A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Mustapha Akinkunmi, has revealed that Nigeria’s interest rate ranks as the fifth highest in the world. This disclosure …
Western Africa
- Business and EconomyFinance & ServicesINVESTMENTNigeriaPoliciesWestern Africa
- EnvironmentInfrastructureINVESTMENTNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Lagos State Launches Omi Eko Project to Attract £410 Million Investment
The Lagos State Government has initiated the Omi Eko project, a comprehensive plan aimed at revitalizing the state’s waterways and attracting £410 million in investments. The project seeks to enhance …
- Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
NGX records 30% reduction in foreign inflows
Foreign inflow to Nigeria’s equities market fell by 29.66 per cent in February 2025, dropping to N18.05bn from N25.66bn recorded in January.This decline in foreign inflow, alongside a drop in …
- BusinessBusiness and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
Nigerian stock market investor records N148bn gain to end week
Investors at the Nigerian stock market recorded N148 billion on Friday to end the week on a bullish trend.At the end of Friday’s trading, details showed that market capitalisation rose …
- Banking, Finance & InvestmentBusiness and EconomyNigeriaWestern Africa
Zenith Bank Records N1.3 Trillion Profit, Proposes N4 Final Dividend
Zenith Bank Plc has continued its impressive financial performance, reporting a profit before tax (PBT) of N1.3 trillion for the 2024 financial year. The bank also proposed a final dividend …
- DevelopmentEducationGOVERNMENTNigeriaPoliciesWestern Africa
President Tinubu Grants Licenses to 11 New Private Universities
In a significant development for Nigeria’s education sector, President Bola Tinubu has approved provisional licenses for the establishment of 11 new private universities. The announcement was made during the Federal …
- Arts & CultureBusiness and EconomyNigeriaWestern Africa
Ecobank, AFC, Soto Gallery Support Young Artists with ‘234Arts’ Exhibition
Emerging artists in Nigeria are getting a platform to showcase their talents through the ‘234Arts’ exhibition, an initiative supported by Ecobank, Africa Finance Corporation (AFC), and Soto Gallery. The event, …
- Business and EconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaPoliciesWestern Africa
Nigeria’s DMO to Issue N300bn Sukuk Bond for Infrastructure Projects
The Debt Management Office (DMO) has announced plans to issue a N300 billion Sukuk bond to fund infrastructure projects across Nigeria. This move is part of the government’s strategy to …
- Business and EconomyGOVERNMENTNigeriaPoliticsWestern Africa
Reps Pass Bill to Grant Nigerian Citizenship to Foreign Investors
The House of Representatives has passed a bill that will allow foreign investors to acquire Nigerian citizenship, a move aimed at attracting more investment into the country. The bill, which …
- AgricultureDevelopmentEconomyFood ProductionGOVERNMENTNigeriaPoliciesSecurityWestern Africa
Lagos Unveils Three-Pillar Proposal to Tackle Food Insecurity
The Lagos State Government has introduced a three-pillar proposal to address Nigeria’s growing food insecurity, focusing on boosting food production, improving storage facilities, and reducing wastage. Speaking at the launch …