Vice-President Kashim Shettima has said Nigeria’s ambition to build a $1 trillion economy depends on productive enterprise, investment, innovation and the ability of citizens to
Category: Business & Economy
UK, FSD Africa commit $335,000 to women-owned businesses
The United Kingdom Government and FSD Africa have committed $335,000 to establish an investment network aimed at mobilising $2.7 million in local capital for women-led
AFD, BOI sign $30m deal to fund creative sector
The French Development Agency (AFD) and the Bank of Industry (BOI) have signed a $30 million financing agreement to expand access to credit for Nigeria’s
ECOWAS targets 35% regional trade through e-commerce
The Economic Community of West African States (ECOWAS) has identified e-commerce as a key driver of regional economic integration, targeting an increase in intra-regional trade
Customs to host major border security, trade conferences in Abuja
The Nigeria Customs Service (NCS) will host two major conferences in Abuja in December 2026 to strengthen border security, facilitate legitimate trade and advance economic
Nigeria woos Korean investors, highlights youth development
Nigeria has called on South Korean companies to increase investments in manufacturing, agriculture, technology and shipbuilding to boost local production, create jobs and accelerate economic
China, Nigeria seek film industry deal
Nigeria and China are exploring billion-dollar opportunities in the film industry through co-production, technology transfer and cross-border distribution, as stakeholders seek to turn growing cultural
600m Africans lack electricity as Cotonou summit pushes power sector reforms
ACBF, AU, Benin rally policymakers, investors to fix struggling utilities, unlock energy financing and drive industrialisation Nearly 600 million people in sub-Saharan Africa remain without
Nigeria unveils 10-year capital market plan to mobilise investment for $1tn economy
Masterplan targets $56bn in investment funds, $10bn in annual diaspora inflows, fivefold increase in corporate bonds The Federal Government has unveiled a 10-year capital market
Wisdom Kwati group targets $100bn revenue by 2036, plans NGX, London listings
Conglomerate unveils 10-year expansion blueprint spanning smart cities, agriculture, fintech, aviation and manufacturing Wisdom Kwati Group, a Nigerian conglomerate, has unveiled an ambitious 10-year growth
