Nigeria FG has Approved a Pay Increase for NPA Employees.
Employees of the Nigerian Ports Authority have expressed delight that the Federal Government has approved a pay increase for them.…
Day: January 23, 2023
The IMF Says Financial Institutions are Dealing with Climate-related Shocks.
According to a new International Monetary Fund report, the effects of extreme weather conditions are harmful to the health of…
Kenya Inflation to Fall Back Within Target in Q1.
Kenya’s central bank expects inflation to fall within its target range in the first quarter of 2023 and is satisfied…
Petrol could Hit N800 per Litre if Subsidies are Removed – Marketers.
As the scarcity of Premium Motor Spirit, also known as petrol, persisted, oil marketers predicted that the price of the…
Economists Disagree on NNPCL’s N2.52 trillion Road Investment.
Financial economists had mixed reactions to the Nigerian National Petroleum Company Limited’s approved plan to invest N2. 52 trillion in…
World Bank: 28.9 million Nigerians Rely on Food Aid.
According to the World Bank, 28 million 900,000 people in Nigeria and other West and Central African countries rely on…
Nigeria: Interest Rates are Likely to Rise as the MPC Meets.
Financial experts have expressed varying opinions on the possible outcomes of the rates ahead of the Central Bank of Nigeria’s…
Nigeria has Set A Date for its First Census in 17 Years.
As authorities in the most populous nation in Africa seek up-to-date information on the precise population and the size of…
Nigeria: Kwara State Receives Projects Funding Worth N887 million from the World Bank.
According to Dr. Nusirat Elelu, executive secretary of the Kwara Health Care Development Agency, the state has acquired financing from…
Nigeria NNPC Spent $10 billion on Fuel Subsidies in 2022.
According to the most recent data from the state-owned company, Nigeria’s NNPC spent $9.7 billion on a petrol subsidy last…
Adesina: Africa’s GDP will Grow by 4% in 2023 and 2024.
Africa’s GDP growth is anticipated to be higher than the projected global averages of 2.7% and 3.2% in 2023 and…
CBN To Penalize Banks N1m Per Day For Not Picking New Naira Notes.
The new naira notes must be picked up by commercial banks for distribution, according to the Central Bank of Nigeria…