economy

The Manufacturers Association of Nigeria has called on the President-elect, Bola Ahmed Tinubu, to prioritise key areas of the economy when he assumes office, to grow the nation's economy. In a document titled "Expectations from…

Digital technologies have the potential to create $13 trillion in economic value by 2025, a study by McKinsey, has revealed. The Director General of National Information Technology Development Agency (NITDA),Mallam  Kashif Inuwa…

Egypt’s urban inflation accelerated at its fastest pace in five years as several rounds of currency devaluation filtered through to consumers. Prices increased an annual 21.3% in December from 18.7% the previous month, the state-run…

The Lagos Chamber of Commerce and Industry has projected that the Information Communication Technology, manufacturing are among sectors that would be the major drivers of the economy in 2023. The chamber in a statement titled “LCCI New…

The Nigerian government says it welcomes more foreign direct investments in renewable energy,  Agriculture and Horticulture sectors. Minister of State for Industry Trade and Investment, Amb Maryam Katagum while speaking to a…

The presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, says he will address poverty, insecurity and solve all economic problems bedeviling the country, if he is elected Nigeria’s President in 2023. He…

Ghanaian president Nana Akufo-Addo, has addressed the nation to explain the raft of measures his government will be taking to see its way out of financial turmoil, including measures to support domestic production. Among these measures,…

The new British finance minister Jeremy Hunt has reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil. He has also reined in a vast energy subsidy plan, saying the…

Nigeria's President, Muhammadu Buhari says his administration has improved the economy of Nigeria by lifting millions of its citizens from poverty. The President made the declaration in a nationwide broadcast to mark the 62nd …

The Nigerian government says plans are underway to raise the annual production capacity of cashew nuts to over 500,000 metric tonnes. The Nigerian Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo said this during a press…