Africa Launches Its Own Credit Rating Agency to Counter Global Bias
African economies have concluded on how they would be assessed on the global stage. This time, it would be through a new African-led credit rating agency which is set to begin operations by the end of September. According to a Bloomberg report, the…
KPMG Urges Nigerian Banks to Embrace Blockchain
Despite a surge in crypto adoption among Nigerians, most banks in the country remain on the sidelines. But global consultancy firm KPMG believes the wait-and-see approach may soon cost them. In a newly released report, developed in partnership with…
BVN Abroad: How Nigerians in Diaspora Can Now Secure Their Identity for $50
Gone are the days when getting a Bank Verification Number (BVN) meant catching a flight back to Nigeria, queuing at a bank, and battling red tape. For Nigerians living abroad, a revolutionary shift is now underway. With a laptop, internet connection, and…
Fresh Calls for NNPCL Audit as Tinubu, Buhari, Obasanjo Blamed for Missing Oil Funds
Fresh revelations about Nigeria’s state oil company have reignited public outrage, as calls for a sweeping audit of the Nigerian National Petroleum Company Limited (NNPCL) intensify. The storm follows a World Bank report exposing a N500 billion shortfall…
Is It Fool’s Gold? Experts Warn Against Betting It All
Gold has dazzled investors with a record-breaking rally, but experts caution that the precious metal’s glitter may be masking brewing risks. After soaring more than 40% over the past year, gold recently topped $3,500 (£2,630) per troy ounce, its…
UK Immigration Shake-Up Threatens Future of Nigerian, African Migrants
Thousands of Nigerians and other African nationals seeking to enter or remain in the United Kingdom may face heightened barriers following sweeping immigration reforms unveiled by the British government. The new policy measures, outlined in the UK’s…
AfDB Unveils $3bn Strategy for Nigeria’s Growth, Eyes 1.5 Million Jobs Plus a $1tn Economy
Nigeria is lucky. Nigeria needs help. The African Development Bank Group (AfDB) has launched an ambitious new five-year Country Strategy Paper (CSP) for Nigeria, pledging to commit $650 million annually from 2025 to 2030 to drive economic transformation,…
Nigeria to Launch National Agribusiness Policy to Boost Food Security, Stabilise Prices
The Nigerian government is gearing up to launch the National Agribusiness Policy Mechanism (NAPM), a transformative initiative aimed at strengthening agricultural productivity, stabilising food prices, and driving economic growth. The NAPM is part of a…
Ekiti State Seeks Stronger Alliance Between Traditional Rulers and Investors at Ikogosi Retreat
Ekiti State Governor, Mr. Biodun Oyebanji, has called for deeper collaboration between traditional rulers and private investors as a strategy to unlock new opportunities and accelerate development across the state. Speaking through his Chief of Staff,…
Trump’s Global Tariff Blitz Hits 60 Nations, Ignites Market Turmoil
President Donald Trump’s sweeping tariffs as come into force, targeting imports from 60 countries that he labels the “worst offenders”. However, critics have branded this decision an economic high-stakes gamble. China is worst hit with…