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,...
The National Bureau of Statistics (NBS) has released a sobering report on the country’s public debt, revealing that each Nigerian citizen now carries a heavy financial...
Bilateral borrowing of Nigerian States climbed by 64.26% in just six months amid the decline in the Nigeran naira value. This surge, totaling a significant $462.81...
Investigation has shown that Nigeria faces the challenge of an unutilized World Bank loan amounting to $8.25 billion as of July 2023. This information has been...