News
Nigeria and Saudi Arabia Strengthen Economic Partnership
Nigeria has taken a significant step to bolster its economic ties with Saudi Arabia through a high-level delegation to Riyadh, led by the ...
Global
Global: China, Nigeria Extend $2bn Currency-Swap Deal
China and Nigeria have renewed a 15 billion yuan ($2 billion) currency-swap agreement to enhance trade, investment, and financial collaboration between the two ...
News
Nigeria: Telecom Operators Suffer N35.4bn Loss Due to Fibre Cable Cuts in 2023
The Nigerian telecommunications sector faced significant challenges in 2023, with operators reporting losses of at least ₦35.4 billion (approximately $23 million) due to ...
News
Nigeria: Stanbic IBTC Facilitates $2 Billion FX Inflows into Nigeria
Stanbic IBTC Bank has reinforced its position as Nigeria’s leading bank for capital importation, accounting for a significant 28.30% of total foreign capital ...
News
Togo Secures Additional $58 Million Loan from IMF
Togo has gained access to a $58.7 million loan from the International Monetary Fund (IMF) following the completion of the first review under ...
News
Global: Egypt Secures $1.2 Billion IMF Loan Agreement
Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) on the fourth review of the Extended Fund Facility (EFF), paving ...
News
Nigeria: FG to Fund 50% of Nigeria’s $2B Fiber Optic Project
According to Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, the Federal Government of Nigeria has committed to funding 50% ...
News
Nigeria: IFRS Applauds Nigeria’s Progress in Sustainability Reporting
The International Financial Reporting Standards (IFRS) Foundation has commended Nigeria for its significant strides in sustainability reporting, highlighting the country’s efforts to align ...
News
Nigeria: Lagos State Enhances Revenue Collection with AI-Powered Tax System Training
The Lagos State Government has advanced its efforts to meet its 2025 revenue goals by equipping 450 revenue officers with expertise in the ...
News
Nigeria: How Inflation, Forex Reforms, and Recapitalization Shaped Nigeria’s Banking Sector in 2024
The Nigerian banking sector in 2024 was marked by significant policy changes driven by surging inflation, foreign exchange (forex) reforms, and a recapitalization ...
