Nigeria’s Non-oil Exports Decline By 39%   Nigeria’s non-oil exports have fallen by 39 per cent from N6.914tn to N4.194tn in10 years, according to an analysis of the National Bureau of Statistics’ Foreign Trade Statistics. Specifically, figures show that the N4.194tn non-oil...

Nigeria Targets $22bn From Global Coconut Market With the global coconut market size valued at $13.230 billion last year, there are efforts to explore the space predicted to reach $22 billion in 2028, according to analysts. Chairman, First African Coconut...

Russia Sanctions Will Have Substantial Impact On Global Economy - IMF   The International Monetary Fund (IMF) has said sanctions on Russia will have a substantial impact on the global economy and financial markets, with significant spillovers to other countries. In...

Aggrieved Depositors Petition Banks Over N546bn Wrong Charges   No fewer than 2,256 depositors have lodged complaints on transactions totalling N368.9bn and $428.7m (N177.05bn) on their accounts against their banks with the Chartered Institute of Bankers of Nigeria. The institute, through its...

CBN Warns Nigerians Against Illegal Financial Institutions   The Central Bank of Nigeria has warned individuals to desist from dealing in illegal financial schemes or with illegal financial institutions that are not licensed or recognised by it. According to the bank,...

Weak Digital Economy Hindering Many African Countries' Growth – World Bank   The World Bank has advised Nigeria and other African countries to focus on digital development as too many of Africa’s expanding youth population will be denied the opportunity to...