In a strategic move to bolster service delivery and achieve cost efficiencies, MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Nigeria and Uganda. This
In February 2025, Nigeria’s money supply experienced a contraction, marking its first decline of the year. The total money supply decreased by 0.56%, falling from N110.94 trillion in January to
In a recent assessment, the World Bank has expressed concern over Nigeria’s statistical system, noting that it lags behind those of comparable nations such as Brazil and South Africa. The
Nigeria LNG Limited (NLNG) has reaffirmed its dedication to improving the operational efficiency of domestic Liquefied Petroleum Gas (LPG) supply in Nigeria. The company aims to address challenges in the
Edo State Governor, Monday Okpebholo, has signed the state’s Electricity Bill into law, marking a significant step towards achieving universal access to electricity for residents within the next four years.
Nigerian entrepreneur and philanthropist Tony Elumelu has called on global investors to actively participate in Africa’s economic transformation by leveraging opportunities presented by the African Continental Free Trade Area (AfCFTA).
The Federal Government of Nigeria has secured a $500 million concessional loan from the International Development Association (IDA), the World Bank’s low-interest arm, to enhance the nation’s health sector. This
Baobab Nigeria, a leading microfinance institution, has achieved a significant milestone by disbursing N500 billion in loans to Micro, Small, and Medium Enterprises (MSMEs) across the country. This accomplishment underscores
The highly anticipated Nigeria Food Summit has commenced in Lagos, bringing together key stakeholders from the agricultural sector, government agencies, and international organizations to discuss strategies for addressing food insecurity
Dangote Cement Plc has successfully listed its N38 billion 10-year bond on the Nigerian Exchange (NGX), marking a major milestone in the company’s ongoing capital-raising efforts. The bond, which forms
