In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …
Western Africa
- EconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaWestern Africa
A fire outbreak has ravaged parts of the Onitsha Main Market in Anambra State. The inferno reportedly broke out in one of the market buildings around 6:20 am on Friday, …
- Business and EconomyNigeriaTechnologyTelecommunicationsWestern Africa
Rising Data Costs Threaten Nigeria’s Content Creation Growth
Nigeria’s content creation industry is facing challenges due to increasing data costs. The growing demand for online content has led to higher internet usage, but the rising expenses associated with …
- Business and EconomyFinance & ServicesINVESTMENTNigeriaPoliciesWestern Africa
Nigeria’s Interest Rate Among Top Five Globally, Says MPC Member
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 …
- 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, …