Gunmen targeted the Dan Honu community in Nigeria’s northern Kaduna state, abducting at least eight people in the latest incident of kidnapping for ransom in the...
In a strategic move towards global economic collaboration, Nigeria is aspiring to join the BRICS group of nations within the next two years. The Minister of...
The Federal Government of Nigeria, in collaboration with the United Nations (UN) and various development partners, has set an ambitious target to raise $5 billion annually...
Nigerian and German companies have sealed two pivotal agreements in Berlin, valued at $500 million. The accords, announced by Presidential spokesperson Ajuri Ngelale, include a renewable...
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...