African Investors Contribute 22.76% to Nigeria’s Q3 2024 Capital Inflows Despite Decline
The National Bureau of Statistics (NBS) reports that African investors, excluding Nigeria, accounted for 22.76% of Nigeria’s foreign capital inflows...
Africa Faces $50 Billion Food Import Bill, Poses Threat to Economic Stability and Food Security
African nations spend an average of $50 billion each year importing food, a reliance that could surge to $110 billion...
NIPC Targets Fintech, Agri-Tech, Renewable Energy For Investments
The Nigerian Investment Promotion Commission (NIPC) is prioritizing fintech, agri-tech, and renewable energy sectors as part of its plan to...
Mastercard, MTN, and Arifu Partner to Support One Million SMEs in Africa with Digital Upskilling
Mastercard Center for Inclusive Growth, MTN Group Fintech, and Arifu have joined forces to support one million small businesses in...
Nigeria’s Inflation Rate Jumps to 34.60% in November 2024, Food Prices Soar
Nigeria's headline inflation rate surged to 34.60% in November 2024, up from 33.88% in October 2024, according to the latest...
Nigerian Government offers Free Train Services Nationwide for Christmas and New Year Celebrations
The Federal Government of Nigeria has announced free train services across the country from December 20, 2024, to January 5,...
UBA Donates N500m to Lagos State Security Trust Fund
The United Bank for Africa (UBA) has contributed N500 million to the Lagos State Security Trust Fund (LSSTF) to bolster...
FG, States to Validate $700m Project Against Climate Change
The Federal Government, in partnership with 19 northern states and the Federal Capital Territory, is set to validate the first...
NNPC Secures $1bn Loan to Boost Dangote Refinery and Stabilizes FX with $3bn Gazelle Deal
The Nigerian National Petroleum Company Limited (NNPCL) has announced securing a $1 billion crude-backed loan to support the operational launch...
SEC Enhances Capital Market Participation with New Initiatives
The Securities and Exchange Commission (SEC) has unveiled a new initiative, #InvestNigeria, to encourage Nigerians to participate in the capital...
