Nigeria’s goal of attracting $5 billion in startup funding by 2027 is beginning to look unlikely as investment inflows continue to shrink. The target, announced by...
The Central Bank of Nigeria (CBN) has announced a new strategy to reduce the country’s dependence on the US dollar by diversifying its foreign reserves. Speaking...
The Nigerian Senate has approved a second extension for the implementation of the capital component of the 2024 national budget, shifting the deadline from June 30,...
Nigeria emerged as West Africa’s leading intra-African trading country in 2024, with trade volumes reaching approximately $18.4 billion, according to the newly launched 2025 African Trade...
Africa recorded over $95 billion in remittance inflows in 2024, with Nigeria, Egypt, and Morocco emerging as the top recipients, according to the 2025 State of...
The Securities and Exchange Commission (SEC) has called on Nigerians to take advantage of the country’s demographic dividend to promote financial inclusion and stimulate economic development...
The Federal Government sold crude oil worth N219.38 billion to the Dangote Petroleum Refinery between January and April 2025. Meanwhile, the government earned $1.59 million from...
The Federal Capital Territory (FCT) Minister, Barr. Ezenwo Nyensom Wike, hailed Julius Berger Nigeria PLC as a “trustworthy partner” during the commissioning of the first phase of Abuja’s N5...
The implementation of the Petroleum Industry Act (PIA) 2021, designed to promote transparency and strengthen community participation in Nigeria’s oil sector, has sparked disputes among neighboring...
The Federal Government has rejected Meta Platforms Inc.’s threat to withdraw from Nigeria, following a substantial $220 million fine imposed by the Federal Competition and Consumer...