Nigeria, Others Named IFC’s Biggest Debtors – Report Nigeria, the most populous country in Africa, ranked among the top 10 debtors on the list of the International Finance Corporation in fiscal year 2023. IFC disclosed this in its full-year financial report for 2023. Nigeria appeared in the...

FG Projects 750,000 Jobs with Gas Initiative by 2027 The Project Director and CEO of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, has revealed that the Federal Government plans to create 750,000 jobs by 2027 through the gas initiative. He revealed this at the PCNGi’s...

As Tinubu Moves to Rev up Economic Recovery with Consumer Credit  By Temitope Ajayi As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the Federal Government is set to launch a massive consumer...

NBS Blames Inflationary Figures on Rising Food Prices  By Zekeri Idakwo The latest food price watch data from the National Bureau of Statistics (NBS) indicated a continued rise in the cost of staple foods such as rice, beans and beef, which had a significant impact on...

ACCI Urges FG to Simplify Taxes, Regulatory Framework for Businesses The Abuja Chamber of Commerce and Industry (ACCI) has urged the federal government to simplify taxes and overlapping regulatory functions that have led to the closure of many businesses in previous years. The President of the...

Price of Local Rice Rises 73% in 2023 – NBS The increasingly high cost of production, transportation and other factors have caused the price of one kilogramme of local rice to jump by 73.2 per cent in one year. This happened despite a multi-billion naira funding...