Nigerian Economy Seeks Growth Boost Through Bank Recapitalization

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The Nigerian economy could see a significant growth boost as the nation undertakes a major bank recapitalization effort. Experts argue that by increasing the...

Economic Reforms Drive Positive Outlook for Nigeria’s Debt Rating by Fitch

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Nigeria's recent economic reforms have earned the country a positive outlook on its debt rating from Fitch Ratings. The credit rating agency has revised...

Dangote Sugar Pledges $700 Million Investment in Nigeria’s Backward Integration Program

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Dangote Sugar Plc has announced its commitment to invest over $700 million in the Backward Integration Program (BIP) for Nigeria's sugar industry. Chairman Aliko...

Investors Lose N784 Billion as Selloffs Drag Down Nigerian Stock Market

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Nigerian investors lost a significant N784 billion last week as selloffs across highly capitalized stocks kept the market in negative territory. The decline comes...

African Delegation Seeks Investment and Technology Access at OTC 2024

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New House International Limited will lead a delegation of executives and small to medium-sized enterprises (SMEs) from Africa to the 2024 Offshore Technology Conference...

FTC Cracks Down on Pharma Companies Blocking Generic Drugs with “Junk...

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Patients struggling with high prescription drug costs may get some relief as the FTC takes action against major pharma companies for allegedly using inaccurate...

Nigeria Launches $10 Billion Diaspora Fund to Attract Investment

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Nigeria is setting its sights on attracting investment from its global citizen base with a newly unveiled $10 billion diaspora fund. This initiative aims...

NAAT Proposes N350,000 Minimum Wage to Address Rising Cost of Living

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The National Association of Academic Technologists (NAAT) is calling for a significant increase in Nigeria's minimum wage, citing economic hardships faced by workers nationwide....

Access Holdings Plc Secures Shareholder Approval for $1.5 Billion Capital Raise...

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In a move to fuel ambitious growth plans, Access Holdings Plc, Nigeria's financial giant, secured unanimous shareholder approval for a capital raising program valued...

Global Trade Reaches Record Highs

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Global trade has reached new heights, exceeding US$30.4 trillion in 2023, according to the World Trade Organization (WTO). This marks a staggering fivefold increase...