Central bank of Nigeria hikes policy rate again after inflation uptick
November 26, 2024 Nigeria’s central bank raised its key interest rate for the sixth time this year on Tuesday, citing renewed inflationary and exchange rate pressures in Africa’s most populous…
Tinubu welcomes revamp of Port Harcourt Refinery, directs NNPCL to fix Warri, Kaduna refineries
President Bola Tinubu extends his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalization of the Port Harcourt refinery, marked by the official commencement of…
Global uncertainties suppress investment in Africa – UNDP
Nov. 26, 2024 The United Nations Development Programme (UNDP), says global uncertainty over wars can lead to diminished investments critical for Africa’s growth. Dr Raymond Gilpin, the Chief Economist and…
B-R-E-A-K-I-N-G: Port Harcourt refinery begins operation as NNPC Ltd. inspects first lifting of petroleum product
Nov. 26, 2024 ….Plant Begins Truck-out of Products The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) through the Port Harcourt Refining Company Limited (PHRC)…
Konga Yakata in final week buzz: Shoppers anticipate last-minute deals
Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week. Shoppers nationwide are gearing up for a rain of last-minute…
Better days ahead, says Tinubu; welcomes Q3 GDP growth
President Bola Tinubu has assured Nigerians of better economic output as the economy continues to expand following the newly released third quarter Gross Domestic Product report by the National…
Nigeria marks 25 years in space, to launch 4 satellites – Tinubu
Nov. 25, 2024 President Bola Tinubu says Nigeria will launch four satellites within the timeline of his administration’s Renewed Hope Agenda. Tinubu said this on Monday at the opening ceremony…
Nigeria’s GDP Grew By 3.46% In Q3 2024, fuelled by services – NBS
November 25, 2024 Nigeria’s economy grew 3.46% year-on-year in the third quarter of 2024, quicker than in the first two quarters of the year, the National Bureau of Statistics (NBS)…
Tackling poverty as top priority for Tinubu’s administration: Yilwatda’s strategy for change
Nigeria’s poverty rate has become an alarming challenge, one that Professor Nentawe Goshwe Yilwatda, the newly appointed Minister of Humanitarian Affairs and Poverty Alleviation, is determined to address. In 2023,…
AEC2024: 40% of African nations are in debt crisis – ECA
Nov. 25, 2024 The United Nations Economic Commission for Africa (ECA) says 40 per cent of African nations are in debt distress or at high risk, with most spending more…