Nigeria has launched a Feedlot Management Training Program aimed at preparing the country’s livestock value chain actors to tap into the $2.5 billion Foreign Direct Investment (FDI) deal recently sealed by President Bola Ahmed Tinubu with global meatpacking giant, JBS.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has met with the President-Elect of the African Development Bank (AfDB), Dr. Sidi Ould Tah, on the sidelines of the Bank’s Annual Meetings in Abidjan. The meeting was
The Federal Government has signed a landmark agreement with the African Development Bank (AfDB) to replenish the Nigeria Trust Fund (NTF) with $500 million and extend its operation through to 2040. It is described as a significant step towards promoting
The Federal Government say it has taken a significant step towards repositioning Nigeria’s economy, as the Economic Management Team (EMT) convened to assess Nigeria’s trade strategy, investment climate, and infrastructure planning. The session which was Chaired by the Minister of
President Bola Ahmed Tinubu has approved the appointment of Mr. Disun Holloway as Chairman of Theatre Partners, the entity charged with overseeing the operations and revitalisation of the iconic National Theatre, Lagos, renamed the Wole Soyinka Centre for Culture and
Nigeria’s macroeconomic situation is improving as a result of sustained reforms according to the latest edition of the Nigeria Development Update (NDU) report released Monday in Abuja, the Nigerian capital. The report, titled “Building Momentum for Inclusive Growth,” shows that economic growth
I look forward to this year’s Spring Meetings of the International Monetary Fund (IMF) and World Bank, and meeting with counterparts as we discuss critical issues facing the global economy and the important role of these institutions. In the United States, we
IMF’s Chief Economist, Pierre-Olivier Gourinchas has sounded the alarm on the Preservation of the Independence of Central Banks. This is following U.S. President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell, as he underlined the importance of maintaining their
Ahead of the International Monetary Fund (IMF) and World Bank Group (WBG) Spring meetings commencing Monday, April 21, 2025, the Central Bank of Nigeria (CBN) has partnered with J.P. Morgan, the Nigerian Exchange Group (NGX) and Africa Private Capital Association
The European Union has expressed keen interest in expanding trade and investment of member countries to Nigeria’s solid minerals sector. European Ambassador to Nigeria and ECOWAS, HE Gautier Mignot disclosed this during a courtesy visit to the Minister of Solid
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