Economy

Determined to gather credible data on the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) has partnered with the National Bureau of Statistics (NBS) to hold a two-day sensitisation workshop for companies...

By Ere- Ebi Agedah Imisi It’s been barely 3 days that in its latest macroeconomic performance and outlook report for 2024, the African Development Bank (AfDB) raised concerns over the escalating prices of fuel and other...

By Lucy Adautin  Russia and China have rattled financial markets with their announcement of abandoning the US Dollar in commercial transactions. This decisive action represents a significant turning point in economic history, questioning the dominance of...

By John Ikani According to the International Monetary Fund (IMF), Africa is set to be the second fastest-growing economic region in the world with a 4% growth forecast this year. While that strikes readers as good...

In keeping with Nigeria’s leadership role in the development of Local Content in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) has concluded a two-day Local Content development experience-sharing session with a delegation from Mozambique’s...

By Lucy Adautin Egypt has officially shifted away from using the US Dollar in trade, aligning with the BRICS de-dollarization strategy. It was among five countries that accepted an invitation to join the alliance during its...