Growth in Nigeria’s pension assets dropped to a 12-month low of ₦61.91 billion at the end of March 2025, primarily due to outflows from approved existing schemes (AES), according to …
Economy
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EconomyFinance & ServicesINVESTMENTMarketsPolicies
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AgricultureEconomyGOVERNMENTPoliciesSecurity
Nigeria Imports Danish Dairy Cattle to Double Milk Production, Cut $1.5bn Import Bill
Nigeria has begun importing high-yield dairy cattle from Denmark in a bold move to double its milk production within five years and slash the country’s $1.5 billion annual dairy import …
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AgricultureEconomyEnergyGOVERNMENTINVESTMENTPolicies
Shettima Reaffirms Tinubu Govt’s Commitment to Cocoa Processing, Seeks $25bn for Europe Gas Pipeline
Vice President Kashim Shettima has restated the Tinubu administration’s determination to transform Nigeria’s cocoa industry by shifting focus from mere production to full-scale processing and value addition. He also disclosed …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeria
Nigerian Stock Market Soars to ₦70.5 Trillion, Surpasses Pre-2008 Levels by 347% Amid Institutional Support and Reforms
Sixteen years after the devastating 2008 global financial crisis that sent shockwaves through Nigeria’s capital market, the Nigerian Exchange (NGX) has not only staged a complete recovery but also posted …
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EconomyFinance & ServicesGOVERNMENTINVESTMENT
DMO Opens Subscription for New FGN Savings Bonds at 16.121% and 17.121% Interest Amid Investor Caution
The Debt Management Office (DMO) has announced the opening of subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds starting today, Monday, June 2, 2025. The retail-targeted bonds, priced …
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BusinessEconomyNigeriaTrade and CommerceWestern Africa
Nigeria’s Textile Industry at Risk as Benin Republic Emerges West Africa’s New Manufacturing Hub
Nigerian manufacturers are sounding the alarm as the Republic of Benin steadily rises as a leading textile hub in West Africa, drawing billions in investment and posing stiff competition to …
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AgricultureBusinessEconomyInsuranceLeadershipTechnology
SICL Donates ₦50m to NCRIB Building Project, Celebrates 45 Years of Impact in Nigeria’s Insurance Sector
Standard Insurance Consultants Limited (SICL), one of Nigeria’s foremost insurance and reinsurance brokerage firms, has reaffirmed its commitment to national development with a ₦50 million donation to the building project …
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AgricultureEconomyInternational RelationsPoliciesTANZANIATrade and Commerce
Tanzania Targets $2 Billion from Horticulture Exports by 2030 as Sector Gains Momentum
Tanzania is now aiming high in the agricultural sector, as the country sets a new target to hit $2 billion in annual horticulture exports by the year 2030. This goal …
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BusinessEastern AfricaEconomyFinance & ServicesINVESTMENTMarketsTANZANIA
Dar es Salaam Stock Exchange Introduces New Rules to Attract More Foreign Investors
The Dar es Salaam Stock Exchange (DSE) in Tanzania has started a set of new reforms to make the market more attractive to foreign investors, improve transparency, and bring the …
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Cyber securityEconomyEducationGOVERNMENTInfrastructureTechnology
Nigeria’s Cybersecurity Market Set to Hit $345.43 Million by 2029 as Digital Economy Booms
Nigeria’s cybersecurity industry is on the rise, and experts say the best is yet to come. The Director General of the National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa …