Nigeria’s Recovery Path Remains Blurry despite Improved Projection – Afrinvest
The Nigeria’s economy recovery path remains blurry despite improved projection, Afrinvest said while reviewing the World Economic Outlook report.
Oil Declines on Fresh Covid-19 Lockdown in China
Fresh covid-19 lockdown in the second largest oil consumer economy has sparked market-related fears, causing global prices of crude to slide again amidst the prospect of US-Iran nuclear deal talk.
Nigeria’s Inflation Rate for March Projected to Hit 18.30%
Nigeria’s headline inflation has been projected to maintain uptrend to click 18.30% for March, 2021 from 17.33% in February after 18 months consecutive rise.
Chartered Secretaries Call for Nigerians’ Forbearance on Economic Policies
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has urged Nigerians to exercise patience with the various economic policies by the President Bola Tinubu-led administration to gestate and have a projected impact on society.
2024 Budget: Katsina Govt Allocates 20% to Water, Education Sectors — Commissioner
The Katsina State Government has allocated 20.35 per cent and 20.13 per cent to water resources and education sectors, respectively, in the 2024 budget.
Expert Decries Invasion of Nigerian Markets by Foreigners
A ship chandler, Mrs Violet Williams, has frowned upon the invasion of the Nigerian markets by foreign ship captains for the purchase of equipment or supplies instead of going through registered ship chandlers.
Emerging Markets, Others Will Be Hit Hard, World Bank Says
Growth in emerging markets and developing economies will be hit hard over the next two years, according to the World Bank’s latest...
Trade Minister Confirms Refineries’ Pledge of Sugar Price Stability
The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, says major sugar refineries across the nation have assured her of commitment to maintaining sugar price stability.
Nigeria’s Inflation Rate Hits 28.2% in November – NBS
Nigeria’s headline inflation rate increased to 28.2 per cent in November showing a 0.87 per cent points increase over the 27.33 per cent recorded in October, the National Bureau of Statistics (NBS) says.
Private sector investment in Africa’s infrastructure in 2020 stands at $19bn —AfDB
The African Development Bank (AfDB), said private sector investment in Africa’s infrastructure in 2020 was 19 billion dollars, the highest since 2016.
