Nigeria’s central bank has pledged to clear a foreign-exchange backlog estimated at about $5 billion within a short space of time as it seeks to attract investment back into the …
Nigeria
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Identity fraud plagues West Africa with Nigeria and Ghana at the forefront, warns the 2024 Smile ID report on African fraud trends.
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The Nigerian Air Force (NAF) has expressed regret over a strike that killed dozens of civilians and injured others in January 2023, accepting for the first time its responsibility for …
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Nigeria’s new central bank governor, Olayemi Cardoso, has unveiled his ambitious plans to tame the country’s soaring inflation and boost the value of its currency, the naira. Cardoso, who took …
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Nigeria is in talks with the World Bank to secure up to $1.5 billion of budget support to help ease a severe dollar shortage that has contributed to the naira’s …
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Nigeria, Africa’s largest economy and most populous nation, is facing a severe cost of living crisis as inflation reached a record high of 28.92% in December 2023, the highest …
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Nigeria, Africa’s largest economy and most populous nation, has set an ambitious target to increase its tax revenue by 57% in 2024, as it seeks to improve its fiscal position …
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The outgoing French Ambassador to Nigeria, Ms. Emmanuelle Blatmann, has expressed her concern over the persistent insecurity in Nigeria, saying it has hindered the country’s economic potential and development. Blatmann, …
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Nigeria’s electricity regulator has announced the sale of one of the country’s largest power distribution companies, Kaduna Electric, over a $130 million debt. The Nigerian Electricity Regulatory Commission (NERC) said …
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Lagos, Nigeria – Dangote Group, Nigeria’s largest conglomerate and one of the biggest employers in the private sector has denied any wrongdoing amid an ongoing investigation by the Economic and …