Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has called on wealthy Nigerians and African entrepreneurs to invest within their countries, stressing that it remains the only …
Nigerian Economy
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Minister of Information Says Nigerian Economy is Improving
The Minister of Information and National Orientation, Mohammed Idris, has said that Nigeria’s economy is showing steady signs of improvement due to the series of reforms introduced by President Bola …
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Transactpay Launches ₦20 Million Grant to Support Young Nigerian Entrepreneurs
A Nigerian fintech company, Transactworld Digital, has launched a new ₦20 million business grant to support young entrepreneurs and small businesses across the country. The initiative, called the Transactpay Thrive …
The International Monetary Fund (IMF) says Nigeria can make real progress if it increases its revenue, builds a better national budget system, and expands its cash transfer programme to help …
The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …
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Foreign Investor Backs Nigeria’s Economic Reforms as IMF, CBN Hail Progress
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
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Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
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Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
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Keystone Bank, Pan-Atlantic University Partner to Promote SMEs
Keystone Bank Limited has signed a strategic Memorandum of Understanding (MoU) with the Enterprise Development Centre (EDC) of Pan-Atlantic University to drive support for small and medium-sized enterprises (SMEs), promote …
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Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …