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The UK has launched a £15 million Growth Programme to enhance Nigeria's economic development. This initiative aims to attract private investment and support economic reforms in the country.
Local manufacturers in Nigeria are advocating for increased participation in the DISREP program for electricity meters. They argue that the current World Bank-backed procurement framework may marginalize local industry.
Yemi Cardoso's leadership at the Central Bank of Nigeria has garnered international recognition. His recent acceptance speech in London highlights the hard work that led to this achievement.
The IMF continues to support Nigeria through policy advice and technical assistance, as highlighted in its 2026 Article IV Consultation Report. This partnership aims to strengthen Nigeria's economic framework and development strategies.
The Central Bank of Nigeria has launched the Payments System Vision 2028 to enhance financial accessibility and broaden payment options. This initiative aims to improve Nigeria's payments ecosystem significantly.
Nigeria’s crude oil production gets a boost with new Utapate and Cawthorne streams, adding over 12 million barrels to output. Learn more about Nigeria crud
Nigeria's tax framework is evolving with the enforcement of e-invoicing for large and medium-sized businesses. This shift aims to enhance tax efficiency and compliance across the nation.
Governor Hope Uzodimma is working to establish Imo State as a leading investment hub in Nigeria. The initiative aims to boost private-sector economic growth in the region.
Nigeria has saved $44 million by approving early procurement of raw materials for fertiliser, ensuring a stable supply for farmers. This proactive approach has shielded the country from global market disruptions.
The World Bank is set to offer $100 billion in financial assistance to developing nations over the next 15 months. This support aims to help these economies navigate the challenges posed by escalating tensions in the Middle East.
In a statement issued on Friday, AGHAN said the suspension was lifted after Max Air re-engaged with its members and committed to resolving its debt profile. The post Aviation ground handlers lift suspension on Max Air after debt negotiations, partial payment appeared first on Pre...
The article discusses AMCON's concerns regarding the increasing non-performing loans (NPLs) in Nigerian banks. This highlights ongoing challenges in the financial sector that could impact economic stability.
Yemi Cardoso's leadership has significantly improved the Central Bank of Nigeria, earning it international recognition. His achievements are particularly notable given the challenges faced by the bank prior to his tenure.
SpaceX officially entered public markets on Friday, June 12, which marked one of the most closely watched stock market debuts read more Here’s what investors need to know about SpaceX historic trading day
Delta residents are increasingly worried about the growing divide between wealthy and impoverished communities. Many express that the current economic situation is making survival difficult.
The aggregate Value Added Tax (VAT) stood at N2.42 trillion in the first quarter of 2026, according to the VAT read more Nigeria’s VAT collections hit N2.42 trillion in Q1 2026, up 10% – NBS
The World Bank has committed an additional $243 million to support Nigeria's off-grid solar program. This funding aims to energize underserved communities across the country.
The report revealed that the country operates 730 post offices or departments, 110 head post offices, 667 post shops, 201 postal agencies, 136 counter extensions, 115 branch offices and 89 sub-post offices. The post Nigeria’s postal revenue rose by 167% in 2025 — NBS appeared...
The Free Commerce Platform Built for African Merchants Every day, millions of Nigerian merchants generate real revenue on tools never read more Why Nigerian Small Business Owners Are Switching to Oloja
The UK and Nigeria have taken a significant step forward in their strategic partnership, with the announcement of a £15 read more Nigeria, UK expand strategic partnership with £15m growth initiative
The company priced more than 555 million shares at $135 each in a filing with the US markets regulator on Thursday, placing SpaceX in the top 10 of Wall Street's biggest companies with a valuation of just under $1.8 trillion – ahead of Tesla, Facebook owner Meta and Walmart. Th...
The World Bank is set to provide a $100 billion aid package for developing countries affected by the Middle East crisis. This initiative aims to alleviate economic hardships in these nations.
Minister John Enoh highlights the importance of trustworthy governance in Nigeria for attracting long-term investment. He emphasizes that strong institutions are essential for building competitive industries.
The debate over Nigeria’s airtime lending market has moved from claims of monopoly to a deeper conversation about ownership, transparency read more Maritime lending: Monopoly disputed as fresh questions emerge over ownership of 9 operators
Minister John Owan Enoh emphasizes the need for Nigeria to move from mere oversight to strategic foresight for economic growth. This shift is crucial for achieving long-term transformation goals.
Moroccan property technology startup Agenz has secured $5 million in fresh funding to accelerate the use of artificial intelligence (AI), read more Morocco’s Agenz raises $5m to build AI-powered property market
A talented crop of US players led by Christian Pulisic need to prove themselves against the world's best, while dealing with the pressures of playing in front of their own fans. The post USA To Play First World Cup Finals Game On Home Soil Since 1994 appeared first on Channels Te...
By Udeme Akpan & Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPC Ltd.) and security agencies have intensified efforts to combat pipeline vandalism following the discovery of a damaged section of the Nigerian Pipelines and Storage Company (NPSC) crud...
Nigeria's budget has tripled, significantly reducing the debt-to-revenue ratio from 90%. This shift indicates improved fiscal flexibility under Tinubu's reforms.
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of April 2026, even as insecurity, multiple taxation, and high interest rates continued to pose major operational ...