EGYPT’S INFLATION SURGES TO RECORD 38.0% IN SEPTEMBER

In September, Egypt experienced historic urban consumer price inflation, hitting an all-time high of 38.0%, up from August's 37.4%, surpassing analysts' forecasts. The national statistics...

EEU TO BEGIN $100 MILLION NETWORK REHABILITATION PROJECT

The Ethiopian Electric Utility (EEU) has unveiled plans to kickstart a network distribution rehabilitation initiative in Addis Ababa and ten other towns, with an...

50,000 YOUTHS TO BE TRAINED ON COMPUTER SKILLS THROUGH FEDERAL GOVT AND WORLD BANK COLLABORATION

As part of the partnership initiative between the Federal Ministry of Education (FME)/IDEAS Project and The World Bank, about 50,000 youths will be trained...

WORLD BANK CAUTIONS NIGERIAN, ETHIOPIAN, AND UGANDAN CENTRAL BANKS AGAINST RISKY MOVES

The World Bank has issued a warning to the Central Banks of Nigeria, Ethiopia, and Uganda, advising them to avoid unconventional actions that might...

WORLD BANK ENCOURAGES NIGERIA AND OTHER NATIONS TO BOOST LOCAL ENTERPRISES FOR JOB GENERATION

The World Bank has advised Nigeria and other sub-Saharan African (SSA) nations to implement cost-effective private sector reforms, ensure consistent policy enforcement for businesses...

FEDERAL CAPITAL TERRITORY MINISTER, NYESOM WIKE, SEEKS COLLABORATION WITH ISRAEL TO BOOST AGRICULTURE AND ENHANCE SECURITY

In a recent meeting with the Israeli Ambassador to Nigeria, Mr. Michael Freeman, the Minister of the Federal Capital Territory, Nyesom Wike, expressed the...

NEWLY CREATED MINISTRY FOR MARINE AND BLUE ECONOMY TO COLLABORATE WITH BRITSH AND AMERICAN GOVERNMENT FOR DEVELOPMENT

The newly established Ministry for Marine and Blue Economy will be collaborating with the British and American governments grow Nigeria’s economy. This was disclosed by...

LOWER INFLATION RATE IS KEY TO ATTRACTING INVESTORS – ARI ARSEN

Ari Aisen, the International Monetary Fund's Resident Representative in Nigeria, believes that lower inflation and more predictable exchange rates will encourage more investment in...

IMF URGES NIGERIAN GOVERNMENT TO TACKLE CLIMATE CHANGE AS PART OF ECONOMIC STRATEGY

During a recent workshop in Abuja, the International Monetary Fund (IMF) emphasized the vital role that Nigeria's Federal Ministry of Finance and the Central...

Latest articles