High Inflation Pushes 10 Million Nigerians into Poverty

The World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated that rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023.

BREAKING: Nigeria’s inflation rate hits 33.2%

Nigeria’s inflation rate rose to 33.20 percent in Mach 2024 — up from 31.70 percent in February.

Banks change ATM withdrawal limits for some customers below CBN rules

Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs), Arabella Star Magazine can report.

NGX: Investors lose N239bn

The Nigerian Exchange Ltd.(NGX) market capitalisation on Monday closed on a negative note, losing N239 billion.

JUST-IN: CBN Begins Sales Of Forex To BDCs

The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange to eligible Bureau De Change operators (BDCs) to meet the demand for invisible transactions. 

Africa’s Economic Crossroads: Challenges and Pathways for Brighter 2024

Africa is the continent with the youngest and fastest-growing population in the world, as well as rapidly expanding cities and innovative industries ranging from clean energy to fintech. It is…

Africa’s Economic Crossroads: Challenges and Pathways for a Brighter 2024

Africa is the continent with the youngest and fastest-growing population in the world, as well as rapidly expanding cities and innovative industries ranging from clean energy to fintech.

2024 Budget: Tinubu directs MDAs to provide monthly performance reports

Tinubu assured Nigerians that the implementation of the budget would be vigorously monitored.

How Africa Can Stem the Exodus of Talent: Strategies to Combat Brain Drain in Africa

The term "brain drain" refers to the movement of highly skilled workers from developing to industrialized nations in search of higher living and career opportunities. “Brain drain is a serious challenge for Nigeria. Our best and brightest minds are leaving the country in search of better opportunities, and this poses a significant risk to our development." - Ngozi Okonjo-Iweala.