Rising demand for the US dollar has kept the naira in a cage for the most part of the year. Amidst gory predictions, Nigeria’s local currency, the naira roared deep at the official market after losing 14% due to increased demand for the US dollar on Thursday.

The African Development Bank (AfDB), has called for more Japanese investments in Africa to harness the continent’s huge potential.

The Nigeria Customs Services (NCS), the Western Marine Command (WMC), has thwarted smuggling activities and intercepted contrabands worth over N900 million from August to October.

The 2023 African Investment Forum (AIF) Market Days boardrooms have secured 34.82 billion dollars in investment interest during its three days session in Morocco.

The Federal Government says it will start charging owners of completed unoccupied houses triple ground rents instead of the single rate normally charged from three months after completion.

The African Development Bank (AfDB) president Akinwumi Adesina has called for more Japanese investments in Africa to harness the continent’s huge potential.

Gov. Ademola Adeleke of Osun on Thursday presented the sum of N273.9 billion 2024 Appropriation bill to the state house of assembly.

The burden of higher debt costs to service Kenya’s total public debt has been noted to be negative to the nation’s credit profile amidst government efforts to drive economic growth.

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue-generating agencies remitted ₦14.38 trillion as revenue from the extractive sector to the federation account between January 2020 and December 2021.

While inflation has slowed, the journey down to 2% is not over and the Federal Open Market Committee will act as needed, Federal Reserve Chair Jerome Powell said in prepared remarks during a live panel discussion at the 24th Jacques Polak Annual Research Conference.