Tag: Economy
NAAT Proposes N350,000 Minimum Wage to Address Rising Cost of Living
The National Association of Academic Technologists (NAAT) is calling for a significant increase in Nigeria's minimum wage, citing economic hardships faced by workers nationwide....
Access Holdings Plc Secures Shareholder Approval for $1.5 Billion Capital Raise...
In a move to fuel ambitious growth plans, Access Holdings Plc, Nigeria's financial giant, secured unanimous shareholder approval for a capital raising program valued...
Global Trade Reaches Record Highs
Global trade has reached new heights, exceeding US$30.4 trillion in 2023, according to the World Trade Organization (WTO). This marks a staggering fivefold increase...
PwC Nigeria Recommits to Sustainability in Region
PwC Nigeria (PricewaterhouseCoopers) is solidifying its commitment to driving Nigerian businesses toward a sustainable future. This renewed focus coincides with the 10th anniversary of...
Nigerian Stocks Lure Foreign Investors Back Despite Naira Devaluation
Foreign investors are pouring back into Nigerian stocks after a long hiatus caused by dollar shortages and capital controls. Inflows surged fivefold in the...
Rwanda Eyes Ogun State for Economic, Educational Partnership
Rwanda has set its sights on Ogun State, Nigeria, as a potential partner for economic and educational development. This interest was conveyed by Christophe...
CIBN Backs Bank Recapitalization for Increased Lending to Nigeria’s Real Economy
The Chartered Institute of Bankers of Nigeria (CIBN) has voiced its support for the ongoing bank recapitalization exercise, highlighting its potential to boost lending...
Federal Government Recovers N57 Billion in Debts Through Project Lighthouse
The Federal Government of Nigeria has successfully recovered N57 billion out of a staggering N5.2 trillion owed by various Ministries, Departments, and Agencies (MDAs)...
Opaque Loans Hinder Africa’s Growth, Warns AfDB President
Africa's economic potential is under threat from non-transparent loans secured against natural resources, according to the President of the African Development Bank (AfDB), Akinwumi...
Naira Stabilization Efforts Applauded by Nigerian Bishop, Implementation Urged
The Diocesan Bishop of Ife, Rt. Rev. Olubinmi Akinlade, commended the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, for his aggressive policies aimed...
