Latest Economy News

U.S ready to fund mining projects in Nigeria

The Federal Government and the United States are currently holding talks on…

Lithium: Alake meets UK Deputy Prime Minister in London

A comprehensive investment package comprising the Lithium value chain topped talks between…

Power Generation: Nigeria signs new deal with Siemens for 12,000mw

Nigeria and Germany have made effort to seal agreements reached last month…

Nigeria Central Bank to mandate banks to raise capital base

The Central Bank of Nigeria say it will direct banks to shore…

Nigeria’s Refineries Revamp: Saudi Arabia Pledges Investment

The Government of Saudi Arabia has pledged to invest in the revamp…

NNPCL says demand for Nigerian crude oil in Asia dipped amid Russia-Ukraine war

Nigeria's state oil company Nigerian National Petroleum Company Limited (NNPCL) says the…

LoftyInc’s Project Sparrow Announces Fresh Finance Disbursement to Empower Startups 

The LoftyInc Project Sparrow team is pleased to announce a significant finance…

American company to establish tractor assembly plant in Nigeria

An American company, John Deere, has agreed to set up a tractor…

FG Partners Chinese Company On Lithium Minning

A Chinese company, Ganfeng Lithium Limited, is to work with the Nigerian…

Nigerian-Germany Cooperation: Trade Volume Hits €3bn in 2022

Germany says it remains committed to deepening and strengthening bilateral relations with…

Oil prices rise as markets focus on supply tightness

Oil prices rose by more than $1 a barrel on Wednesday as…

President rings closing bell at NASDAQ in New York

The United States Chamber of Commerce’s U.S.- Africa Business Centre played hosts…