World Bank Lowers its Economic Growth Forecast for Sub-Saharan Africa
The World Bank has lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, due to the destruction of Sudan’s economy in a civil war. In its latest regional economic outlook report, the bank however said growth is expected to remain comfortably above last year’s 2.4% thanks to higher private consumption […]
Federal Government To Start Crude Oil Sale To Dangote Refinery in October
The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. According to a post on the official […]