Nigeria, amidst its ongoing struggle with multiple economic challenges, is set to redeem a $500 million Eurobond this month (July). The repayment of this loan, obtained five years ago at a coupon rate...
The World Bank's Nigeria Electrification Project (NEP) has made a significant pledge of $750 million with the goal of revitalizing rural electrification initiatives and improving electricity accessibi...
The Central Bank of Nigeria (CBN) made a significant move on Thursday, June 22nd, 2023, by auctioning $29.5 million at the interbank window. This auction showcased the CBN's intervention in the forex ...
Bill Gates, the renowned founder of Microsoft and Co-chair of the Bill and Melinda Gates Foundation, has called upon the Federal Government of Nigeria to amplify its investment in equitable solutions ...
In response to the urgent food security and nutrition crisis in northeastern Nigeria, the United Nations has taken swift action by allocating a substantial sum of $20 million. UN Deputy Spokesperson F...
ThriveAgric, an agritech startup based in Nigeria, has made a substantial investment of over $100 million to empower 514,000 smallholder farmers across Africa and facilitate the expansion of food prod...
Nigeria has once again reclaimed its position as Africa's leading crude oil producer, as reported by the Organization of Petroleum Exporting Countries (OPEC) for the month of May 2023. The country's d...
The Federal Trade Commission (FTC) has unleashed a flurry of legal maneuvers to block Microsoft's ambitious acquisition of gaming powerhouse Activision Blizzard. With the July 18 deadline looming, the...
The removal of fuel subsidy has greatly affected the citizens of Nigeria as the number of commuters and motorists who use the road regularly is much. However, the removal of fuel subsidy has not been ...
In a display of resilience and dedication, shareholders of GlaxoSmithKline Consumer (GSK) Nigeria Plc have wholeheartedly endorsed the proposal to pay a dividend of N657.73 million. The rate of 55 kob...