Nigeria Now Exciting Place to Invest - Bayo Ogunlesi Bayo Ogunlesi, the chairman of Global Infrastructure Partners, says his company plans to invest in Nigeria, describing the country as an “exciting place to invest in”. Ogunlesi spoke to state house journalists after a recent closed-door meeting...

Nigeria Becomes Senegal Refinery's Key Crude Supplier — Report   Nigeria has emerged as a key crude supplier to the 30,000-barrels-per-day Dakar Refinery in Senegal, even as the country celebrated its entry into the league of oil-producing nations last year. Senegal began pumping oil in mid-2024 from...

Austria and Nigeria have agreed to forge new ties and partnerships to deepen cooperation and trade between both countries.

U.S. 15% Tariff on Nigerian Goods Takes Effect Thursday, Threatening $12bn Exports The United States will begin enforcing a new 15% tariff on Nigerian exports next week Thursday, a move expected to hit the country’s oil-dependent economy and strain its trade ties with Washington. President Donald...

World Bank Warns Nigeria, Others as Investors Shun Debt-ridden Economies   The World Bank has warned that foreign private capital is retreating from developing economies such as Nigeria and others due to rising debt levels and weak growth prospects, and called for urgent debt reforms. The warning...

Nigeria, Others Top Africa's $95bn Remittance Inflows   Nigeria, Egypt, and Morocco have been listed as the highest recipients of the $95bn remittance into the African continent in 2024. This was revealed in the State of Africa’s Infrastructure Report 2025 published by the Africa Finance Corporation. The report...