President Bola Tinubu has appointed Delta State politician and an ex-Secretary to the State Government, Mr Chiedu Ebie as Chairman of the new Board and Management team of the Niger …
The Economy
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Mobile crypto mining platform Pi Network’s native token, Pi coin, registered impressive gains in the week beginning Aug 21. The recent rally helped the Pi Network token price break above …
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NEWS & PUBLIC ECONOMYOPINIONSHIPPING & TRADE
Positioning Nigeria for trade development, investment and economic growth
by The Economyby The EconomyGrowing the economy through trade is a critical imperative to repositioning Nigeria for the next phase of economic progress with the focus being on the core necessities of improving local …
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Today, more than ever, everyone needs Grit, the ability to preserve in the face of difficulties. Admittedly, our world today is anything but predictable, and with current economic challenges- the …
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NEWS & PUBLIC ECONOMY
NBS’ new survey method sees Nigeria’s unemployment rate drop to 4.1% from 33.3% in 2020
by The Economyby The EconomyThe National Bureau of Statistics says a new medothology it adopted to calculate Nigeria’s unemployment has seen the figures dropped from a scary 33.3% in 2020 to 4.1% in the …
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NEWS & PUBLIC ECONOMYREAL ESTATE & CONSTRUCTION
Wike tours FCT’s abandoned projects, vows to complete road projects before end of Q1 2024
by The Economyby The EconomyMinister of the Federal Capital Territory, FCT, Nyesom Wike, on Thursday, toured sites of various abandoned projects in Nigeria’s political capital city promising to complete the construction of B6 and …
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Oil prices have been falling this week, with WTI now below $79 and Brent dropping below $83 before bouncing back. Oil prices fell in Asian trading early on Thursday, losing …
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GLOBAL ECONOMYOIL & GAS
TotalEnergies acquires a 40% interest in a CO2 Storage exploration license
by The Economyby The EconomyTotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage …
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AGENCIESGLOBAL ECONOMYNEWS & PUBLIC ECONOMY
Commonwealth calls for stronger action on gender equality
by The Economyby The EconomyWomen minsters in the Commonwealth of Nations have called a stronger action on gender equality. The ministers made the call at their annual Commonwealth Women Ministers Meeting holding in Bahamas. …
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FOREX, COMMODITY & CRYPTOCURRENCYNEWS & PUBLIC ECONOMY
Dangote accused of violating forex regulations, leading $3.4bn loss to Nigerian government
by The Economyby The EconomyNigeria’s President, Bola Tinubu has received a petition against Africa’s richest man, Alhaji Aliko Dangote over $3.4 billion allegedly siphoned through the Central Bank of Nigeria. The petition obtained by …