Nigeria’s Ways and Means Debt Surpasses Crude Oil Revenue in H1 2023
A recent report from the Budget Office of the Federation (BOF) has revealed that the Federal Government of Nigeria’s interest…
Day: October 20, 2023
Afreximbank and Export-Import Bank of China Sign $600 Million Loan Agreement for Trade Finance
The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) have inked a $600 million loan agreement to…
British Prime Minister Rishi Sunak Advocates for Peace in Middle East Tour
British Prime Minister Rishi Sunak is embarking on a Middle East tour, with Egypt as his first stop, to advocate…
Olusegun Aganga Emphasizes: Strong Naira Hinges on Local Production and Exports
Former Finance Minister, Olusegun Aganga, highlighted a critical economic reality at the 51st Annual General Meeting of the Manufacturers Association…
Nigeria to Digitize Travel Processes for Enhanced Air Travel Experience
Olubunmi Tunji-Ojo, Nigeria’s Minister of Interior, revealed plans to revolutionize international air travel experiences through digitization. By introducing cutting-edge measures…
Supreme Court Convenes Panel to Hear Presidential Election Appeals in Nigeria
The Supreme Court of Nigeria has established a seven-member panel of justices to consider appeals filed by three presidential candidates…
EU Commits 150 Billion Euros to Infrastructure Projects in Nigeria
The European Union (EU) has unveiled its Global Gateway Initiative, pledging to disburse 150 billion Euros by 2027 to Nigeria…
Historic Milestone: US Oil Poised to Lead as Largest Export in 2023
For the first time ever, the United States is on track to make oil its foremost export good, underlining the…
Global Hunger Index Highlights Worsening Hunger Levels in Nigeria
Nigeria is one of nine countries anticipated to experience a deteriorating hunger situation in the coming year, according to the…
Challenges Loom Over Nigeria’s Ambitious 2024 Budget Revenue Targets
Nigeria faces a daunting task in generating the revenue needed to support its proposed N26.01 trillion budget for 2024. This…
Nigeria and EU Ink €900 Million Deal for Development Projects
The Federal Government of Nigeria has entered into a substantial financial agreement with the European Union (EU) to fund a…