Economy

By John Ikani The Nigerian National Petroleum Company (NNPC) Limited has obtained approval to enter into an agreement with ECOWAS for the construction of the Nigeria-Morocco Gas Pipeline. The approval was given by The Federal Executive...

By John Ikani  Nigerians on social media have taken turns to berate President Muhammadu Buhari and the Minister of Aviation, Hadi Sirika over the government’s failure to deliver the much advertised proposed national carrier - Nigeria...

By Emmanuel Nduka The International Monetary Fund (IMF) has warned the Nigerian Government that its spending on subsidies could hit a record N6trillion by the end of this year. With Nigeria’s fuel subsidy payout averaging N500...

By John Ikani  Malawi announced a 25 percent devaluation of its currency on Thursday in a bid to shore up dwindling foreign exchange reserves and curb inflation. Announcing the move in a statement on Thursday, Central...

By Emmanuel Nduka The Nigeria Sovereign Investment Authority (NSIA) says it has signed a deal with OCP Group, a Moroccan company, to build a fertiliser plant in Akwa Ibom State, South South Nigeria. Managing Director and...

By Emmanuel Nduka David Malpass, President of the World Bank Group, has warned of global recession in the heat of the Russian-Ukraine war that has threatened food and energy, especially among developing countries. Malpass issued the...