Nigeria, along with Angola and Kenya, is positioning itself as an attractive destination for foreign investment in the aftermath of sharp currency declines. Citigroup Inc. has...
British authorities announced on Tuesday that they have formally charged former Nigerian oil minister Diezani Alison-Madueke with bribery offences. The charges stem from suspicions that she...
Nigeria is currently grappling with a pressing need for foreign currency, particularly dollars, while Norway, a nation sharing a comparable oil production capacity, witnessed its oil...
Nigerian consumers, along with others using telecommunication services within the country, collectively spent N3.33 trillion in 2022, according to the Nigerian Communications Commission (NCC) report. This...
Nigeria has been grappling with a foreign exchange crisis but recent data offers a glimmer of hope, indicating a positive shift in the country’s economic outlook....
With $20.1 billion in remittances in 2021, Nigeria was the second-highest recipient in Africa, trailing only Egypt ($28.3 billion). Although Egypt and Nigeria received over half...
President Putin affirms Russia's commitment to Africa's development and self-determination, promising continued support and humanitarian aid, including record grain supplies amidst global challenges.
Seamless North Africa 2023 witnesses the historic signing of a Memorandum of Understanding (MOU) between the Central Bank of Nigeria (CBN) and the Central Bank of...
GDP growth to reach 7% in 2023 as WAEMU nations bounce back from the shock of Russian invasion, says President Mohamed Bazoum
The World Bank has issued a warning that over 7 million additional Nigerians could fall into poverty, pushing the total figure perilously close to the alarming...