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Economy

Afreximbank backs 500MW Sapele power project with US$4m prep facility

Economy Pai -
  African Export-Import Bank (Afreximbank) has signed a US$4.0 million project preparation facility with Proton Energy Ltd to advance feasibility studies for a 500-megawatt (MW)...

AfDB, Partners Launch $263.8m Urban Infrastructure Project in Abia

Economy Pai -
Lucy The African Development Bank (AfDB), in partnership with the Islamic Development Bank (IsDB), the Federal Government of Nigeria and Abia State Government, has launched...
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Nigeria’s Bold Response to U.S. Tariff Measures: A Path toward Trade Resilience and Economic Growth

Economy Pai -
  The Federal Government of Nigeria has acknowledged the recent tariff measures announced by the Government of the United States...

The Illusion of Falling Food Prices: Unpacking Nigeria’s Cost of Living

Economy Editor -
By Pai Tukum In recent months, reports have highlighted a decline in the prices of staple foods across Nigeria. At...

FG reaffirms commitment to leather industry growth

Economy Editor -
By Lucy Ogalue The Federal Government has reaffirmed its commitment to revitalising Nigeria’s leather industry to boost job creation, economic...

AfDB, IITA sign €5m agreement to boost agricultural transformation in Africa

Business Editor -
By Lucy Ogalue The African Development Bank (AfDB) and International Institute of Tropical Agriculture (IITA) on Wednesday signed a five...

FG inaugurates EV buses to ensure sustainable mobility

Economy Editor -
By Lucy Ogalue The Federal Government, on Friday, reiterated efforts towards promoting sustainable transportation and reducing carbon emissions in the...

Trade, Investment Ministry to Fully Digitize Operations by December 2025 – Oduwole

Economy Editor -
By Kobayashi Daniels/ Agency The Federal Ministry of Trade and Investment will transition to a fully digital system by the...
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