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Nigerian Products will Add Value to your Markets – Tinubu Tells Korean Envoy

Nigerian Products will Add Value to your Markets - Tinubu Tells Korean Envoy President Bola Tinubu has said Nigeria's investment climate has been bolstered by critical new reforms, with an array of opportunities across sectors for investors. Speaking during the presentation of a letter of credence...

$30bn Required as Financial Institutes Partner to Provide 300m Africans Electricity

$30bn Required as Financial Institutes Partner to Provide 300m Africans Electricity The World Bank and African Development Bank (AfDB) have struck a partnership arrangement to boost access to electricity in Africa. The partnership, according to the lenders, would provide at least 300 million people in Africa...

Saudi Arabia Achieves 27M Foreign, 77M Domestic Tourists Targets in 2023

Saudi Arabia Achieves 27M Foreign, 77M Domestic Tourists Targets in 2023 Saudi Arabia has surpassed its 2030 tourism goals with record-breaking figures for 2023. According to the latest data, the Kingdom successfully welcomed 27 million foreign visitors and 77 million domestic tourists last year, exceeding...

Nigeria Oil Output Drops 6.8% to 1.23 mbpd as Libya Emerges Africa’s Highest Producer

Nigeria Oil Output Drops 6.8% to 1.23 mbpd as Libya Emerges Africa's Highest Producer Libya has emerged as the highest crude oil producer in Africa following the drop of Nigeria’s output by 6.8 per cent to 1.23 million barrels per day in March 2024, from...

Oil Demand to Grow by 2.2 million Barrel Daily – OPEC

Oil Demand to Grow by 2.2 million Barrel Daily – OPEC The Organisation of Petroleum Exporting Countries (OPEC+) has further extended its oil production cuts this month, with a target to push oil price to $100 a barrel. The decision was anything but unexpected and, unlike...

Nigeria, Ethiopia, Others Record Fastest Rise In Food Inflation – World Bank

Nigeria, Ethiopia, Others Record Fastest Rise In Food Inflation – World Bank Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the sub-Saharan African (SSA) countries that recorded the fastest rise in food inflation in February this year, according to a new report by the World...