
Nigeria Targets $32.8bn Investment to Power 300 Million Africans
Federal Government plans to raise $32.8 billion including $15.5 billion from private investors to provide electricity for 300 million unserved Africans
Federal Government plans to raise $32.8 billion including $15.5 billion from private investors to provide electricity for 300 million unserved Africans
Nigerian banks like GTBank, First Bank, UBA, Providus, and Wema Bank have lifted restrictions on naira card use abroad, setting new spending limits
Foreign transactions on the Nigerian Exchange rose by 88.54% to N118.9bn in May 2025, boosting total market activity
Lagos Governor Sanwo-Olu hails MTN as it launches Nigeria’s biggest data centre in Lagos to power West Africa’s digital transformation
The naira strengthened slightly against the dollar on the first trading day of July 2025, as Nigeria’s ongoing FX reforms
Dangote Refinery says its N720 billion investment in CNG trucks and free fuel delivery will save Nigerians N1.7 trillion yearly
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions
Dangote Cement shareholders approve N30 dividend per share for FY 2024, totaling N506bn payout. Company posts N209bn Q1 profit
Nigerian Ports Authority sets a N1.28 trillion revenue target for 2025, led by ship dues and infrastructure upgrades, aiming for 40% growth
Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay USSD charges via airtime
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