The Netherlands will activate $250 million worth of new investments in Nigeria over the next few months, including a $100 million investment in a waste-to-wealth industrial facility in Lagos State. Netherlands Prime Minister, Mark Rutte disclosed this when he received President Bola Tinubu in The Hague, also acknowledged President Tinubu’s economic reforms. “You are promoting democratic governance and dealing with problems of development. “I saw you take the courageous decision to deal with fuel subsidies...

Nigeria’s inflation rate surged to a new high of 33.2 per cent in March 2024, according to data released by the National Bureau of Statistics, NBS, on Monday. This represents a 1.5 percentage point increase from the 31.7 per cent recorded in February 2024. The rise in inflation is being attributed primarily to increasing food and beverage prices, coupled with rising energy and housing costs. Food inflation, a key driver of overall inflation in Nigeria,...

A team from the ECOWAS Commission, led by Mrs. Massandje Toure-Litse, the ECOWAS Commissioner for Economic Affairs and Agriculture, visited the Anambra Central Fish Village located in Adazi Nnukwu, Anaocha Local Government Area of Anambra State. The visit is part of the tour by the ECOWAS team to evaluate significant agro investments that may require assistance that can be given by the Commission, to boost the economic fortunes of the people for its vision of...