Business & Economy

High food inflation impacts Nigeria and other countries the most, states World Bank

The World Bank's recent Food Security Update highlighted that Nigeria and several other nations in Africa, North America, and Latin America are grappling with...

OPEC emphasizes that the projected growth of 2.2 million barrels per day in 2024

The Organization of the Petroleum Exporting Countries (OPEC) anticipates that its projected 2.2 million barrels per day economic growth for 2024 will play a...

Worsening insecurity and economic challenges anticipated in six states, according to the World Bank

The World Bank has forecasted persistent insecurity, armed conflict, and worsening livelihoods in specific regions of Nigeria, including Borno, Kaduna, Katsina, Sokoto, Yobe, Zamfara...

Nigeria is set to commence supplying gas to South Africa starting in 2024

Riverside LNG, an energy company based in Nigeria, is currently in discussions to supply gas to South Africa starting from the first quarter of...

Nigerian firms amass an enormous cash reserve of N2.3 trillion, marking the largest accumulation in recent history

Nigerian corporations entered the last quarter of the year boasting a record-breaking cash reserve of N2.3 trillion, marking the highest balance in recent memory. This...

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