HomeTagsEconomic Growth

Economic Growth

Court Pauses $111 Million Loan Case Involving Emeka Offor

A London court pauses the Emeka Offor loan dispute, giving Kaztec Engineering space to negotiate a path out of a $111 million debt clash.

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.

How State Governors Influence Nigeria’s Development

State governors play a key role in Nigeria’s development, driving growth through policies, resource management, and security initiatives.

Tinubu Promises Better Times for Nigerians in 2025

Economic growth by 2025 will usher in brighter days for Nigerians: Tinubu.

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.

Nigeria’s Largest Local Investment Faces Significant Challenges

Nigeria's largest local investment, the Dangote Refinery and Petrochemical Plant, faces significant challenges, but promises economic growth and job creation.

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

Dangote Criticizes CBN High Interest Rates, Calls for Policy Reforms

Aliko Dangote addresses stifling interest rates and the need for supportive policies to boost Nigeria’s manufacturing and economic potential.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

Oil Production Boosts Planned for Akwa Ibom State

Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.

Federal Government to Create 2.5 Million Jobs Through LEEP

The Federal Government of Nigeria launches the Labor Employment and Empowerment Programme (LEEP), targeting the creation of 2.5 million jobs in an effort to reduce poverty and promote economic growth.

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Tinubu Launches Bold Plan to Revive Nigeria’s Economy

In an assertive move to bolster Nigeria's economy, President Bola Tinubu has unveiled a...

Tinubu, Lula da Silva Forge Stronger Nigeria-Brazil Ties in Ethiopia

Nigeria and Brazil's presidents pledge to enhance bilateral relations, emphasizing economic partnerships and the need for direct air connectivity.

Latest articles

Court Pauses $111 Million Loan Case Involving Emeka Offor

A London court pauses the Emeka Offor loan dispute, giving Kaztec Engineering space to negotiate a path out of a $111 million debt clash.

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.

Auditor Faults NNPC Over £14 Million London Office Spending

Nigeria’s auditor flags £14.3 million in unverified spending at NNPC’s London office, intensifying scrutiny of the oil company’s financial controls