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September 22, 2026 - 5:21 AM

Business

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World Bank Names Nobel Laureate Michael Kremer As New Chief Economist

Nobel laureate Michael Kremer has been appointed as the new Chief Economist and Senior Vice-President for Development Economics of the World Bank Group. World Bank...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

Private Sector Credit Climbs To N84.55 Trillion In August

Credit advanced to Nigeria's private sector rose for a third consecutive month to N84.55 trillion as of August 2026 according to the latest Central...

World Bank Mobilises Record $112bn In Private Capital For Developing Economies

The World Bank Group announced a record $112 billion in private capital for developing economies during the 2026 financial year, more than three times...

Minister Dele Alake Mourns Sudan Mine Collapse Victims, Calls for Urgent Safety Overhaul

Nigeria’s Minister of Solid Minerals Development and Chairman of the Africa Minerals Strategy Group (AMSG), Dr Dele Alake, has expressed grief over the tragic...

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