Tag: Economy
Nigeria Secures $600,000 Relief Fund from Bill & Melinda Gates Foundation
The Nigerian government has secured a $600,000 relief fund and commitments from the Bill & Melinda Gates Foundation to support flood relief efforts and...
ExxonMobil Commits $10 Billion to Nigeria’s Deep-Water Oil Operations
Vice President Kashim Shettima has warmly welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, hailing it as a significant endorsement of...
Shattering the Glass Ceiling: Awosika Urges Female Accountants to Aim High
Ibukunoluwa Awosika, the former Chairperson of FirstBank, has delivered a powerful message to female accountants, urging them to challenge the status quo and strive...
UK’s PERL Program Leaves a Lasting Legacy in Nigeria
The United Kingdom-funded Partnership to Engage, Reform, and Learn (PERL) program, which concluded after eight years of implementation, has been commended for its significant...
Nigerian Airfares Surge Dramatically in August, Outpacing Other Transport Costs
The National Bureau of Statistics (NBS) has released a report highlighting a significant surge in airfare prices within the country. In August 2024,...
Federal Government Warns MDAs Against Budget Padding, Emphasizes Mandate Adherence
The Federal Government has commenced preparations for the 2025 national budget, issuing a stern warning to ministries, departments, and agencies (MDAs) to adhere strictly...
Enugu State Revives Sunrise Flour Mill with N40 Billion Investment
The Enugu State government has taken a significant step towards reviving its economy by signing a N40 billion Memorandum of Understanding (MoU) with JELFAH...
Indonesia-Africa Forum Delivers Significant Business Deals
The recently concluded 2nd Indonesia-Africa Forum in Bali has yielded substantial results for bilateral trade between Indonesia and African countries. A total of 32...
Nigerian Economic Society Calls for Urgent Government Action
The Nigerian Economic Society (NES) has issued a stark warning about the nation's socio-economic challenges, urging the federal government to take immediate action.
In a...
Nigeria’s Economy Poised for Growth: FDC Predicts
The Nigerian economy is on track for significant growth in the coming years, according to Bismarck Rewane, Managing Director/Chief Executive Officer of Financial Derivatives...
