Libya Tops List of African Countries with Lowest Diesel Prices in 2024
Discover the top 10 African countries with the lowest cost of diesel in 2024, with Libya leading the list, according to GlobalPetrolPrices.
Economy
Nigeria Sees Surge in Capital Inflow from BRICS Nations, Reaches $1.27 Billion
Nigeria experiences significant increase in foreign capital inflow from BRICS nations, reaching $1.27 billion, with new agreements with China expected to boost infrastructure development.
Nigerian Senate Proposes Bill to Ban Use of Dollar and Other Foreign Currencies for Local Transactions
Nigeria's Senate introduces a bill to outlaw the use of foreign currencies for local transactions, aiming to promote economic stability and reduce reliance on foreign currencies.
Nigeria's Central Bank Raises Interest Rate to 27.5% to Combat Inflation
Nigeria's monetary policy committee increases benchmark interest rate by 25 basis points to address rising inflation, with implications for banks and the economy.
Nigeria's Debt Crisis: USD Value Drops Slightly, Naira Debt Skyrockets
Nigeria's public debt increases to N134.30 trillion, with a significant jump in Naira debt, despite a slight drop in USD value, amidst economic downturn and currency devaluation.
Nigeria's Economy Sees 3.46% Growth in Q3 2024, But Some Sectors Lag Behind
Nigeria's economy grows at 3.46% in Q3 2024, but certain sectors experience sluggish growth, highlighting the need for inclusive and sustainable economic development.
Nigeria's Economy Sees Notable Growth, Outperforming Itself in Q3 2024
Nigeria's GDP grows by 3.46% in Q3 2024, driven by services sector and non-oil industry, indicating a positive trend in the country's economy.
Nigeria's Economy Sees Notable Growth, Outperforming Itself in Q3 2024
Nigeria's GDP grows by 3.46% in Q3 2024, driven by services sector and non-oil industry, with oil sector also showing significant growth.
Nigeria's GDP Sees 3.46% Growth in Q3 2024, Driven by Transport and Financial Sectors
Nigeria's GDP grows by 3.46% in Q3 2024, driven by strong performances in transport and financial sectors, despite challenges in unemployment, inflation, and oil prices.