President Bola Tinubu Tinubu has welcomed new initiatives by Qatari investors to explore opportunities in the agricultural sector and assured that Nigeria remains open to strategic partnerships. The President gave the assurance on Friday at the State House while receiving Dr Mohammed bin Abdulaziz Al-Khulaifi, a special envoy from the Amir of th ... Read more

International Monetary Fund (IMF) has removed Nigeria from its list of debtor-countries. In a report titled: ‘Total IMF Credit Outstanding – Movement from May 01, 2025 to May 06, 2025,” obtained on the multilateral institution’s website yesterday, Nigeria was not listed among its debtors which has a total of 91 developing ... Read more

The sum of N250 million fine has been imposed on Paystack for operating Zap, its peer-to-peer payment app, as a wallet in breach of its regulatory approval. The fine was imposed by the Central Bank of Nigeria (CBN), who also flagged the payment app as a deposit-taking product, a function reserved exclusively for institutions with microfinance or ... Read more

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab. It was gathered that Dangote is among a select group of global business leaders appointed to drive investment and job creation in emerging economies. The World Bank announced Dangote’s ap ... Read more

The world economy is on a recessionary trajectory as global growth is expected to slow to 2.3 per cent this year due to escalating trade tensions and uncertainty, the UN trade and development body, UNCTAD, said in a new report published on Wednesday. The projection is below the 2.5 per cent threshold widely viewed as signalling a global recessio ... Read more

Amid Donald Trump’s escalating tariff war with China, the world has been left in no doubt. Consistent with his campaign messaging, and going against the overwhelming majority of economists’ advice, it’s clear that the US president still loves tariffs. He is ready to use them as a bargaining tool – and also to change them on ... Read more