$900bn in dormant capital is immobilized within the real estate sector, according to PwC’s assessment
PricewaterhouseCoopers Nigeria estimates that Nigeria holds approximately $900 billion in dead capital, locked in residential real estate and agricultural land, as revealed in their...
FG commends Dangote for his efforts in driving economic diversification
The Federal Government has expressed gratitude to the Dangote Group for its contribution to diversifying the country's economy and commitment to best practices in...
CBN instructs banks to divest surplus dollars within a 24-hour timeframe
In an effort to stabilize the nation's exchange rate, the Central Bank of Nigeria has directed Deposit Money Banks to sell their surplus dollar...
Adelabu highlights that power firms are being impacted by unpaid debts and a shortage of gas
The Minister of Power, Bayo Adelabu, cited outstanding debts and insufficient gas supply as key factors hampering the optimal operation of power plants.
During his...
The International Monetary Fund (IMF) highlights that soaring inflation is causing significant challenges in Nigeria
Rampant inflation is causing considerable challenges in Nigeria, according to recent revelations by the International Monetary Fund (IMF).
During the January 2024 World Economic Outlook...
