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Black Market Halts Trading as Naira Slides to ₦1,565/$

Black Market Halts Trading as Naira Slides to ₦1,565/$ Trading activities in the parallel market came to a standstill on Monday, August 4, following the persistent depreciation of the naira against the US dollar over the past week. Currency dealers in Abuja told Economic Confidential that...

BoI Promises Transparency in N75bn MSMEs Intervention Fund

Bank of Industry (BoI) has reiterated its commitment to improving access to affordable financing for the Micro Small and Medium Enterprises (MSMEs) by the continuous disbursement of the N75 billion intervention fund aimed at empowering MSMEs, creating over 75,000 direct jobs and 150,000 indirect jobs nationwide.

Nigeria Gets Eight Agro-industrial Hubs from AfDB

Eight Special Agro-Industrial Processing Zones have been completed by the AfDB and its partners in Nigeria under Phase I, while 28 more are in the pipeline across the country.

AI and the Battle for Truth in the Digital Age, By Khadijah Lawan Muhammad

AI and the Battle for Truth in the Digital Age By Khadijah Lawan Muhammad It always strikes me as ironic that to determine whether a text is AI-generated, we must consult another AI tool. Likewise, to verify if an image or video is a deepfake, we...

NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims

NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims The Arewa Economic Forum (AEF) has called on the Federal Government to provide an official clarification regarding reports that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr....

President Tinubu’s Second Term to Propel Unending Growth in Nigeria, Olaosebikan

President Tinubu’s Second Term to Propel Unending Growth in Nigeria, Olaosebikan A chieftain of the All Progressives Congress (APC), Mr. Kehinde Olaosebikan has expressed confidence that President Bola Ahmed Tinubu’s second term would propel an unending growth and development in Nigeria. Speaking with media correspondents in...