60M Nigerians Spend ₦55M Daily on Gambling - SEC
Nigeria's Securities and Exchange Commission warns about the dangerous shift from productive investments to gambling addiction, with staggering daily spending figures.
Category : Search result: knowledge economy
Naira Soars to 10-Month High Against Dollar
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Experts Urge CBN: Introduce ₦10,000 & ₦20,000 Notes
Leading Nigerian financial analysts are urging the Central Bank to introduce higher denomination notes to combat inflation and improve cash transaction efficiency across Nigeria's economy.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
G7 Moves to Counter China's Critical Minerals Dominance
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
Nigeria Reps Approve Tinubu Loan, Boost EFCC Powers
In a landmark parliamentary session, Nigeria's House of Representatives has greenlit President Tinubu's $2.34 billion loan while empowering the EFCC with unprecedented authority to confiscate assets without criminal convictions, sparking mixed reactions a
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Nigeria Slumps to 18th in Africa Investment Ranking
Nigeria has dropped to 18th place in the latest 'Where to Invest in Africa' report, raising concerns about the country's investment climate and economic competitiveness.
Shipping Delays Threaten Africa's Free Trade Dream
Critical infrastructure deficits and persistent shipping delays are threatening to derail the African Continental Free Trade Area's ambitious targets, putting $3.4 trillion economic opportunity at risk.
Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
US Government Shutdown Threatens Economic Data Blackout
The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.
NZ Farmers Sell Dairy Division to French Giant Lactalis
In a groundbreaking move that's stirring controversy, New Zealand's largest dairy cooperative approves sale to French giant Lactalis, leaving farmers divided and experts calling it economic madness.
Nigeria Launches First AI Chatbot for Informal Economy
Groundbreaking AI technology arrives in Nigeria's informal sector, providing digital assistance to millions of small business owners and traders across the nation.
Nigeria's Money Supply Drops 1.58% in September
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
MainOne Launches Sovereign Cloud Platform in Nigeria
MainOne, a leading West African digital infrastructure company, has unveiled its groundbreaking Sovereign Cloud platform, positioning Nigeria to capture a significant share of the projected $5 billion regional cloud market while ensuring data sovereignty
Milei's Economic Shock Therapy: Tax & Labour Reforms
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
Green Shipping: Africa's Economic & Environmental Future
Discover how sustainable maritime technology could revolutionize Africa's economy while combating climate change. Learn about green shipping opportunities for the continent.
Obasanjo's Leadership Legacy and Nigeria's Challenges
A critical examination of former President Olusegun Obasanjo's tenure reveals how his policies and leadership style continue to impact Nigeria's economic and political landscape today.
Senate Approves Tinubu's Loan Request - Details
Nigeria's Senate has granted approval for President Bola Tinubu's loan request, marking a significant development in the country's economic strategy. Discover the full details and implications of this crucial decision.
Tinubu Pushes Digital Workforce Revolution in Nigeria
President Bola Tinubu reaffirms commitment to creating a digitally-driven Nigerian workforce through comprehensive training programs and technological infrastructure development.
South Africa Eyes Major EU Trade Deal Under Ramaphosa
President Cyril Ramaphosa is negotiating a strategic tariff agreement with the European Union to strengthen South Africa's economic position and create new opportunities for local businesses.
Students Demand Full Crude Allocation to Dangote Refinery
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
Care Work Becomes Nigeria's Economic Engine for Women
Discover how Global Health Services is transforming care work into a thriving economic sector for Nigerian women, creating jobs and boosting local economies through innovative training programs.
Care Work: Nigeria's New Economic Engine for Women
Discover how Nigeria's care economy is transforming women's economic participation and creating sustainable livelihoods across the nation.
Boeing Reports $5.4B Loss, 777X Delays Extended
Aviation giant Boeing faces financial turbulence with huge losses and extended delays for its flagship 777X aircraft, impacting global aviation industry.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
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