By Lucy Ogalue The African Development Bank (AfDB) has called for stronger investment-led growth strategies to help African economies withstand rising global uncertainty and geopolitical tensions. The recommendation is contained in the 2026 African Economic Outlook presented at the AfDB Annual Meetings in Brazzaville on Tuesday. Prof. Kevin Urama, ChiefContinue Reading
By Lucy Ogalue The African Development Bank (AfDB) Group President, Sidi Ould Tah says 12 of the world’s 20 fastest-growing economies are in Africa. Tah said this while inaugurating the 2026 African Economic Outlook of the bank at the ongoing AfDB Annual Meetings in Brazzaville on Tuesday. “The report saysContinue Reading
By Lucy Ogalue The President of the African Development Bank (AfDB), Sidi Ould Tah, has called for urgent reforms to unlock Africa’s estimated four trillion dollars in domestic savings. Tah made the call at the official opening of the 2026 AfDB Annual Meetings in Brazzaville, Democratic Republic of Congo onContinue Reading
By Lucy Ogalue Nigeria and other West African countries’ economy is projected to remain stable at 4.7 per cent in 2026. This is according to the 2026 African Economic Outlook released by the African Development Bank (AfDB) on Tuesday at the ongoing Annual Meetings of the bank. . The AfDBContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI), has urged policymakers to simplify tax compliance, eliminate multiple taxation and implement reforms that promote growth, investment and strengthening of public trust. Dr Aliyu Hong, Chairman, National Policy Advocacy Centre (NPAC), ACCI, said this at a stakeholders’ tax roundtable,Continue Reading
By Martha Agas Nigeria and Türkiye have signed a Memorandum of Understanding (MoU) on strengthening bilateral cooperation in the solid minerals sector, to strengthen economic ties between both countries. The agreement was signed by Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake and Alparslan Bayraktar, Türkiye’s Minister of EnergyContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.89 per cent in the first quarter of 2026 on a year-on-year basis. The NBS stated this in the Nigerian Gross Domestic Product Report Q1 2026 released in AbujaContinue Reading
By Adeola Akinbobola The President, Nigeria Consumer Protection Network, Mr Kunle Olubiyo, says Nigeria’s electricity sector continues to suffer massive revenue losses due to widespread energy theft and obsolete metering systems. Olubiyo, noted this in an interview with News Agency of Nigeria (NAN) on Monday in Abuja. Energy theft occursContinue Reading
By Grace Alegba Stakeholders at the maiden Enterprise Security Risk Management Conference in Lagos have called for stronger collaboration, intelligence-driven systems and technology-based solutions to address Nigeria’s evolving security threats. The conference, organised by the Association of Enterprise Risk Management Professionals (AERMP) in Lagos, had the theme: “Repositioning Enterprise SecurityContinue Reading
By Ijeoma Popoola Canada has announced more than $30 million new support for initiatives in Nigeria and across West Africa. The Secretary of State for International Development, Canada, Mr Randeep Sarai, announced this at a reception organised in his honour by the Canadian Deputy High Commission on Friday nightContinue Reading
