Rising Debt and Limited Financing Threaten Nigeria’s Economic Recovery in 2025 – LCCI
President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has warned that Nigeria’s economic recovery in 2025...
CBN Projects 4.17% GDP Growth in 2025 as Inflation and FX Reforms Take Shape
The Central Bank of Nigeria (CBN) has forecasted a 4.17% economic growth rate for 2025, driven by ongoing reforms and...
Nigerian Government Approves N4 Billion for Cash Transfers, N2 Billion Loans for Vulnerable Nigerians
The Federal Government has approved N4 billion for conditional cash transfers to support at least 10 million displaced households across...
Nigerian Banks Begin Enforcement of POS Withdrawal Limits: N100,000 Daily, N500,000 Weekly
Banks across Nigeria have begun implementing new withdrawal limits of N100,000 per day and N500,000 per week on Point-of-Sale (PoS)...
Moniepoint Secures Fresh Funding from Visa; Poised to Boost Financial Inclusion and SME Growth in Africa
Moniepoint Inc., a Nigerian fintech unicorn, has secured funding from Visa, the global leader in digital payments. This follows its...
Nigeria, Global Leaders Target $29 Trillion African Economy by 2050
Vice President Kashim Shettima joined global leaders at the 2025 World Economic Forum (WEF) in Davos, Switzerland, to champion the...
Nigeria Partners WIOCC to Invest $10 Million in Expanding Fibre Connectivity
The Federal Government of Nigeria, through the Ministry of Communications, Innovation & Digital Economy (FMCIDE), has signed a $10 million...
Nigeria Needs $360 Million to Expand 4G Coverage to 98%, Says GSMA
The Global System for Mobile Communications Association (GSMA) has revealed that Nigeria requires an additional $360 million investment to expand...
Nigerian Business owners Urged to Harness Export Opportunities as Naira Weakens
The Central Bank of Nigeria (CBN) has encouraged businesses to adopt export-focused strategies to leverage the naira's depreciation. Speaking at...
West African Nations Secure $25 Billion for Industrial Growth
Four West African countries—Nigeria, Ghana, Côte d’Ivoire, and Senegal—have attracted landmark investments totaling $25 billion to bolster their industrial capacities. ...
