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By the end of 2021, Nigeria’s GDP is likely to approach its 2010 level.
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The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
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By the end of 2021, Nigeria’s GDP is likely to approach its 2010 level.
Godwin Emefiele, governor of the CBN, disclosed this in Abuja on Tuesday.
In Nigeria alone, loan app installations grew by 43.3%, financial services grew by 34.6%, and investment apps by 20.3%.
In its latest monthly price index, the Food and Agriculture Organisation (FAO) said the world food price index increased in May — highest level...
The investment would support sustainable economic recovery and growth in Africa for the next five years.
According to the Debt Management Office (DMO), the total borrowing by Nigeria from China stood at $3.12 billion as at March 31, 2020.
Russell Okung, a self-acclaimed Bitcoin proponent, advised Nigeria to focus on achieving “economic independence and financial sovereignty” by establishing a Bitcoin standard.
Ahmed said the federal government is looking at various sources to enhance the revenue basket of the nation.
Sunrise Power had, on October 10, 2017, dragged Nigeria to arbitration at the court seeking a $2.354 billion award for “breach of contract”.
The World Bank recently said businesses in Nigeria lose about $29 billion annually because of unreliable electricity.