World Bank approves $2.2bn loan for Nigeria

Contrary to the views in some quarters that Nigeria’s debt profile has been on the rise and needed curtailment, the World Bank has approved...

Grab opportunities offered by AfCFTA, Afreximbank tells African countries

The second Intra-African Trade Fair (IATF2020) will provide key pathways for the Rwandan private sector to access intra-African trade opportunities offered by the African...

AfDB refutes World Bank’s comments on Africa’s debt profile

The African Development Bank’s Africa Legal Support Facility (ALSF) supports countries to negotiate terms of their royalties and taxes to international companies, and terms...

Female fund managers to receive boost through multi-million dollar fund

African leaders are putting women front and center of efforts to drive the continent’s economic growth through a game-changing fund that invests in women...

Provide young people with 21st century skills – AfDB report

"Youth must be prepared for the jobs of the future – not the jobs of the past," African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina...

Lagos makes history raises N100bn bond to finance infrastructure

‘It’s a new journey towards developing Lagos’ – Gov Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance...

2020 Economic Outlook: Jumia, Minister, others discuss Finance Act

As the Federal Government of Nigeria is set to commence the implementation of the Finance Act 2019, the Chairwoman of Jumia Nigeria, Mrs Juliet...

Nigeria’s inflation jumps to 11.98% as border closure lingers

Nigeria’s inflation rate spiked year on year, from 11.44% at the end of 2018 to 11.98% in December 2019. The latest inflation report released by the...

Methanol production to boost national economy – Minister

As part of efforts to diversify the nation’s economy and increase productivity, the Federal Government has announced plans to commence methanol production. The Minister of...

Experts to review ECA’s flagship Economic Report on Africa 2020

An expert group meeting to review the Economic Commission for Africa’s (ECA) flagship Economic Report on Africa (ERA2020) has been scheduled for 16 -...

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