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 …
Nigeria
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Business and EconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaPoliciesWestern Africa
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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 …
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Banking, Finance & InvestmentDigital EconomyEconomyFinance & ServicesFintechNigeriaTechnologyWestern Africa
Bankit MFB Uses Games to Teach Nigerians About Money
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …
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DevelopmentEconomyINVESTMENTINVESTMENT
Nigeria and OECD Strengthen Partnership to Enhance Economic Reforms and Investment Opportunities
Nigeria is set to strengthen its economic partnerships with the Organisation for Economic Co-operation and Development (OECD) as part of a broader strategy to drive essential economic reforms and attract …
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For too long, many Nigerians have underestimated the power of politics. There is a common belief that as long as the economy is thriving, political issues can be overlooked. However, …
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AfricaCrimeCyber securityDigital Economy
Nigeria Tops Interpol’s Arrests with 306 Cybercrime Suspects Across Africa
Nigeria has emerged as a leading force in the fight against cybercrime in Africa, with Interpol reporting the arrest of 306 suspects across the continent. This achievement is part of …
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9mobileBusinessInformation & TechnologyNigeriaTechnologyTelecommunicationsWestern Africa
9mobile Refutes Shutdown Rumors, Assures Customers of Uninterrupted Service
9mobile has come out in full force to dismiss the recent rumors swirling about a possible shutdown of its operations. In a firm statement issued by top management, the telecom …