Tag
NIGERIA
News and stories about Nigeria
The African Union (AU) has officially endorsed Nigeria as the Digital Trade Champion for the continent under the Africa Continental Free Trade Area (AfCFTA) Digital Trade Protocol.
Nigeria and the United Arab Emirates (UAE) have signed an amended Bilateral Air Service Agreement (BASA) to expand codeshare arrangements, allowing airlines from both countries to share flights and sell tickets on each other's networks.
Nigeria has recorded a slight improvement in Transparency International’s (TI) 2024 Corruption Perceptions Index (CPI), ranking 140 out of 180 countries.
The Federal Government of Nigeria is currently in discussions with the International Finance Corporation (IFC), a member of the World Bank Group, to explore capital market and funding options for infrastructure development through Public-Private Partnerships (PPP).
Average Nigeria’s Eurobond yield declined to 9.13% on Tuesday, February 4, 2025, down from 9.21% recorded the previous day, marking a 7.76 basis points (bps) decrease.
Nigeria’s trade relationship with the United States has come under scrutiny as U.S. President Donald Trump imposed massive tariffs on three of America’s largest trade partners Mexico, Canada, and China.
Nigeria has unveiled Service-Wise GPT, an AI-powered tool designed to enhance efficiency in public service delivery.
Nigeria’s gasoline imports have dropped to the lowest in almost years, as the Dangote refinery ramps up production and pushes out foreign suppliers.
President Bola Tinubu has secured $70 million from the International Finance Corporation (IFC) as funding for the mini-grid projects.
The European Union (EU) Ambassador to Nigeria, Mr Gautier Mignot, has expressed commitment to strengthen existing partnerships and contract new ones with the Nigerian government with focus on digital technology, and healthcare, among other sectors.
Nigeria’s foreign exchange reserves declined significantly in two weeks this January 2025, falling by $832.62 million between January 6 and January 21.
Air Sierra Leone, Sierra Leone’s national carrier, has officially launched direct flight operations between Freetown and Lagos, with three weekly flights marking a significant milestone in regional connectivity.