
TICAD9: Tinubu Targets $1bn Investment for Nigeria
President Tinubu leads Nigeria’s mission at TICAD9 in Japan, targeting $1bn+ in trade and investment, unveiling security reforms, and deepening ties with Japan
President Tinubu leads Nigeria’s mission at TICAD9 in Japan, targeting $1bn+ in trade and investment, unveiling security reforms, and deepening ties with Japan
The naira holds steady for nearly eight weeks at ₦1,520–₦1,537 per dollar the longest stable stretch in 2025 as CBN reforms
Nigeria’s inflation is projected to ease slightly in July 2025, with estimates between 22.20% and 22.80%. Experts cite harvest gains and naira stability
The ICRC warns that over 3.7 million people face hunger in northeast Nigeria as conflict disrupts farming, fishing and pastoral livelihoods.
Nigeria’s GDP grew by 3.13% in Q1 2025 after rebasing. Services sector drives growth as real estate overtakes oil.
Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
Sterling Bank Plc to raise $400 million through debt and equity instruments to expand its balance sheet, boost growth, and strengthen market competitiveness.
Geregu Power Plc posts N13.3bn pre-tax profit for Q2 2025, exceeding forecasts with 61% YoY growth. Half-year profit hits N26.3bn despite Q1 revenue dip.
Nigeria’s Lekki Port has started international transhipment operations to Togo, Ghana and Abidjan, targeting 500,000 TEUs by year-end
Experts fault IMF’s fresh projection of 3.4% GDP growth for Nigeria in 2025, calling it unrealistic given weak oil production, high inflation, and worsening poverty.
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