Ngozi Okonjo-Iweala Leads Launch of $50m WEIDE Fund in Nigeria to Boost Women in Digital Trade Nigeria on Thursday hosted the grand launch of the Women Exporters in the Digital Economy (WEIDE) Fund, a $50 million initiative jointly managed by...

Okonjo-Iweala Meets Tinubu, Calls for Stronger Social Safety Nets Amid Economic Reforms Former Coordinating Minister of the Economy and current Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Federal Government to strengthen social safety nets...

Naira Appreciates to ₦1,540 Against Dollar in Black Market The naira strengthened against the US dollar on Friday, August 15, gaining ₦20.33 in the parallel market. Currency traders in Abuja told Economic Confidential that reduced demand for dollars contributed to the...

FEC Approves $125m IsDB Loan for Abia’s Infrastructure Development Abia State Government has received approval from the Federal Executive Council (FEC) for a $125 million loan from the Islamic Development Bank (IsDB) to fund its Integrated Infrastructure Development Project. The announcement...

Okonjo-Iweala Applauds Tinubu on Economic Reforms, Stability The Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, on Thursday commended President Bola Tinubu for working to stabilize Nigeria’s economy, saying reforms under his administration are moving in the right direction. Speaking...

Naira Depreciates to 1560/$ in Black Market  The naira extended its decline against the US dollar on Thursday, August 14, marking a sustained fall in the parallel market since trading resumed on Monday. Currency dealers in Abuja told Economic Confidential that...