The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to introduce policies that support businesses and stimulate economic growth. In his 2024 Eid-el-Maulud message on Monday in Abuja, ACCI President Dr Emeka Obegolu, urged the…
The Nigerian Economic Summit Group has announced plans for the 30th Nigerian Economic Summit, scheduled from October 14 to 16, 2024 at the Transcorp Hilton Hotel in Abuja. This year’s summit, themed “Collaborative Action for Growth, Competitiveness, and Stability,” aims…
President Bola Tinubu has welcomed the latest report on the country’s trade balance by the National Bureau of Statistics (NBS). According to the report, Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95 trillion, which is…
…Three-year human assistance program receives N324bn …As new agreements signal strong Nigeria-UK ties with focus on humanitarian, economic devt The Federal Government and the United Kingdom have signed eight partnership agreements worth N589 billion (£272.6 million) to boost critical sectors…
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has underscored the importance of Nigeria adhering to its fiscal constraints to tackle its economic issues effectively. Addressing the National Summit of Fiscal Responsibility Agencies in Abuja…
On Thursday, President Xi Jinping of China emphasized the importance of strengthening the relationship between China and Africa to further develop a China-Africa community with a shared future in the new era. Xi made these remarks during his keynote address…
The Abuja Chamber of Commerce and Industry (ACCI) has issued a grave warning regarding the recent surge in fuel prices, highlighting its potential to precipitate severe economic turmoil. ACCI President Emeka Obegolu expressed concerns that this increase could have extensive…
Nigeria has continued to allocate substantial funds toward debt servicing, as detailed in the Central Bank of Nigeria’s (CBN) international payments data report. According to the CBN, between January and July 2024, a total of $2.78 billion was expended on…
Equity investors saw a weekly gain of N349 billion as the market capitalization of the Nigerian Exchange Ltd. (NGX) rose by 0.63% over the week. The All-Share Index ended at 96,579.54 points, up from 95,973.45 points at the start. The…
As Nigerians call for reduced governance costs, the 2024 personnel expenditure for Nigeria’s 36 states has reached N2.76 trillion, This represents an increase from N2.26 trillion in 2023, marking an addition of approximately N901.88 billion over two years, with N501.16…
