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 …
Nigeria
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Business and EconomyNigeriaTechnologyTelecommunicationsWestern Africa
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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 …
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BusinessEducationFinance & ServicesTechnology
Accion Microfinance Bank Empowers Women Entrepreneurs with Digital Skills
Accion Microfinance Bank (MfB) has taken a significant step towards empowering female entrepreneurs by equipping them with essential digital skills to enhance their businesses. The bank recently hosted a one-day …
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AfricaALGERIABusiness and EconomyEgyptFinance & ServicesMoroccoNigeriaTANZANIA
Africa’s Billionaires’ Wealth Reaches $105 Billion; Dangote Leads for 14th Year
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
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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 …
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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 …
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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 …
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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 …
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EconomyEnergyNatural ResourcesNigeriaOil & GasPoliticsWestern Africa
Bill to Give States Control Over Oil and Mineral Resources Passes Second Reading
The House of Representatives has passed the second reading of a bill that seeks to grant state governments full control over oil and mineral resources within their territories. If passed …
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EconomyNigeriaTrade and CommerceWestern Africa
Nigeria’s Maritime Trade Hits N130.8 Trillion in 2024
Nigeria’s foreign trade via maritime transport surged by 91% in 2024, reaching N130.75 trillion, up from N68.44 trillion in 2023, according to the National Bureau of Statistics (NBS). Exports dominated …