Our reporter/ The African Development Bank (AfDB) on Friday disclosed that it has concluded plans to establish a Youth Entrepreneurship Investment Bank for Nigeria which is part of its support…
Read More AfDB to establish $100m investment Bank for Nigerian youths
Our reporter/ The President of the African Development Bank (AfDB) Akinwunmi Adesina on Friday raised concern over the rising poverty levels in Nigeria. Adesina, who spoke in Abuja during the…
Read More Adesina laments Nigeria’s poverty rate
The World Bank says 129 million Nigerians are now living in poverty as the Nigerian economy has witnessed slow growth and high inflation, eroding citizens’ purchasing power under President Bola…
Read More 129 million Nigerians plunged into poverty under Tinubu’s watch – World Bank
Our reporter The Central Bank of Nigeria (CBN) is looking into the foreign exchange (FX) re-validation exercise to ascertain complaints of manufacturers and importers over FX claims worth $2.4 billion,…
Read More CBN verifying disputed $2.4bn FX claims, says Cardoso
The World Bank has confirmed that the naira is among the worst-performing currencies in sub-Saharan Africa in 2024. In its regional economic outlook report ‘Africa’s Pulse,’ released recently, the World Bank said…
Read More Naira one of the worst performing currencies in Africa – World Bank