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Elizabeth Williams

Bank Of England Global GDP Growth Stronger Than Anticipated

The Bank of England BoE on Thursday said "developments in global GDP growth have been a little stronger than anticipated, and the substantial new...

LCCI, NEXIM Bank Urge Government On Policies To Grow Non-Oil Exports

The Director-General, the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, and Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello,...

Sudan Secures Loan To Clear African Development Bank Arrears

Sudan announced Wednesday it had secured a multi-million-dollar bridge loan from the United Kingdom, Sweden and Ireland to clear its arrears to the African...

U.S Service Sector Continues Expansion In April, Pace Slows – Survey

The US service sector last month continued its recovery from the pandemic, according to an industry survey released Wednesday, but the pace slowed slightly...

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UAE Exits OPEC And OPEC+: What It Means For Nigeria & OPEC Members

The United Arab Emirates has officially announced its withdrawal from OPEC and OPEC+, effective May 1, in a move confirmed by the country’s state news agency WAM. The decision ends nearly six decades of membership and removes one of the cartel’s most influential producers at a time...

Reps Approve Tinubu’s $516m Loan For Sokoto–Badagry Highway Project

The House of Representatives has given approval to President Bola Tinubu’s request to secure a $516,333,007 syndicated loan from Deutsche Bank AG to support infrastructure development. The approval was granted during Tuesday’s plenary in Abuja following the presentation of a report by the Deputy Chairman of the House...

Osifo Declares Presidential Bid, Signals Challenge To Tinubu

Former presidential aspirant, Stanley Osifo, has announced his intention to contest the 2027 presidential ticket of the All Progressives Congress (APC), positioning himself as a potential challenger to President Bola Tinubu despite growing endorsements in favour of the incumbent. Osifo made this known on Monday during a press...