Finance and Coordinating Minister of the Economy, Olawale Edun, and Budget and National Planning Minister, Atiku…
Category: Business
Sub-Saharan Africa Faces Widening Education Funding Gap, Warns World Bank
Sub-Saharan African countries, including Nigeria, are grappling with a significant education funding shortfall, spending an average…
Federal Govt Accuses CBN of Misappropriating N2.73tn in Interest Payments
The Federal Government has raised serious concerns over the management of public funds, accusing the Central…
African Development Bank to Release $2.2bn for Agro-Industrial Zones in Nigeria
The African Development Bank (AfDB) is set to release a $2.2 billion fund to support the…
World Bank Fully Disburses $1.5bn Loan to Nigeria
The World Bank has completed the disbursement of a $1.5 billion loan to Nigeria following the…
HM Wale Edun, Senator Kalu Host Dinner to Boost Nigeria-China Ties
On Saturday evening, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale…
China and Nigeria Renew Bilateral Currency Swap Agreement
China and Nigeria have renewed their bilateral currency swap agreement, China’s central bank announced on Friday.…
CBN Attributes Q3 2024 Oil Revenue Decline to Ageing Infrastructure and Inefficiencies
The Central Bank of Nigeria (CBN) has cited ageing pipeline infrastructure and operational inefficiencies as key…
Nigeria’s Free Trade Zones Designed to Boost Exports
The Federal Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has reassured manufacturers that Nigeria’s…
World Bank Removes Loan Fees to Support Vulnerable Nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable…