KEY POINTS
Nigeria and Türkiye signed an MoU to strengthen cooperation in solid minerals development, mining technology, and investment.
Dele Alake said ongoing reforms and crackdowns on illegal mining are improving investor confidence in Nigeria’s mining sector.
Türkiye expressed readiness to expand investments in...
KEY POINTS
Nigeria’s economy grew by 3.89% in Q1 2026, according to the National Bureau of Statistics, showing a slowdown from the previous quarter.
Agriculture improved significantly, while industry recorded modest gains and services remained the largest contributor to GDP at 57.73%.
Despite slower...
Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.
Nigeria has attracted over $2.6 billion in foreign direct investment into its solid minerals sector in two years, Minister Dele Alake disclosed at the Powering Africa Summit in Washington.
The Securities and Exchange Commission and the NYSC have signed an MoU to train corps members as financial literacy facilitators and protect young Nigerians from fraudulent investment schemes.
Nigeria's manufacturing sector slipped to an 8.05 percent share of real GDP in 2025, falling from 8.24 percent the previous year even as output posted a slight improvement.