Over the past year, oil suppliers active in the Democratic Republic of Congo (DRC) recorded losses and shortfalls of $31.5 million, down from $288.6 million in 2023 (-89%). Daniel Mukoko Samba, ...

The Debt Management Office (DMO) has launched a new N300 billion Sovereign Sukuk bond, promising to sustain its effort to ...

We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full,” the minister said.

President William Ruto (right) his Finnish counterpart Alexander Stubb (second right), Deputy President Kindiki Kithure ...

The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not ...

Nigeria’s Federal Executive Council has directed the BPP to enforce new procurement thresholds, prioritise Nigerian goods and services nationwide.

Iceland launched the sale of nearly half of its 45.2% stake in Islandsbanki on Tuesday, as its finance minister told Reuters that recent global market turmoil has not dented investor interest in the ...

Nigeria's economy expanded by 4.6% year-on-year in the fourth quarter of 2024, marking its fastest growth in a decade, according to the World Bank. This surge was propelled by fiscal reforms and a ...

Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion ...

Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...