Nigeria: W/Bank forecast Debt-to-GDP to fall below 40%
Nigeria’s economy is showing renewed signs of resilience, with the World Bank projecting a decline in the country’s public debt...
Business Affairs
Equity market sheds N459bn
Trading activities on the floor of Nigerian Exchange on Wednesday took a positive direction, appreciating by N459 billion as more...
Moody affirms AFC A3 rating with stable outlook
Orisemeke Benjamin Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has had its long-term issuer credit rating of...
Nigeria records higher food output, lower prices in 2025 -Minister
The Federal Government says Nigeria agricultural sector has experienced steady growth in the 2025 wet season, with increased production and lower...
Fiscal rules foster stability as spending pressures grow
By Era Dabla-Norris, Raphael Lam, Francisco Roch Countries have increasingly adopted fiscal rules and frameworks that aim to give clarity...
Mergers, acquisitions and partnerships fuel Africa’s mining expansion
Agency Reporter Opportunities for mergers, acquisitions and partnerships in Africa’s mining sector are growing, but ensuring long-term resilience remains critical...
ICIEC supports $466m financing for Lagos-Calabar coastal highway project
Orisemeke Benjamin The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member...
AfDB, JGC Corporation sign pact on sustaining Africa’s green aviation agenda
Orisemeke Benjamin The African Development Bank and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore...
Dear NAHCON, increase BTA to $800
Ibrahim Muhammad The ongoing downward review of the 2026 Hajj fare, as directed by President Bola Tinubu presents a timely...
Africa: Totalenergies, Chevron push for faster permits, better seismic data
Omeiza Bilal Africa’s oil and gas sector could be on the brink of a new exploration renaissance, driven by advances...
