Business

World Bank: Fuel price to slow Nigeria’s poverty reduction

World Bank: Fuel price to slow Nigeria’s poverty reduction

•Says rising pre-election spending may derail reforms •Raises Nigeria’s 2026 growth forecast to 4.3% •Projects 15.7% inflation rate for 2026 •44% of firms in Nigeria, Kenya adopt AI, power constraints threaten gains By Babajide Komolafe, Economy Editor  The World Bank has warned that elevated fuel prices could slow Nigeria’s poverty reduction efforts despite an expected […]
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Borno rice farmers charged govt on processing

Borno rice farmers charged govt on processing

The Zabarmari Rice Farmers Association in Maiduguri on Sunday, called on the Borno Government to provide it with modern processing machines, to add value to their produce.

CSR: InterSwitch launches ‘Switch A Future’

CSR: InterSwitch launches ‘Switch A Future’

InterSwitch Nigeria Limited has launched ‘Switch A Future’, a corporate social responsibility campaign.
The campaign, which is in collaboration with Freedom Foundation, is aimed at touching children’s lives who would have never had access to education, by providing them with an education.

World Bank rates Nigeria low in trade logistics index

World Bank rates Nigeria low in trade logistics index

work was required to spur economic growth and help firms benefit from trade recovery.

High income economies dominate the top logistics rankings, with most of them occupying important places in global and regional supply chains.The lowest performing countries are mostly from the low income groups.