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Economy

Lagos Economic Summit To Hold November 10 After 6 Years Hiatus

Lagos State Government on Sunday unveiled plans for the 2020 Lagos Economic Summit, popularly known as EHINGBETI. Mr Sam Egube, Lagos State Commissioner for Economic...

AfDB Approves $27.33 Million COVID-19 Intervention Fund For AU

The African Development Bank (AfDB) has approved 27.33 million dollars in grants to boost the African Union’s efforts to mobilise a continental response against...

Africa To Lose $116 Billion To COVID-19 Pandemic By End Of 2020

Nigeria and other countries within the continent of Africa may lose approximately $116billion to COVID-19 pandemic at the end of 2020, the chairman of...

Petrol To Cost More In South-East Without Enugu Depot – IPMAN

The Independent Petroleum Marketers Association of Nigeria, IPMAN, Enugu depot, has warned that petrol may cost more in the South-East, should the Federal Government...

BREAKING: Petrol Price Increases To N151.56 Per Litre

Petrol price has been increased to N151.56 per litre, Pipelines and Product Marketing Company, PPM, has said. The PPM is the downstream subsidiary of the...

Ban On Maize Importation Is Not Responsible For Price Increase – CBN

The Central Bank of Nigeria, CBN, has cleared the air that it is not a ban on maize importation alone that is the sole...

Lagos Gov’t Generates N433.6 Billion Revenue In First Half Of 2020

Lagos State government, on Thursday, August 27, 2020, said that it generated N432.6 billion as revenue, which was 81 percent of its projected revenue,...

Is Africa the Next Big Gambling Market?

People all over the world enjoy gambling in its many forms. Whether it is betting on sports or playing casino games, people have always...

Amazon CEO, Jeff Bezos Becomes First Person To Hit $200 Billion Net Worth

The world’s wealthiest man, Jeff Bezos is even richer as the Amazon founder and CEO’s wealth topped $200 billion for the first time. This is...

Nigeria’s GDP Decreases By 6.10% In 2nd Quarter

Nigeria’s Gross Domestic Product, GDP, decreased by six percent in real terms in the second quarter of 2020, according to the Nigeria Bureau of...

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