Economy
US companies invest $3.8bn in Nigeria in 5yrs
A map of Nigeria *Plan another $2.75bn investment By Princewill Ekwujuru ECONOMY Companies of United States of America (USA) origin operating in Nigeria invested a total of $3.75billion to expand
Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade
More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment.This post was originally published on
Investors lose N145bn in 3 days as bearish trend persists
Stock Market By Peter Egwuatu Capital Market Investors on the stock market have lost over N145 billion in three trading days of this week as bearish trend continued. Specifically, the
NSIA signs $1. 4bn deal with Moroccan investors
By Emma Ujah, Abuja Bureau Chief ECONOMY The Nigeria Sovereign Investment Authority (NSIA) has signed an agreement with OCP of Morocco, for the development of a $1.4 billion
Court dismisses insurance firm’s bid to appeal bank’s possession of Ashake Estate
ECONOMY By Innocent Anaba A Federal High Court sitting in Lagos has dismissed an application seeking leave of court to appeal a February 11, 2020, judgment which granted First City
Nigeria's Crypto Ban Fuels Mistrust in Government: Hannah Akuiyibo, Associate, Woodrow Wilson Center
A central bank ban on crypto transactions is at odds with the government’s goal to build a digital economy around blockchain technology.This post was originally published on this site
South Africa Sets Out Budget As Economy Reels From Pandemic
File: Molise Molise / AFP. The South African government will unveil its fiscal 2021 spending plans Wednesday as the continent’s most industrialised economy chief Ursula von der Leyengrapples with
Presidency promises more action to aid economic recovery
The Presidency has urged Nigerian’s to expect more efforts to support full economic recovery, following an exit from last year’s recession. The post Presidency promises more action to aid economic
IMF backs CBN on Cryptocurrency ban
IMF Cautions against hike in tax rate By Emma Ujah, Abuja Bureau Chief MONEY MARKET The International Monetary Fund (IMF) has expressed support for the directive of the Central
WTO: African trade unions set agenda for Okonjo-Iweala
By Victor Ahiuma-Young ECONOMY African Trade Unions have called on the newly appointed Director General of the World Trade Organisation (WTO), Dr Okonjo-Iweala, to ensure that global trade agreements promote
