Nigeria needs $80bn investments for Agenda 2050 – Minister
The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, stated that Nigeria needs at least $100 billion in investments to accomplish the Nigeria…
Nigeria
LivingTrust Mortgage Bank repays DBN N950m loan
LivingTrust Mortgage Bank Plc has repaid a N950 million MSMEs grant to the Development Bank of Nigeria two months earlier than the…
Nigerian startup 60Seconds launches nightlife experience app
A Nigerian startup, 60Seconds, has built a platform that will revolutionize how revellers interact, engage, and transact in their favourite night spots. The PUNCH…
Nigeria’s Inflation hits 28.92% amid food price hike
Nigeria’s headline inflation jumped by 0.72 per cent to 28.92 per cent in December 2023, up from 28.20 per cent in November…
Russia set to launch to Wikipedia rival Ruwiki
The Russian version of the well-known Wikipedia online encyclopedia, Ruwiki, is scheduled to be live on Monday, according to Russian media. According…
IMF’s warns of spending ‘pressure’ ahead 2024 elections
The International Monetary Fund Managing Director, Kristalina Georgieva has stated that 2024 is likely to come with a lot of spending as…
NNPCL secures $2bn oil-for-cash loan from Afreximbank, UBA
The African Export-Import Bank as well as the United Bank for Africa have disbursed $2.25 billion from a $3.3 billion oil-for-cash loan…
NITDA to unbundle computer science programs at polytechnics
The National Information Technology Development Agency, Nigeria is now prepared to close the skills gap in information technology by having the National…
S’Africa billionaire Patrice Motsepe’s wealth increases by $400m
The wealth of Africa’s and South Africa’s richest man, Patrice Motsepe, has increased by $400 million. As of December 10, 2023, his…
FG to increase internet speed in Ogun, Edo, others
Nigeria plans to undertake a broadband development and adoption effort in Edo, Ogun, Kwara, Katsina, Imo, Abia, Borno, and Nasarawa in the first…
Exchange rate to stabilize in future, Minister tells investors
The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he expects the exchange rate to improve as a result of President…
Ten things to know about Adebayo Ogunlesi
Adebayo Ogunlesi is a Nigerian-born investment banker and lawyer. He is the founding member of the Global Infrastructure Partners, an equity firm…