Economy

Nigeria’s GDP slows to 2.31% in Q1’23 amid cash scarcity, says NBS

By Luther Animashaun & Onome Amuge Nigeria's economic growth rate slowed to 2.31 per cent in the first quarter of…

UK inflation falls to 8.7% in April

By Luther Animashaun  The Office for National Statistics (ONS) has announced that the Consumer Prices Index (CPI) of the United…

Dangote Refinery to reposition Nigeria as leading economy in the world, says Dangote

By Cynthia Ezekwe  The Dangote petroleum and petrochemical refinery, which has gulped an estimated $18.5 billion has been  positioned on…

Lagos Free Zone GDP contribution to hit $12bn in 2032, says promoters

By Cynthia Ezekwe  Promoters of the Lagos Free Zone (LFZ), have projected a significant rise in the revenue generation from…

AU Commission, Gavi sign MoU to drive vaccines access in Africa

   By Ben Eguzozie   The African Union Commission (AUC) and Gavi, the Vaccine Alliance (Gavi), recently signed a Memorandum…

KPMG warns Nigeria’s debt profile will cause fiscal woes for next administration

By Onome Amuge Professional services firm, KPMG, has warned that Nigeria’s debt  service to revenue ratio may exceed 100 percent…