One of of the world's most successful investors has warned that the UK is stuck in a "debt doom loop". Hedge fund manager Ray Dalio, who founded Bridgewater Associates, was…
After rebasing, the ratio of Nigeria’s debt-to-GDP fell from 52% to approximately 39.4%, according to the Presidency. The Presidency through Sunday Dare, Special Adviser to President Tinubu on Media and…
The African Democratic Congress (ADC) through its Interim Spox, Bolaji Abdullahi, has said, "the truth is that this government is not trying to fix the economy.' The Party added, "It…
In its recently published rebased Gross Domestic Product figures, the National Bureau of Statistics (NBS) revealed, a rebased GDP of N372.82 trillion in 2024, which is real growth rate of…
2023 Presidential candidate of the Labour Party (LP), Peter Obi, said, Africa's natural resources are "poorly managed" and that is the reason the continent is "poor". He made the statement…
President Bola Tinubu has approved the draft bill for the Establishment of the National Cocoa Management Board (NCMB) "to regulate the Cocoa sub-sector for economic development." The President gave the…
The Nigerian Presidency did not waste time in correcting outgoing President of the African Development Bank Group (AfDB), Akinwumi Adesina, after he claimed, "Nigerians today are worse off than in…
"Nigeria’s economy is ranked among the 5 top growing economies in the world." The Nigerian Presidency through Sunday Dare, Special Adviser, Media & Public Communication/Spokesperson to President Bola Tinubu, said,…
National Bureau of Statistics (NBS), Nigeria's National Statistical Office, reports: "Nigeria’s Gross Domestic Product (GDP) grew by 3.84% (year-on-year) in real terms in the fourth quarter of 2024. This growth…
2023 Presidential candidate of the Labour Party (LP), Peter Obi, made a comparison of the economies of Indonesia and Nigeria, saying, while that Asian Country experienced an "increase", the African…