Nigeria’s inflation continues rise in November; at highest since 1996
Inflation in Nigeria surged to 34.60% in November, marking the highest rate since 1996, as rising costs of goods and services continue to pressure...
EIB supports infrastructure projects in Africa with $80 million
The European Investment Bank (EIB) has committed $80 million in equity to finance infrastructure projects in sub-Saharan Africa.
The investment, which is in equity to...
Four analyses show N200,000 in 2014 more than N2 million in 2024
Nigeria is facing an unprecedented economic crisis, with inflation at its highest in decades, the naira down to its lowest ever.
The removal of fuel...
Africa needs $2.7 trillion by 2030 to combat climate change
Africa currently requires approximately $2.7 trillion by 2030, an equivalent to $400 billion annually, to effectively combat climate change, according to a projection by...
Africa losing 5% of GDP annually to climate-related disruptions – UN
African economies lose up to 5% of Gross Domestic Product on average annually because of climate-related disruptions, the United Nations Economic Commission for Africa...