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...

GHANA TO FIX RATES AT 30% AMID FALLING INFLATION

The Bank of Ghana is likely to end its sequence of interest rate hikes today, September 25th, despite a drop in inflation in the...

NIGERIA TO RECEIVE $700 MILLION LOAN FROM WORLD BANK

A loan of $700 million has been approved for Nigeria by the World Bank. The loan will be to improve the education sector and...

NIGERIA’S TRADE WITH AFRICAN COUNTRIES INCREASES TO N1.84 TRILLION

Nigeria’s trade with the rest of Africa increased by 40.8 percent in the first half of 2023 (H1 '23). This amount is equivalent to...

SOUTH AFRICA TO HOST US-AFRICA TRADE SUMMIT

South Africa announced its commitment to host a U.S.-Africa trade summit in November, despite earlier demands from the U.S. legislators to relocate the event...

KENYAN FUEL PRICES SOAR PAST KES 200 MARK

In a recent update from the Energy and Petroleum Regulatory Authority (EPRA), fuel prices in Kenya have reached a milestone, surpassing the KES 200...

NIGERIA’S TOTAL PUBLIC DEBT JUMPS TO N87.3 TRILLION IN Q2 – DMO

The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt soared to N87.38tn by the close of the second quarter of 2023....
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