W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
FG engages Israeli, French firms to produce two satellites
By Yinka Kolawole, with agency report The Federal Ministry of Communications, Innovation and Digital Economy and Nigeria Communications Satellite (NIGCOMSAT) Limited have commenced engagement with Israeli and French manufacturers for the production of two next-generation communications satellites for Nigeria. NIGCOMSAT said the satellites, NigComSat-2A and NigComSat-2B, would be delivered by Israel Aerospace Industries (IAI) and Thales […]
Nigeria’s oil output wobbles after 10yrs of increase in rigs
lOutput drops 20.8% in five mature assets — Report lNigeria’s influence within OPEC+ declines lWe are committed to optimising output — Renaissance, Eni lBad omen requiring urgent steps — Experts By Udeme Akpan, Energy Editor There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production. […]
Nigeria’s oil output wobbles after 10yrs of increase in rigs
There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production.
How 23 stocks beat inflation
Twenty-three stocks quoted on the Nigerian Exchange Limited (NGX) have delivered returns well above Nigeria’s inflation rate so far in 2026, providing investors with significant nominal gains despite a challenging macroeconomic environment.
Nigerian importers are looking beyond China: Here is why quality control cannot be an afterthought
Cambodia is one of the answers gaining attention. The country’s exports reached $30.14 in 2025, up 14.7 percent year on year
