The World Bank has recently adjusted its growth projection for Nigeria, the largest economy in Africa, to a slower pace of 2.9% in 2023, down from the earlier forecast of …
Business
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The 10th Nigeria Energy Conference recently convened with a resounding message—Nigeria’s energy sector stands at the cusp of transformative change. Held under the theme “Unlocking New Value with Reforms, Investments, …
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Meta, the owner of Facebook, Instagram, and WhatsApp, is facing a legal battle in Nigeria over its alleged violation of the country’s advertising laws. The Advertising Regulatory Council of Nigeria …
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The value of the Naira, Nigeria’s national currency, is on a downward spiral. However, Peter Gregory Obi, the Labour Party’s presidential candidate for the 2023 elections, believes there’s a solution …
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The National Bureau of Statistics (NBS) has provided insights into the recent pricing trends of cooking gas and kerosene in Nigeria. Let’s delve into the details. The average cost of …
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In Nigeria, a nation blessed with an impressive gas reserve of 209 trillion standard cubic feet, a pressing issue looms large—the surge in gas prices. Chiedu Ugbo, the Managing Director …
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Nigeria’s three tiers of government shared a total of N1.1 trillion as revenue allocation for the month of August, according to the Federation Accounts Allocation Committee (FAAC). This represents an …
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In a significant development, the Federation Account Allocation Committee (FAAC) recently disbursed a total of N1.1 trillion to the federal government, state governments, and local government councils for the month …
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In the ever-changing world of finance, the United Bank for Africa (UBA) Plc emerges as an epitome of resilience and profitability. As 2023 progresses, this leading African bank continues its …
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Nigeria is taking steps to promote women entrepreneurship development and formalisation in the country, with the support of the International Labour Organization (ILO) and the Small and Medium Enterprises Development …