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Nigeria Economic Growth

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Nigeria Bank CEOs Hold Small Stakes Compared to Global Peers

Nigeria bank CEOs stakes remain small compared to global peers, raising investor concerns as property overshadows equity in executive wealth.
Politics

Ogunlesi’s GIP in Talks to Acquire AES in $40 Billion Power Deal

Adebayo Ogunlesi’s GIP is negotiating a $40 billion takeover of U.S. utility AES, as AI-driven power demand intensifies global infrastructure deals.
News

IMF Reduces Nigeria’s Growth Projection to 2.9-Percent Over Oil, Agriculture

The IMF has revised Nigeria's 2024 economic growth forecast to 2.9 percent, citing disruptions in agriculture and oil production caused by flooding and insecurity.
News

 Tinubu Applauds $5M Boost in Foreign Reserves from Gold Transaction

President Tinubu celebrates a $5 million gold transaction, marking a significant milestone in Nigeria's economic diversification under the Renewed Hope Agenda.
Business

CBN’s Bold $500M Move to Stabilize Forex Market

In an unprecedented move, Nigeria's Central Bank releases $500 million to revitalize the Forex market, targeting a robust economic upturn.
News

IPCR Chief: Leadership Woes Hinder Nigeria’s Economy

In a critical analysis of Nigeria's economic challenges, Dr. Joseph Ochogwu, the Director General...

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News

Nigeria Bank CEOs Hold Small Stakes Compared to Global Peers

Nigeria bank CEOs stakes remain small compared to global peers, raising investor concerns as property overshadows equity in executive wealth.
Politics

Ogunlesi’s GIP in Talks to Acquire AES in $40 Billion Power Deal

Adebayo Ogunlesi’s GIP is negotiating a $40 billion takeover of U.S. utility AES, as AI-driven power demand intensifies global infrastructure deals.
News

NAFDAC Destroys N15 Billion Fake Drugs in Oyo

KEY POINTS NAFDAC destroyed fake and expired drugs worth N15 billion in Oyo State. ...
News

Steel Industry Vital to Nigeria’s Maritime Sector — SEREC

SEREC says a functioning steel industry is key to maritime development, stressing Nigeria must revive steel to unlock its maritime potential.

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