By Nana Musa The Director of the African Department in the International Monetary Fund (IMF), Abebe Selassie, says Sub-Saharan Africa shows resilience amid global economic headwinds. Selassie said this during a news conference on the regional economic outlook for Sub-Saharan Africa at the 2025 Annual Meetings of the IMF andContinue Reading
By Kadiri Abdulrahman The International Monetary Fund (IMF) says the global economy has improved tremendously amid uncertainty. The IMF Managing Director, Kristalina Georgieva, gave the description in Washington while making a presentation on the “Global Policy Agenda” at the ongoing Annual Meetings of the World Bank Group. According to Georgieva,Continue Reading
By Rukayat Moisemhe Bank of Industry (BoI) has signed a Memorandum of Understanding (MoU) with Bumpa, a Nigerian digital platform, to empower youth-led Micro, Small and Medium Enterprises (MSMEs) through digital innovation and expanded market access. Dr Olasupo Olusi, Managing Director,Continue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September; its lowest point in three years. The CBN Governor, Yemi Cardoso, said this in a statement on Thursday in Washington. Cardoso cited new data, releasedContinue Reading
By Nana Musa The Chairman of Heirs Holdings and United Bank for Africa (UBA), Tony Elumelu, has urged African governments to unlock the continent’s vast pension funds. Elumelu made the call during the inauguration of the white paper on mobilising over four trillion dollars untapped domestic capital across Africa, presentedContinue Reading
By Adebola Adegoke Mantrac Nigeria, the sole authorised Caterpillar equipment representative in the country, has reaffirmed commitment to Nigeria’s industrial and infrastructure growth with its new digital service centre. The digital centre monitors equipment performance remotely, conducts virtual inspections, and proactively responds to faults or irregularities beforeContinue Reading
By Nana Musa/Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN Governor, Yemi Cardoso, gave the assurance in Washington, while addressing investors at the Nigeria Investors Forum held on theContinue Reading
By Taiye Olayemi National Pension Commission (PenCom) has assured that all Federal Government workers retiring between October and December this year will receive their pension benefits before Dec. 15. PenCom Director-General, Ms Omolola Oloworaran, gave the assurance during the opening of a two-day sensitisation workshop forContinue Reading
By Nana Musa/Abdulrahaman Kadiri Washington, Oct. 15, 2025 (NAN) Chairman, Heirs Holdings, Tony Elumelu, has called for a deliberate and coordinated global effort to invest in Artificial Intelligence (AI) and digital infrastructure across Africa to unlock the content’s productivity potential. Elumelu made the call on Wednesday, in Washington at aContinue Reading
By Taiye Olayemi The stock market reversed losses by 0.02 per cent on Wednesday, recording N20 billion gain for investors after a day’s negative run. The positive performance was due to returned investors interest in stocks like Skye Shelter Fund, Royal Exchange, International Energy Insurance, Julius Berger, Omatek and 29Continue Reading
