Business & Economy

Nigeria and Morocco expedite discussions on a $30 billion gas pipeline

The Nigerian government has escalated talks with Morocco to expedite the Final Investment Decision on the $30 billion Nigeria-Morocco Gas Pipeline. Discussions between the Minister...

The Naira experiences a decline in the parallel market, concluding the day at 900 Naira per US dollar in the official window

The Nigerian naira reached a historic low of N1,400/$ in the parallel market on Thursday, despite the Central Bank of Nigeria's efforts to stabilize...

British representative Fubara engages in talks about potential economic prospects

The British High Commissioner to Nigeria, Mr. Richard Montgomery, engaged in talks with Rivers State Governor, Siminalayi Fubara, on Wednesday, focusing on bolstering the...

The World Bank anticipates a 3.7% expansion in the Nigerian economy for the year 2025

The World Bank's latest report, titled "Global Economic Prospect: Subdued Growth, Multiple Challenges," forecasts a 3.7% growth in Nigeria's Gross Domestic Product (GDP) for...

Maize and paddy rice prices are expected to increase in 2024, according to AFEX

AFEX predicts a 25% and 40% increase in maize and paddy rice prices, respectively, in Nigeria this year, as outlined in their recent report...

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