Trade volume between Russia and Kazakhstan exceeded 28 billion dollars, while Russian exports increased by almost five per cent at the end of 2024, according to Kazinform, a partner of TV BRICS. Kazinform said that the main growth emanated from machinery, transport, chemicals, and minerals. More than 70 major investmentContinue Reading
By Nana Musa The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026. The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the ongoing IMF/World Bank 2025 Spring MeetingsContinue Reading
By Okeoghene Akubuike Africa’s real Gross Domestic Product (GDP) is projected to grow by 4.0 per cent in 2025, in spite global economic fragility, says Afreximbank Research Report. The 2025 African Trade and Economic Outlook (ATEO) Report, a research by Afreximbank, said Africa’s real GDP is projected to reachContinue Reading
Economy By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government has unveiled a comprehensive economic plan for sustainable development. Edun disclosed this in a statement issued by the Ministry’s Director of Information and Public Relations, Mr Mohammed Manga, onContinue Reading
By Fortune Abang The Government of China has inaugurated its 2025 economic Roadmap centred on bolstering five per cent GDP growth, innovation and investment. The News Agency of Nigeria (NAN) reports that the roadmap is centred on boosting consumption, innovation and technology, fiscal and monetary policy implementation, as well asContinue Reading
By Vivian Emoni The Federal Ministry of Industry, Trade and Investment has expressed commitment to creating a sustainable environment for the private sector and other stakeholders to compete favourably and drive economic growth and productivity. Dr Jumoke Oduwole, the Minister of Industry. Trade and Investment, made the commitment at aContinue Reading
By Naomi Sharang Gov. Ahmed Ododo of Kogi has lauded President Bola Tinubu’s commitment to improving energy access as an economic catalyst for growth and development of the nation. Ododo gave the commendation in Abuja on Tuesday, during a roundtable on “Rural Electrification and Strategy Implementation” organised by Rural ElectrificationContinue Reading
By Sumaila Ogbaje King Mohammed VI of Morocco has expressed commitment to structural reforms, and aligning administrative and developmental efforts with the broader vision for sustainable and inclusive growth. The king made the commitment in his message read by the Interior Minister, Abdelouafi Laftit, to the participants atContinue Reading
By Akpan Glory The Standsafe Society Against Drugs and Substance Abuse (SSADASA), a non-governmental organisation, has called for urgent action to address drug abuse, noting its links to Nigeria’s broader development challenges. Speaking to the News Agency of Nigeria (NAN) on Wednesday, the organisation’s Executive Director, Mr Godwin Bebiem, identifiedContinue Reading
By Rukayat Moisemhe The Lagos Chamber of Commerce and Industry (LCCI) has expressed belief that the economy would end the current year in positive growth of three to four per cent. LCCI president, Mr Gabriel Idahosa, said this at the chamber’s Annual General Meeting (AGM) on Thursday in Lagos. He,Continue Reading
