The International Monetary Fund has downgraded the growth rate in sub-Saharan Africa to 3.7 per cent in 2024. This was indicated in the latest World Economic Outlook Update, which …
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Odu’a Investment, Nigerian Philanthropy ink deal to support MSMEs
Odu’a Investment Company Limited and the Nigerian Office for Philanthropy and Impact Investing have signed a Memorandum of Understanding to strengthen funding for MSMEs in the South-West states in …
Read More »Nigeria set to export products to African countries – FG
The Federal Government through its National African Continental Free Trade Area Coordination Office, on Tuesday, declared that in the next few days, 10 Nigerian companies would be exporting different …
Read More »FRC, MOFI reveal how Nigeria can achieve $1tr economy
The Financial Reporting Council (FRC) and the Ministry of Finance Incorporated (MOFI) identified how President Bola Tinubu can achieve its $1 trillion economic projection. They identified corporate governance in both …
Read More »FG, states, LGAs share N1.35tr as revenue allocation for June
The three tiers of government on Tuesday shared the sum of N1.35 trillion as revenue allocation for June. The figure was N150 million higher than the N1.2 trillion shared by …
Read More »NGX: Zenith Bank leads trading as investors gain N62bn
Investors in the Nigerian capital market gained N62 billion at the close of trading on Tuesday. This followed an increase in the share prices of stocks like UCAP, CUTIX and …
Read More »IMF revises downward Nigeria’s growth forecast
The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projection by 0.2 percentage point amid weaker than expected activity in the first quarter of the year. The Nigeria’s …
Read More »Citizens Forum to address illicit funds control
The need to stem illicit financial flows into the African continent will be one of the focal points of discussions at this year’s Citizens Forum, scheduled to be held …
Read More »Umeoji projects over N1tn Zenith Bank profit in 2024
Zenith Bank’s Group Managing Director/Chief Executive Officer, Dr Adaora Umeoji, has said that the bank is on track to surpass N1tn in profit at the end of the financial …
Read More »Food duty suspension threatens private investments – Stakeholders
Experts have expressed concerns that the decision of the Federal Government to throw open the nation’s borders to allow food importation will affect private investments in the agriculture sector. …
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