Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …
Bola Tinubu
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BusinessEconomyFinanceForeign ExchangeGOVERNMENTMarkets
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BusinessEconomyFinanceGOVERNMENTInternational AffairsMarkets
Nigeria Returns to Global Market with $2.25bn Eurobond, Draws $9.1bn Investor Demand Despite US Tension
The Federal Government of Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, attracting an impressive $9.1 billion in investor orders despite global uncertainty …
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BusinessEconomyEnergyNigeriaOil & Gas
OPEC Governor Urges Nigerian Oil Firms to Focus on Local Refining, Value Creation
The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors for 2025, Mr. Adeyemi-Bero, has advised Nigerian oil producers to prioritise refining crude oil locally instead of …
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BusinessDiplomacyEconomyForeign AffairsGovernanceSecurity
CPPE Warns Trump’s Military Threat Could Harm Investor Confidence
The Centre for the Promotion of Private Enterprise (CPPE) has raised alarm that the recent threat of possible military action against Nigeria by the President of the United States, Donald …
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BusinessDevelopmentDiasporaEconomyFinanceINVESTMENT
FG, NiDCOM, and Banks Launch New Drive to Harness $20bn Diaspora Remittances for Economic Growth
The Federal Government has launched a renewed effort to channel over $20 billion in annual diaspora remittances into productive investments aimed at accelerating Nigeria’s economic growth and national development. The …
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BusinessEconomyEnergyGOVERNMENTInfrastructure
FG Reaffirms Commitment to Brass Gas Projects, Targets Industrial Growth and Energy Transition
The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass Gas Projects in Bayelsa State as part of efforts to industrialise Nigeria through the strategic …
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BusinessCorporate GovernanceEconomyGOVERNMENTPoliciesTechnology
CAC Defends Registrar-General, Reaffirms Commitment to Transparency Amid Reform Criticism
The Corporate Affairs Commission (CAC) has reaffirmed its commitment to transparency, reform, and efficient service delivery under President Bola Tinubu’s Renewed Hope Agenda, following what it described as a series …
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BusinessEconomyEnergyGovernment PolicyOil & Gas
Experts Fault FG’s Proposed 15% Tariff on Fuel Imports, Warn of Rising Hardship and Monopoly in Petroleum Market
A public policy analyst, Rotimi Matthew, and several operators in Nigeria’s oil and gas sector have criticised the Federal Government’s proposed 15 per cent tariff on fuel imports, describing it …
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BusinessEconomyEnergyEnvironmentNigeriaOil & GasTechnology
MEMAN Says Fuel Subsidy Removal Driving Digital and Sustainable Transformation
The Major Energy Marketers Association of Nigeria (MEMAN) has said that the removal of fuel subsidy has opened new opportunities for innovation, investment, and digital transformation in Nigeria’s downstream oil …
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EconomyGovernanceHealthInnovationScienceTechnology
Nigeria Imports 99% of Medical Devices, 70% of Medicines
Nigeria’s overreliance on imported medical products has again come under scrutiny as the Federal Government revealed that the country imports about 99 per cent of its medical devices, 70 per …