Nigeria will need 15 years to transform economy – World Bank VP
The World Bank says that Nigeria must sustain its current economic reforms over the next 10 to 15 years to position itself as a leading global economic power, not only in sub-Saharan Africa but worldwide.
Join BRICS, renew currency swap with China, Falana urges FG
Senior lawyer and rights activist, Femi Falana has urged the Federal Government to renew its currency swap with China to revitalise Nigeria’s wobbling economy.
FG confirms planned inauguration of 650,000 bpd Dangote Refinery
The Federal government, yesterday, confirmed the planned inauguration of the 650,000 barrels per day, bpd Dangote Refinery on May 2023.
Access Corporation and the mission to redefine Africa’s global image
Africa has been at the receiving end of many labels for several decades, most of which, sadly, are laced with prejudice and stereotypes — projecting our stories through a single-sided lens. These labels — whether true or false — have served as shrouds that muddied perceptions and kept the continent draped in unfavorable narratives: ‘A continent of persistent unrest, consistent downturns, and immense human capital potential doomed to remain unharnessed without increased foreign aid’.
Nigeria serviced debt with 96% of its revenue in 2022 – World Bank
The World Bank has revealed that Nigeria used 96.3 per cent of its revenue generated in 2022 to service debt, saying that the constant fiscal deficit has aggravated the nation’s public debt stock.
Nigeria-Japan partnership deepens as trade value hits $10bn annually
“Nigeria’s trade volume with Japan has reached 10 billion dollars, and it is growing, which is why we are visiting to reiterate our partnerships and build on it especially after the recently held Nigeria Japan business forum which provided a very good opportunity to forward business relationships.”
Breaking: CBN directs banks to pay redesign naira notes over-the-counter
“The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling wads of Naira notes in the air and stamping on the currency at social functions.
CBN directs banks to pay redesigned naira notes over-the-counter
“The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling wads of Naira notes in the air and stamping on the currency at social functions.
Economy: Lifestyles Nigerians adopted in 2022
Economy: Lifestyles Nigerians adopted in 2022
Cash withdrawal limit policy to curb e-fraud – CBN
By Biodun Busari The Central Bank of Nigeria (CBN) at the weekend said its current cash withdrawal limit policy would help in tackling electronic fraud (e-fraud). CBN Director of the Payments System Management Department, Musa Jimoh, made this known on Saturday yesterday in Lagos. He also disclosed that as electronic payments continued to gain traction, […]
Bayelsa, Sokoto, Gombe lead in child poverty
By Biodun Busari Bayelsa, Sokoto, Gombe and Kebbi states have the highest incidence of child multidimensional poverty index in Nigeria, Vanguard has learnt. While the child MPI is above 50% in all thirty-six states, the incidence in the aforementioned states has more than 95%. This was revealed in the data on child MPI entitled ‘Nigeria […]
