US-Nigeria Trade Hits $13 Billion in 2024, Nigeria Emerges Second-Largest African Partner
US-Nigeria trade has reached $13 billion in 2024, making Nigeria the second-largest African trading partner of the United States.
US-Nigeria trade has reached $13 billion in 2024, making Nigeria the second-largest African trading partner of the United States.
AFC’s 2025 report shows Africa has $1.1 trillion in institutional capital, urging transformation from raw exports to industrialisation.
Fitch has projected Islamic finance in Nigeria to grow by $4bn, citing CBN reforms and liquidity instruments.
Oando has posted a 267% profit increase, secured $375m refinancing as NAOC acquisition drives strong growth.
Zenith Bank has been named Nigeria’s Best Bank by Global Finance for its strong performance, innovation, commitment to customer-centred banking.
Nigeria’s Solid Minerals Minister Alake is at Murdoch University in Australia for a two-week mining knowledge exchange and collaboration program.
The NCS has grounded over 60 private jets, accusing the owners of refusing to pay import duty charges
Nigeria’s cybersecurity market is set to grow to $345.43 million by 2029, driven by rapid digital economy expansion, NITDA DG says
Vice President Shettima has said Nigeria aims to move from cocoa producer to processor, boosting value through sustainable farming.
The FG has partnered 10 firms on gas processing and storage projects aimed at deepening domestic energy transition.
IATA has said Africa’s passenger traffic will reach 345m by 2043, but high costs and restrictions are threatening growth.
Fitch Ratings agency has upgraded Fidelity’s national rating to ‘A+(nga)’ as the bank strengthens capital and boosts profits.
Banks deposited N17.5 trillion with CBN in May, a 4.8% increase from April, seeking safe returns amid lending risks.
Trump has announced the US will double steel and aluminium tariffs to 50% starting Wednesday, aiming to revive domestic production.
Moody’s has upgraded Nigeria’s credit rating from Caa1 to B3, signalling growing confidence in the economy.
The AfDB Nigeria Trust Fund has been replenished with $500m, with Finance Minister Edun saying it will unlock Africa’s private capital
TotalEnergies has announced plans to divest its 12.5% stake in Bonga Fields to Shell for $510 million
Nigeria is no longer Africa’s top fuel importer due to Dangote Refinery ramping up operations and domestic output.
The FIRS has consulted the manufacturing sector on an e-invoicing project to curb tax evasion and revenue losses.
Senate Gas Committee Consultant Olabode Sowunmi has said that Strategic Patience and Strong Institutions is Key to Nigeria’s Energy Future.
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