Minister of Solid Minerals Development, Dr Dele Alake, has said Chinese companies invested $1.3billion in Lithium processing in Nigeria. Mr Alake stated this while speaking on...
Debt Management Office (DMO) will conduct its monthly Federal Government Bond (FGN) auction on Monday with two reopening instruments with 5- and 7-year tenors on offer....
FirstBank said that it has successful integrated the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to...
Nigerian Communications Commission on Wednesday said that as of August 2025, Nigeria’s broadband penetration stood at roughly 48.81 per cent. NCC chief Aminu Maida said this...
Private equity firm Appian Capital Advisory and the International Finance Corporation (IFC) have launched a $1 billion fund to invest in critical minerals projects in Africa...
UN Trade and Development secretary-general, Rebeca Grynspan, says the $31 trillion burden is stifling the development of developing countries. The UN trade official said this on...
Central Bank of Nigeria has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN governor...
Nigeria’s inflation rate continued its downward trend in September 2025 according to data released by Nation Bureau of Statistics, NBS. The new inflation data showed that...
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection, forecasting a 3.9% expansion in 2025 and 4.2% in 2026. Meanwhile the renewed focus of...
The World Bank Group has outlined a three-part strategy focused on improving conditions, reforming policies, and unlocking private-sector potential to facilitate job creation. The president of...
Nigeria’s total public debt has climbed to N152.40 trillion as of June 30, 2025, up from N149.39 trillion at the end of March. This is according...
In its latest creditworthiness update, Fitch Ratings affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, with a stable outlook. Nigeria’s ‘B’ rating is supported...
Foreign Portfolio Investors (FPIs) requiring naira to stake bets in Nigerian markets and the fixed income and equities market helped strengthen the value of the local...
Qatari investors have pledged a $300 billion foreign direct foreign investment into key sectors of the nation’s economy. They gave the commendation during a reception for...
The Economic Commission for Africa (ECA) says it is intensifying efforts to amplify Africa’s voice in global policy discussions while supporting member states in achieving greater...