The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has revealed the reasons behind the bank's decision to further tighten monetary policy, including raising the interest rate to 27.25%.
The Federal Government has pledged to fully support the Bakassi Deep Seaport Integrated Project, a major infrastructure aimed at transforming Nigeria’s maritime sector and boosting the nation’s economy.
Experts have estimated that by increasing the participation of Nigerian-owned ships in global trade, Nigeria's Gross Domestic Product (GDP) can grow by $5.42 billion.
The African Policy Research Institute (APRI) has called on Nigerian policymakers to fast-track the integration of climate action into the nation’s economic planning and budgeting systems.
Senate President Godswill Akpabio has sought the understanding of Nigerians over the current economic challenges occasioned by rising cost of living and an unpredictable market.
President Bola Ahmed Tinubu has urged the United Nations to prioritize debt forgiveness for Nigeria and other developing nations, appealing to creditors and multilateral financial institutions to support this initiative.
