The World Bank Lowers its Forecast for Nigeria’s Economic growth.
The World Bank Group has once more revised downward its estimate of Nigeria’s economic growth, primarily due to a weakened…
Day: January 13, 2023
Wells Fargo Predicts that Inflation will Decline to 2.2% by Year’s End.
According to a note from Wells Fargo, inflation is anticipated to continue to ease and could drop by an astounding…
Bitcoin Adoption Rates Decline as Price Drops by 65%.
The most popular cryptocurrency, Bitcoin, saw a global price decline of 65.29 percent in 2022. In a year that was…
Foreign Vessels Transport 98% of Nigerian Crude.
Anthony Onoharigho, a chartered marine surveyor and ship captain, revealed that 98% of the crude oil lifted in Nigeria is…
Nigeria will Gain from Germany’s €2.85 million Agricultural Fund.
The Standards and Trade Development Facility will receive 2. 85 million euros from Germany’s Federal Ministry for Economic Cooperation and…
Ghana’s Inflation Rises to a Record 54.1% as Food Costs Rise.
In December 2022, Ghana’s inflation rate reached a record 54.1% due to rising costs for food, housing, and transportation. Government…
Oil Drops to $79.32 Due to US Rate Increases.
According to Reuters, oil prices started to decline as investors anticipated that further interest rate increases in the United States,…