Economy

Economy

Economics and Sociology

Türkiye, Nigeria Eye Shipbuilding Partnership

Türkiye, Nigeria Eye Shipbuilding Partnership

Africa-Press - Nigeria. Turkey and Nigeria are moving towards enhancing cooperation in the shipbuilding industry through joint production and technology transfer, as...
Strait of Hormuz Disrupts Africa'S Economy

Strait of Hormuz Disrupts Africa’S Economy

Africa-Press - Nigeria. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High

China-Africa Trade Hits Record High

Africa-Press - Nigeria. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027

ECOWAS Plans Single Currency by 2027

Africa-Press - Nigeria. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Nigeria. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Electricity: Blackout hits six Nigerian states

Electricity: Blackout hits six Nigerian states

Africa-Press - Nigeria. Six states in northern Nigeria will experience blackout on Saturday and Sunday. The states are Bauchi, Gombe, Yobe (Damaturu), Borno (Maiduguri), Adamawa...
Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation

Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation

Dollar to Naira exchange rate today, June 8, 2026: Nigerian currency returns to appreciation The Naira appreciated against the dollar at the official foreign exchange...
Osun Guber Stakeholders Commit to Peaceful Election

Osun Guber Stakeholders Commit to Peaceful Election

Africa-Press - Nigeria. The Osun State Government, the Independent National Electoral Commission, INEC, and the Kimpact Development Initiative, KDI, have renewed calls for peaceful,...
Nigeria Halts Promotion of Dangote Refinery IPO

Nigeria Halts Promotion of Dangote Refinery IPO

Africa-Press - Nigeria. The Nigerian Securities and Exchange Commission ordered an immediate halt to all marketing and promotional activities related to what...
Taraba: Stakeholders warn of serious health risks amid decay at FRH Baissa

Taraba: Stakeholders warn of serious health risks amid decay at FRH Baissa

Concerned citizens and health workers in Kurmi local government council of Taraba State have appealed to the state government to urgently intervene in the...