Sever Cash Crunch Plummets GDP Q1 To 2.31%
The Sever cash crunch which precipitated the economy early in the year dragged down the country’s Gross Domestic Product ( GDP) by 2.31 percent in first quarter of 2023 compared to 3.11% recorded in the…
The Sever cash crunch which precipitated the economy early in the year dragged down the country’s Gross Domestic Product ( GDP) by 2.31 percent in first quarter of 2023 compared to 3.11% recorded in the…
The $400 million War Risk Insurance (WRI) premium paid by Nigeria annually to Lloyd’s of London on cargoes coming into the ports has been described as fraudulent. It was revealed that the payment by the…
Revenue diversification initiative of the Federal Government from oil to non-oil sector is paying off with solid minerals revenue accruals to federation purse crossing N50 billion mark in 12 years, figure exclusively obtained from Revenue…
President Muhammadu Buhari on Tuesday Commissioned 1.2km Ikom Bridge constructed by his administration to encourage economic activities in the state. Commissioning the project, Buhari said it will boost economic activities, adding that recommendation for the…
Hamad International Airport (DOH) and Dubai International Airport (DXB) have each ascended seven positions since May 2019, firmly establishing themselves among the world’s top 10 airports. Two Middle East airports have climbed up the ranks…
As countries across Africa remain trapped in debt and, thereby facing constant funding challenges, the Director of the African Department at the Inter- national Monetary Fund (IMF), Abebe Aemro Selassie, has called on the international…
In its financial results for Q1-2023 ended 31-Mar-2023, BUA Foods Plc (“BUAFOODS”) recorded a 60.2 per ent y/y increase in turnover to N144.3bn, driven by revenue growth across its five business divisions, and the commencement…
As a securities exchange with a commitment to facilitate growth and development in the Nigerian debt markets and the economy at large, FMDQ Securities Exchange Limited (FMDQ Exchange) has continued to promote an efficient, transparent,…
The payment of $12 billion to Bayelsa State for the restoration and clean up of decade-long oil pollution may not be an end to the degradation of the state and other ravaged Niger Delta regions…
Ananse Africa, in partnership with Ecobank Nigeria, has announced the second edition of its free e-commerce and digital marketing training for fashion creatives in Nigeria. According to a press release, the hybrid training scheduled for…