Powered by oil boom, Nigerian economy expands at its fastest pace in five years
Real GDP grew 4.43% in the three months through June, accelerating from 3.89% in the Q1, according to the Nigeria's National Bureau of Statistics...
Tag : Nigeria
ExxonMobil announces major investments in Nigeria and Cyprus offshore projects
ExxonMobil will be returning to drilling operations in Nigeria after nearly a decade, with its last campaign in the African country conducted in 2016...
Nigeria’s Dangote refinery imports crude from UAE’s ADNOC for first time
Dangote imported one cargo of Umm Lulu crude and another of either Das or Murban crude in June, reports stated...
52nd AIO Conference: Nigerian insurers asked to increase digital adoption
At the AIO Conference, insurance executives argued that the biggest challenge facing the industry was no longer product availability but distribution...
Connecting 20 million citizens: All you need to know about Nigeria’s NUCAP
Through the NUCAP, Nigeria will deploy 3,700 modern telecommunications towers across its territory, targeting rural and riverine areas lacking reliable network coverage...
Bank recapitalisation creates USD 22.1 billion wealth in Nigeria’s equity market
February 2026 delivered a market capitalisation gain of 17.6 trillion naira, the highest single-month increase ever recorded in Nigeria's stock market...
As CBN stabilises Nigeria’s macroeconomy, balance of payment reaches USD 4.59 billion
Nigeria is recovering from headline inflation, which rose to 29.9% in January 2024, reflecting sustained food price pressures, exchange‑rate pass‑through, and structural supply constraints...
Bristow receives Airbus H160s to address Nigeria’s offshore transportation challenges
With three additional H160s scheduled for delivery, Bristow is well-equipped to operate one of Africa's most modern and capable fleets...
The cyber threat to Africa’s digital boom
Nobody really knows how much of the economy is at risk, but there are even studies that claim that cybercrime causes Africa almost 10% of its GDP...
Ghana’s economic stabilisation: A new dawn?
Despite growing interest, Ghana's annual FDI has fluctuated due to macroeconomic uncertainty, culminating in a debt crisis in 2022...