economic growth
Singapore to Approve Up to 40,000 Permanent Residency Applications Annually Amid Population Challenges
The government of Singapore has announced plans to approve up to 40,000 permanent residency applications annually over the next five years as part...
Wadagni Wins Benin Presidential Election in Landslide Victory
Benin’s Finance Minister, Romuald Wadagni, has secured a sweeping victory in the country’s presidential election, according to provisional results, positioning the West African...
Nigeria Insurance Industry Records Strong Growth as Premiums Hit N2.3 Trillion in 2025
Nigeria’s insurance sector witnessed significant expansion in 2025, with Gross Premium Written rising by 47.3 percent year on year to N2.301 trillion, up...
FG Inaugurates Committee to Fix Gas Supply and Boost Power Generation
The Federal Government has inaugurated a Gas to Power Monitoring Committee as part of efforts to resolve persistent gas supply challenges affecting electricity...
Nigeria Borrowing Rises to N8.1 Trillion in Q1 2026 Amid Debt Concerns
Nigeria’s fiscal pressures deepened in the first quarter of 2026 as the Federal Government increased domestic borrowing to N8.1 trillion, representing a 7.4...
Nigeria Calls for Urgent Fiscal Reforms to Combat Illicit Financial Flows in Africa
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has urged African nations to implement urgent fiscal reforms to...
Nigerian Banks Raise N4.6 Trillion as Recapitalisation Sparks Fierce Lending Competition
Nigeria’s banking sector has entered a new era of intense competition following the successful recapitalisation exercise led by the Central Bank of Nigeria....
Nigeria’s Food Market to Hit $233.5 Billion as Industry Leaders Push for Innovation and Food Security
Nigeria’s food industry is projected to reach an estimated value of $233.53 billion in 2025, with a strong annual growth rate of 10.76...
Drones Key to National Security and Economic Growth, Says ARCO MD
Drones are fast becoming essential tools for strengthening security, stability, and economic development in Nigeria, according to Engr. Okosubide Mozimo, Managing Director of...
Cambodia Promotes New Era of Mekong Regional Cooperation
The government of Cambodia has outlined an ambitious vision for what it describes as a new golden decade of cooperation among countries along...
