IMF Downgrade Nigeria’s 2024 Economic Growth Forecast to 3%
The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2024, lowering it from 3.1% to 3%. This update was included...
Jagabanomics: PwC says Tinubu’s monetary policies devalued naira by 98%
PwC has reported that Tinubu’s monetary policies devalued the naira by a whooping 98%. PricewaterhouseCoopers (PwC) is one of the largest professional services...
1500 CBN Staff Resumes in Lagos Office Following Relocation Plan
At least 1,500 Central Bank of Nigeria (CBN) staff members are set to resume work at the Lagos office on February 2, having...
CBN Injects $500M into FX Market
The Central Bank of Nigeria (CBN) has recently injected an additional $500 million into the foreign exchange market, following a previous disbursement of...
World’s Largest Cruise Ship, Icon of the Seas, Sets Sail
The Icon of the Seas, now the world’s largest cruise ship, has embarked on its maiden voyage from Miami. Owned by Royal Caribbean...
Niger, Mali, and Burkina Faso Withdraw from ECOWAS
Niger, Mali, and Burkina Faso have officially announced their withdrawal from the Economic Community of West African States (ECOWAS). This decision comes after...
Abia Govt. Bans Use of Styrofoam Foils, ‘Take Away’
The Abia State Ministry of Environment has placed a ban on the use of Styrofoam foils, commonly known as ‘Take Away’. In a...
How Crisis in Mangu, Plateau Will Cause Nationwide Food Shortage – Kalu Aja
Mangu, Bokkos, and Barkin Ladi Local Government Areas (LGAs) in Plateau State are grappling with relentless attacks that have left residents either injured,...
Israeli Airline El Al Suspends South Africa Flights
The esteemed Israeli flag carrier, El Al, has announced the suspension of its 74-year-long direct flights between Tel Aviv and Johannesburg. The last...
UNN Tops Nigerian Universities in Scholarly Publications
The University of Nigeria, Nsukka (UNN) has secured a leading position among Nigerian tertiary institutions. This is based on the Scopus 2024 rankings...
JK Rowling and Ed Sheeran among UK’s highest tax payers
JK Rowling and Ed Sheeran have emerged as some of the United Kingdom’s highest taxpayers. The Sunday Times recently revealed that these two...
CBN Promises to Reduce Inflation Rate to 21.4%
The Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, has pledged to reduce the headline inflation rate from a staggering 28.9% in...