria continue to boycott its products, preferring…
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Algeria Approved to Join BRICS New Development Bank
Algeria has officially received approval to join the BRICS New Development Bank (NDB), marking a significant step in the nation’s…
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