Economy

By Emmanuel Nduka The Nigerian Content Development Monitoring and Development Board (NCDMB) has received $1million Return On Investment (ROI) fund from NEDOGAS Development Company Limited (NDCL). The fund from the Delta State-based company, is part payment...

By Lucy Adautin Nigeria is restructuring its oil sector by requiring oil companies to allocate a portion of their crude oil to domestic refineries before exporting it. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has introduced...

By Henry Nwaneri Zimbabweans reject the local currency ZIMdollar also known as RTGs and turned to US dollar due to absence of the new currency ZIG. The proposed new currency ZIG, which was supposed to be...

By Lucy Adautin  Although the Nigerian Naira has strengthened against the Dollar, data from the National Bureau of Statistics (NBS) reveals that Nigeria's inflation rate has surged to 33.20% . In March 2024, it rose up...

By Lucy Adautin The Economic Community of West African States (ECOWAS) is close to introducing a specialized fund for the energy and transport sectors by the conclusion of 2024. The objective is to address a financing...

By Emmanuel Nduka Goldman Sachs economists has predicted that Nigeria’s naira could extend gains that have already made it the best-performing currency in the world in April, provided the country's current economic team stay on track....