The Independent Media and Policy Initiative (IMPI) has expressed disagreement with the International Monetary Fund (IMF) over its latest economic growth forecast for Nigeria. The IMF had recently revised its …
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Experts Say Nigeria Must Boost Production to Benefit from AfCFTA Tariff Removal
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
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BusinessEconomyGOVERNMENTInternational RelationsPoliciesTrade and Commerce
Nigerian Exporters Cautious Over US Tariff Pause, Weigh Next Steps
Nigerian exporters are watching closely as new tariff moves by the United States spark fresh uncertainty in the global trade space. While some believe the ripple effect may hurt the …
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EconomyFinance & ServicesPolicies
CBN Reports $20.93bn Remittance Inflow, $6.83bn Balance of Payments Surplus for 2024
The Central Bank of Nigeria (CBN) has announced that personal remittances into Nigeria rose to $20.93 billion in 2024, representing an 8.9% year-on-year increase. This was revealed in a statement …
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AfricaAFRICA NEWSBusinessEconomyEgyptFood ProductionNewsNorth AfricaNorthern Africa
Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …