Nigeria's government has called on South Africa to take urgent and decisive action against recurring attacks on foreign nationals, as official records show 98 Nigerians have been killed in mob violence and hate-related incidents since 2022. The demand came during a meeting in Abuja on Monday, where South Africa's Minister of International Relations and Cooperation, …
Nigeria must urgently reduce the cost of production or risk conceding its growing African market to competitors, the Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, has warned. Bakrin spoke at the technical session of the 17th National Council on Industry, Trade and Investment (NCITI) in Enugu, where he presented what he …
Nigerian government says private capital is critical to ending poverty as UN highlights gains in health, education and humanitarian interventions. The Federal Government and the United Nations (UN) have reaffirmed their commitment to accelerating the implementation of the Sustainable Development Goals (SDGs), with a renewed focus on innovative financing, poverty reduction, social protection and …
Changes in industry conditions can alter a company's credit rating long before the impact appears in its financial statements. DataPro, a leading compliance, corporate governance, and fraud risk management consulting firm in Nigeria, said this in its July Rating Brief. According to the firm, credit assessments go beyond historical financial performance by evaluating how industry …
First visa fee review in nearly five decades sparks concerns over affordability as Japan moves to fund immigration reforms, tighten compliance and manage a growing foreign population. Nigerians seeking to study, work, conduct business or visit Japan will soon face significantly higher travel costs following Tokyo’s decision to increase visa fees by as much …
As policymakers and international institutions raise concerns over the growing use of stablecoins in Nigeria and other emerging markets, the debate has largely centred on risks to monetary sovereignty and financial stability. In this exclusive interview with FRIDAY EHIME ALEX, the CEO and Co-Founder of WeFi, Maksym Sakharov, argues that the rapid adoption of dollar-backed …
Nigeria and the United Kingdom have deepened their economic partnership by launching a £15 million growth programme. The programme is aimed at supporting Nigeria's economic reforms, unlocking investment and accelerating growth over the next three years. The initiative was announced during a high-level meeting on Thursday between the minister of finance and coordinating minister of …
From armed robbers and communal clashes to terrorism, banditry and mass kidnappings, how Nigeria's security landscape changed under democratic rule When Nigeria returned to democratic rule on May 29, 1999, it was a moment of immense national optimism. After years of military governance, millions of Nigerians embraced democracy with the hope that it would …
Nigeria’s impressive 12-match unbeaten run came to an end on Wednesday after a 2–1 defeat to Portugal in an international friendly. The encounter was tightly contested for long spells before the hosts broke the deadlock late in the game, only for the Super Eagles to briefly fight back. Both sides struggled to find clear openings …
The United States is ramping up efforts to expand digital connectivity in West Africa with plans to support the deployment of approximately 1,500 mobile communications base stations across Nigeria, Benin, Côte d’Ivoire and Ghana. The initiative, driven by the United States Trade and Development Agency (USTDA), is aimed at improving internet and mobile network access …
