The Minister of Works, David Umahi, has unveiled an ambitious plan to revolutionize Nigeria’s road infrastructure, disclosing that the government is seeking a $35 billion investment...
The Federal Government of Nigeria is poised to withdraw civil claims amounting to $1.1 billion against Eni SpA, signaling the conclusion of a protracted legal dispute...
Nigeria’s oil and gas sector witnessed a notable absence of foreign investment in the second quarter of 2021 as international oil companies (IOCs) remained reluctant to...
The British International Investment (BII), the United Kingdom’s development finance institution, has announced a substantial commitment of $26.5 million to AFEX, a renowned agricultural commodity exchange,...
Nigeria and the Commonwealth of the Bahamas have solidified their commitment to sign a visa waiver agreement specifically tailored for Diplomatic and Official Passport holders from...
Nigeria’s debt to China has increased from $3.93 billion as of June 30, 2022, to $4.73 billion as of June 30, 2023, representing a $800 million...
President Bola Tinubu has extended a heartfelt call to all Nigerians to join hands in the collective effort to rebuild the nation. His appeal comes in...
Nigeria has succeeded in overturning the enforcement of the $11 billion arbitration award in favor of Process and Industrial Developments (P&ID) after a five-year-long legal battle....
Nigeria and the European Union (EU) have officially signed a €900 million financial package aimed at propelling Nigeria’s green, resilient, and digital inclusive transition. This landmark...
Nigeria, the most populous nation in Africa, continues to grapple with challenges in its electricity sector, resulting in a significant lag behind its West African neighbor,...