USADF Boss Visits Nigeria to Engage Grantees, Govt Officials
The President/CEO of the U.S. African Development Foundation (USADF), Travis Adkins, will visit Nigeria this week. His visit follows the
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Economics
Tinubu’s ‘Heavy Baggage’ Weighing on Investor Risk Appetite – FDC
President Bola Tinubu’s heavy baggage is weighing on business confidence and investor risk appetite, analysts at the Financial Derivatives Company
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56 Poor Countries Got $30bn Zero-Interest Loans in Four Years – IMF
The International Monetary Fund said 56 countries have benefitted from zero-interest lending to the tune of $30 billion through the
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Economy of Scale – How to Grow Anything
In the world of business and industry, one concept reigns supreme when it comes to efficiency and profitability: economy of
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Inflation will jump to 27.57% on naira, diesel: FDC
Nigeria’s headline inflation for September is projected to jump to 27.57 percent on the back of naira weakness and the
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Naira resumes fall as CBN leaves investors in wait-and-see mode
The Nigerian currency has resumed its decline against the dollar and other major currencies on the parallel market as investors
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Nigeria seen moving to reschedule debt, secure IMF support
With the Nigerian economy grappling with “excruciating debt service”, the country will make moves to reschedule its external debt and
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Moody’s downgrade puts Egypt on par with Nigeria
Moody’s Investors Service has cut the long-term foreign and local currency issuer ratings of the Government of Egypt to Caa1
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Strike averted as FG, labour reach 15 agreements
Arising from the withdrawal of subsidy on Premium Motor Spirit (PMS) by the Federal Government and the resultant increase in
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Price war with Dangote looms as BUA Cement announces 36% cut
BUA Cement announced a reduction of its ex-factory cement price to N3,500/bag effective October 2, 2023, down from N5,000-N5,500, raising
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