Finance
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World Bank Approves $632 Million in Loans to Boost Nigeria’s Nutrition and Education Sectors
The World Bank has approved two new loans totaling $632 million to support key sectors in Nigeria, focusing on nutrition…
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Dangote Refinery Cuts Petrol Price to N825 Per Litre
Dangote Refinery has announced a reduction in the ex-depot (gantry) price of petrol by N65 per litre, lowering it from…
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Nigeria’s GDP Growth Hits 3.84% in Q4 2024, Driven by Services Sector
Nigeria’s Gross Domestic Product (GDP) expanded by 3.84% year-on-year in real terms during the fourth quarter of 2024, marking a…
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How Qatar is Quietly Buying the World
Qatar, a small but incredibly wealthy Gulf nation, has been steadily expanding its global footprint through strategic investments in real…
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Nigerian Government Spends $8 Billion to Stabilize Naira Amid Economic Challenges
The Nigerian government has reportedly spent approximately $8 billion in its ongoing efforts to stabilize the naira, yet the currency…
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Ghana Increases National Daily Minimum Wage by 10% to GH₵19.97
Ghana’s National Daily Minimum Wage (NDMW) has been increased by 10%, rising from GH₵18.15 to GH₵19.97. The announcement was made…
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EFCC Officer Flees with $30,000 as Nigeria’s Anti-Graft Agency Faces Mounting Scandals
The Economic and Financial Crimes Commission (EFCC), Nigeria’s leading anti-graft agency, is embroiled in yet another controversy after an officer…
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Nigeria Approves New 10,000-Barrel Refinery in Delta State
The Nigerian government has approved the construction of a 10,000-barrel refinery in Delta State, marking a significant step toward increasing…
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Federal Government Accuses CBN of Misappropriating N2.73 Trillion in Interest Payments
The Federal Government of Nigeria has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments…
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Fitch Warns of Economic Risks as Nigeria Faces Fiscal Challenges
Nigeria’s economic stability could face significant hurdles if the government fails to meet its fiscal deficit reduction targets, according to…
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