Tag: Economy

Nigeria Secures $328.8M Deal with CMEC to Boost National Power Grid

The Federal Government has inked a $328.8 million agreement with China Machinery…

Genesis Obong

Pension Funds Fuel Nigeria’s Real Sector with N5.5 Trillion Investment Surge

Nigeria's Pension Fund Administrators (PFAs) have significantly ramped up their investments in…

Genesis Obong

Nigeria Petrol Prices: Region’s Lowest, But Economic Ripples Persist

Nigeria currently boasts the lowest petrol prices in West Africa, a fact…

Genesis Obong

Renewable Energy Association Decries Planned Solar Panel Import Ban

The Renewable Energy Association of Nigeria (REAN) has voiced strong opposition to…

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Nigeria Achieves $6.83 Billion Balance of Payments Surplus

The Central Bank of Nigeria (CBN) has announced a substantial economic recovery…

Oluwadara Akingbohungbe

Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports

The Central Bank of Nigeria (CBN) has announced that personal remittances into…

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Nigeria’s Economic Turnaround: $6.83 Billion Surplus Signals Reform Success

Nigeria's financial landscape has experienced a significant shift, with the nation recording…

Genesis Obong

Nigeria Eyes $200 Billion Yearly Boost Through Strategic Space Industry Regulation

In a bold move signaling a significant push towards economic diversification and…

Genesis Obong