African Development Bank portfolio in Nigeria over $6bn, says Adesina
African Development Bank's total active portfolio in Nigeria is over six billion dollars, according to Adewumi Adesina, the bank's president. In ...
Saturday, March 14, 2026
Tag: Nigeria economy
Nigeria economy grows 1.4% in q3 as oil production increases to 2.03m bpd
Nigeria’s economy expanded in the third quarter 2017, as oil production output increased. The gross domestic product of Africa’s largest ...
Nigeria set to boost agricultural exports with $1bn crop-processing park
Nigeria plans to establish a $1 billion crop-processing park with Turkish investors in the country’s north as part of efforts ...
Only $2.5bn of $5.5bn foreign loan request by govt. is new borrowing, Nigerian finance minister explains
Kemi Adeosun, Nigeria’s finance minister has explained that only $2.5 billion of the recent loan request by the federal government ...
Nigeria to restructures debt portfolio, puts $5.5bn Eurobonds on sale before year-end
Nigeria’s Debt Management Office (DMO) has indicated plans to restructure the nation’s debt portfolio through more foreign borrowings, just as ...
Nigeria central bank plans N130bn treasury bills auction Oct 4
Nigeria’s central bank Wednesday said its fortnightly treasury bills auction would resume October 4, 2017 with N130.37 billion on offer. ...
Nigeria to pull out of 90 international organizations due to $120m backlog of financial obligations
Nigeria’s federal government has announced its decision to stop its membership of 90 international organisations due to a backlog of ...
Economic recovery in sub-Saharan Africa picks up steam as Nigeria returns to growth
Recent data confirms that the slow economic turnaround of the sub-Saharan Africa (SSA) region continued in the second quarter buoyed ...
Nigeria’s ease of doing business policy faces fresh hurdle as Customs places ‘red alert’ at ports, borders
Government policy on ease of doing business at the ports faced fresh hurdles Thursday following a red alert placed by ...
Nigeria’s N100bn rail freight market hobbled by infrastructure deficit as operators carry only 0.2% of potential
Edeme Kelikume, managing director, ConnectRail Services Limited The size of the Nigerian rail freight market has been estimated at N100 ...
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