Economy

By Emmanuel Nduka Obisue  Canada has denied 1,596 asylum claims filed by Nigerians so far in 2025, new data from the Immigration and Refugee Board (IRB) reveal. The figures, updated to August 21, show that Nigerian...

By Emmanuel Nduka Obisue  The African Export-Import Bank (Afreximbank) has signed a landmark memorandum of understanding (MoU) to mobilise $500 million over the next four years for transformative gas infrastructure projects in Nigeria. The agreement, signed...

By Emmanuel Nduka Obisue  The African Development Bank (AfDB) has said Africa’s transition states will require $210 billion annually to achieve sustainable structural economic transformation. Dr Abdul Kamara, Director-General, Nigeria Country Department of the AfDB, disclosed...

By Emmanuel Nduka Obisue  The Nigeria Tax Administration Act (NTAA) has introduced new measures that make the use of Tax Identification Numbers (Tax ID) mandatory for certain financial and business transactions. To clear the air, the...

By Ebi Kesiena The Nigerian Government has commenced a comprehensive personnel audit and skills gap analysis of the nation’s civil service, in what officials describe as a decisive step toward building a future-ready workforce. The exercise...

By Enyichukwu Enemanna India has agreed to commit the sum of $680 million into the economy of Mauritius, aiming to bolster healthcare, infrastructure and maritime security projects in the Indian Ocean country, stamping its influence over...