Economy

By Emmanuel Nduka  Meta Platforms Inc., the parent company of Facebook and Instagram, has warned it may shut down access to both platforms in Nigeria following hefty fines imposed by the country’s regulatory authorities. Three Nigerian...

Dr Akinwumi Adesina, President of the African Development Bank (AfDB), has issued a stark warning about Nigeria's economic trajectory, stressing the urgent need for industrialisation to avert further decline and uplift millions from poverty by 2050....

Nigeria has solidified its position as Africa’s leading hub for Web3 development, contributing 4 percent of all new global Web3 developers, the highest share of any African nation, according to a new report by venture capital...

By Emmanuel Nduka After earlier claiming that the sum of N71.2billion was missing from the Nigerian Education Loan Fund (NELFUND), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has issued a "clarification" statement, explaining...

After months of tough negotiations, the United States and Ukraine have agreed to share future profits from the sale of Ukraine’s energy and mineral resources. The deal is intended to encourage continued American investment in Ukraine’s...

By Emmanuel Nduka  The Nigerian government has announced plans to critically examine and potentially renegotiate existing international trade agreements that may no longer align with the country’s economic interests, particularly as it deepens its involvement in...