International Finance Corporation, Central Bank of Nigeria Partner to Boost Local Currency Financing
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have made an agreement to give more local...
IMF Warns: Sub-Saharan Africa’s Oil-dependent Countries Face Slower Economic Expansion
The International Monetary Fund (IMF) has released its economic report for Sub-Saharan Africa, pointing out that countries that produce oil...
Trump’s Net Worth Sees $460 Million Boost Amid Surging Trump Media Shares
Donald Trump's wealth has increased by $460 million, bringing his total net worth to $6.6 billion. This growth is mainly...
Dangote Refinery Achieves Milestone with First Seaborne Petrol Cargo Shipment
Dangote Industries' oil refinery and fertiliser plant has successfully sent its first shipment of petrol by sea, which is a...
Alibaba to Pay $433.5 Million in Settlement of US Lawsuit
Alibaba Group Holding Ltd., the biggest online shopping company in China, has agreed to pay $433.5 million to settle a...
Nigerian Exchange Records Significant Gain, UBA Enters SWOOT Category
The Nigerian Exchange (NGX) continued its upward trend for the fifth consecutive day, with the All-Share Index (ASI) rising by...
IMF Clarifies Stance On NIgeria’s Fuel Subsidy Removal
The International Monetary Fund (IMF) has denied claims that it influenced Nigeria's decision to end fuel subsidies. Abebe Selassie, Director...
FG Approves Kogi’s Bid To Build International Airport In Zariagi
The Federal Ministry of Aviation and Aerospace Development has approved the Kogi State Government permission to build an international airport...
Mercedes-Benz Q3 Profit Tumbles 64% on China Slowdown
Mercedes-Benz reported a 64% drop in earnings for its main car business in the third quarter, falling short of what...
Nigeria Eyes $1 Billion Monthly Remittances with US Diaspora Bond
The Central Bank of Nigeria (CBN) is considering selling a special bond in the United States next year, aiming to...
Meet The Barbarian Handler: He Lifeng, China’s Economic Gatekeeper
As China's economy faces challenges and inflation, people in Beijing are worried and talking about it. In the middle of...
House of Reps Urges CBN to Withdraw Old Notes Ahead of 2025 Deadline
The Nigerian House of Representatives has urged the Central Bank of Nigeria (CBN) to speed up the release of new...
Bayelsa State Budgets N5.4 Billion For Anniversaries, Celebrations
Bayelsa State has allocated N5.4 billion for anniversaries and celebrations in 2024, which is more than what it plans to...
Nigeria Joins BRICS As Partner Country
Nigeria has officially joined the BRICS economic bloc as a partner country, along with 12 other nations, which strengthens its...
Billions in Assets Flee China Amid Economic Uncertainty
China's worries about its economy and a struggling real estate market are causing people to move their money abroad, even...
