April 17
West Africa: IMF Raises Nigeria's Growth Forecast to 3.3 Percent
Leadership
The International Monetary Fund (IMF) on Tuesday, raised Nigeria's Gross Domestic Product (GDP) from 2.9 per cent in 2023 to 3.3 per cent in 2024, saying that there is improved… Read more »
Gambia: Barrow Meets Ferry Engineers in Surprise Visit
The Point
In a demonstration of leadership and commitment to the welfare of citizens, His Excellency, President Adama Barrow, paid a surprise visit to engineers working on the recently… Read more »
Liberia: Boakai's 100-Day Road Deliverables On Course
New Republic
Public Works Minister, Roland Layfette Giddings has assured that the President Joseph Nyuma Boakai's 100-Day Deliverables Project is well course on. Read more »
Nigeria: Naira Abuse - 'No More Spraying of Money', Portable Begs EFCC
Vanguard
Street-pop artiste, Habeeb Okikiola, popularly known as Portable, has appealed to the Economic and Financial Crimes Commission (EFCC) to forgive him for spraying money on his… Read more »
Nigeria: FG Suspends Mining Activities Within Obafemi Awolowo University, Environs [press release]
Premium Times
Mr Bamire, a professor, expressed gratitude to the minister for the audience, highlighting the capacity of the university to play an active role in exploration, research, and other… Read more »
Gambia: The Dilemma At Banjul-Barra Crossing Point!
The Point
Travelers (and commuters) plying the Banjul and Barra crossing are going through difficult times these days due to the breakdown of ferries plying this busy sea route. Read more »
Nigeria: 9mobile Clinches 2 Trophies At Sabre Awards 2024
Leadership
Organisers of the SABRE awards have judged 9mobile winners in two distinct categories - The SABRE Award for Superior Achievement in Reputation Management and Special… Read more »
Nigeria: Naira Abuse - EFCC to Arraign Cubana Chief Priest Today
Leadership
Economic and Financial Crimes Commission (EFCC) will today arraign a businessman and socialite Pascal Okechukwu, also known as Cubana Chief Priest, before the Federal High Court in… Read more »
Nigeria: Debt Crisis - Kaduna Assembly Begins Probe of El-Rufai
Leadership
Kaduna State House of Assembly has set up a 13-man ad-hoc committee to investigate financial transactions, loans, grants and projects executed by the of Mallam Nasir el-Rufai… Read more »
Nigeria: Cost of Living - Government Policies Need to Wear Human Face [opinion]
Leadership
With galloping inflation that officially stands at 33.2 per cent, it has become trite to suggest that Nigerians have had to endure a lot recently. The hard times span the whole… Read more »
Nigeria: Save Rice Processors From Collapse, Stakeholders Beg FG
Leadership
Critical stakeholders in the rice processing sub-sector have appealed to the federal government to save their businesses from collapse. Read more »
Nigeria: No Issues With NUPENG, Ptd, Nogasa Boss Clears Air
Leadership
Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Tuesday clear the air over the purported crisis between it and other unions stating that it neither had any issues… Read more »
Nigeria: Equities Market Posts Biggest Loss in April As Investors Lose N1.1trn
Daily Trust
The Nigerian Exchange (NGX) market capitalisation recorded the biggest loss in the month of April with investors losing N1.1trn. Read more »
Nigeria: Tough Time to Be Entrepreneur in Nigeria [analysis]
Daily Trust
The Manufacturers Association of Nigeria (MAN) told us last month that 767 companies folded up in 2023, with 335 others distressed and obviously in danger of going down too. If the… Read more »
Nigeria: Fidelity Bank Grows Profit to N99.5bn in Fy 2023
Daily Trust
Fidelity Bank Plc. has released its 2023 full year Audited Financial Statements, reporting a profit after tax of N99.5 billion representing a 112.9% annual growth. Read more »
Nigeria: NAFDAC Bans Selling, Use of Dex Luxury Soap in Yobe
Daily Trust
The National Agency for Food and Drug Administration Control (NAFDAC) has banned the selling and use of Dex Luxury Bar Soap due to the presence of the chemical, butylphenyl… Read more »
Nigeria: Dangote Crashes Diesel Price to N1,000/Litre
Daily Trust
Dangote Refinery has crashed diesel price to N1,000 per litre, the Dangote Group disclosed this in a statement on Tuesday. Read more »
Nigeria: The Lagos-Calabar Coastal Highway Project
This Day
Although a laudable project, issues of transparency and accountability should be addressed Read more »
Nigeria: Rehabilitating Lagos-Kano Highway - A National Priority
Daily Trust
Nigeria's spending has been increasing exponentially, yet its effectiveness is constantly in dispute, whether in hard infrastructure, power, education, or any area of public… Read more »
Nigeria: Tinubu Inaugurates Single Window Project, Targets N2.7tr Revenue
Daily Trust
President Bola Tinubu yesterday inaugurated the steering committee for the Single Window Project, saying the initiative is expected to yield an annual economic benefit of around… Read more »
Nigeria: Illegal Operation - NCAA Begins Re-Evaluation of 100 Private Jets
Daily Trust
Private jet operators have been given 72 hours to submit relevant documents for re-evaluation by the Nigeria Civil Aviation Authority (NCAA). Read more »
West Africa: Nigeria's Fx Reserves Dip By Over $2bn in One Month, Lowest in 6 Years
Daily Trust
Nigeria's foreign exchange (FX) reserve has plunged by approximately $2.16 billion in 29 days, amidst the Central Bank of Nigeria's (CBN) robust efforts to stabilise the naira. Read more »
West Africa: Nigeria Can Grow Annual GDP By 12 Percent - Nipps DG
Daily Trust
The Director General of the National Institute for Policy and Strategic Studies (NIPPS), Prof. Ayo Omotayo, said the Nigerian economic growth rate can average 12 percent annually… Read more »
Nigeria: Gunmen Kill Driver, Abduct 16 On Abuja-Lokoja Road
Daily Trust
Gunmen have shot dead a bus driver and abducted his 16 passengers near Chikara village on the Abuja-Lokoja highway. Read more »
Nigeria: Naira Appreciation Will Impact Inflation Between Three to Six Months - - Teriba
Daily Trust
The chief executive of Economic Associates, EA, Dr Ayo Teriba, has said the recent Naira appreciation will impact the country's inflation between three to six months. Read more »