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Economy
1085 posts
Nigeria’s economy, once Africa’s biggest, slips to fourth place
Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year…
BPE seeks collaboration with NLC on privatisation process
The Bureau of Public Enterprises (BPE), has sought the buy-in of the Nigeria Labour Congress (NLC) in the…
Harsh economy forces Nigerian Breweries to close two plants
By Stanley Onyeka, Lagos Nigerian Breweries Plc says it will shut down two of its nine manufacturing plants…
UN leaders urge ‘wholesale reform’ of global financial architecture
The Secretary-General and President of the General Assembly on Monday led the clarion call for urgent reform of…
FCCPC to intensify price monitoring in markets as naira appreciates against dollar
By Stanley Onyeka, Lagos The Federal Competition and Consumer Protection Commission (FCCPC), determined to prevent further slide in…
FG begins trade grant disbursement to nano businesses
By Tochukwu Bliss, Abuja The Federal Government, yesterday, said it has officially commenced the disbursement process for the…
IMF forecasts 3.2% steady global economic growth for 2024, 2025
. Projects 3.3% GDP for Nigeria By Clara Nwachukwu The International Monetary Fund (IMF), yesterday, forecast a “steady”…
Tinubu says ‘National Single Window’ project will facilitate national integration
President Bola Tinubu said introducing the National Single Window (NSW) project would facilitate national and regional integration. Tinubu…
Nigeria’s inflation nudges higher to 33.20%
By Clara Nwachukwu Nigeria’s headline inflation galloped to a record 33.20% in March, riding on the back of…
Fitch cuts China’s ratings outlook on growth risks
Fitch cut its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public finances…