The Federal Ministry of Industry, Trade and Investment, 23rd of Nov, launched the Nigeria Trade Information Portal (NTIP) in fulfilment of the World Trade Organisation’s (WTO) Trade Facilitation Agreement. At the unveiling, Minister of Industry, Trade and Investment, Adeniyi Adebayo said the NTIP was an outcome of collaboration with the Un ... Read more

The Revenue Mobilisation Allocation and Fiscal Commission has said that it discovered $205.01m unremitted to the federation account by oil and gas companies through joint efforts with the Economic and Financial Crimes Commission. In a statement issued on Tuesday by the RMAFC’s PRO, Nwachukwu Christian, the commission also said that it reco ... Read more

In Abuja, World Bank’s Country Director, Shubham Chaudhuri, stated this at the presidential inauguration of the Rural Access and Agricultural Marketing Project in Nigeria. “Even with the current scale-up, we are not going to near what Nigeria needs to achieve functional rural roads,” Chaudhuri stated. He added, “We hav ... Read more

The curtain falls, in a matter of weeks, on one of the most turbulent years the global economy has experienced in recent decades. While some economies have long adjusted to the COVID-19 pandemic, many could not model the Russia-Ukraine conflict as a risk factor in their outlook analysis until towards the middle of the second quarter when the cri ... Read more

A case of downturn as the world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggered one of the fastest monetary policy tightening cycles in recent times. The U.S. Federal Reserve has increased interest rates by 375 basis points ... Read more

The startup culture in Africa has come to stay as youths creatively seek to aggressively push their big and small ideas forward to permanently banish unemployment and poverty from their lives. What is prevalent among these startups irrespective of the sector is that they constantly seek funding from investors to adequately scale. According to ... Read more