Wednesday, June 24, 2026
IMF flags Nigeria’s persistent borrowing despite high debt cost hurdles
Onome Amuge The International Monetary Fund (IMF) has revealed that Nigeria and other frontier markets have remained heavily involved in...
Read moreDetailsSub-Saharan Africa economic prospects dulled by Nigeria’s underperforming economy, IMF reports
Onome Amuge Sub-Saharan Africa's growth trajectory is set to slow down in the first half of 2024, according to a...
Read moreDetailsWorld Bank recommends NNPC audit, tasks FG on alleviating poverty
Onome Amuge The World Bank has urged the federal government to undertake an audit to accurately determine the debts owed...
Read moreDetailsPolicy, investment gaps leave $31.5trn hole in 2030 global renewable energy goal
PHILLIP ISAKPA A global consensus on energy goals reached at the Conference of the Parties (COP28) to the United Nations...
Read moreDetailsNigeria’s food inflation top 5 globally as insecurity, climate change hit hard
Onome Amuge The World Bank has identified Nigeria as one of the top ten countries most severely impacted by food...
Read moreDetailsAfrica’s gas ambitions rise, but Future uncertain as experts discuss challenges in shifting energy landscape
Business a.m. To succeed in the highly competitive international gas market, Africa must ensure that it provides a compelling value...
Read moreDetailsAfDB, USAID sign $600m landmark regional development agreement
Busayo Samuel The African Development Bank Group and the United States Agency for International Development (USAID) have signed a landmark...
Read moreDetailsBII, Ecobank Sierra Leone sign $25 million risk-sharing agreement to boost private sector growth
Busayo Samuel British International Investment (BII), the UK's development finance institution and impact investor, has announced a $25 million (about...
Read moreDetailsAngola’s 15 new oil concessions by year-end unpacks $60bn upstream market by 2030
With 47 blocks since 2019, country clearly leads Africa’s hydrocarbon share Big lesson to Nigeria on contracts renegotiation, Ben...
Read moreDetailsIFC invests in Equator Africa Fund I to support African climate sector tech businesses
Busayo Samuel International Finance Corporation ( IFC) has announced an investment in Equator Africa Fund I, marking its first-ever investment...
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CBN’s exposure draft carrying shivers to bank holdCos boards