S&P projected that Nigeria’s current account surplus would improve to 5.8 per cent of GDP in 2026 from 4.8 per cent in 2025.
The AfDB said the continent required huge investments in infrastructure, energy, food security, climate adaptation and job creation.
Regions Bank allegedly approved forgiveness of a PPP loan obtained by an individual through Regions Bank, but the PPP loan was not eligible for forgiveness.
In total, Mr Weiss obtained approximately $229.6 million in loans from multiple financial institutions through this scheme.
Ms Jones was sentenced to 9 months in prison, followed by nine months of home detention and 15 months of supervised release, and was ordered to pay restitution and a fine.
Kashifu Inuwa, director-general of NITDA, said the initiative was designed to address structural regulatory bottlenecks slowing innovation in Nigeria’s digital economy.
Mr Delgado’s scheme involved soliciting victims to invest substantial sums of money under false and fraudulent promises of monthly returns.
“The Civil Rights Division will keep fighting for U.S. workers and will hold companies accountable for favouring temporary visa holders for American jobs,” said a DOJ official.
He described the development as disturbing and a direct attack on critical national infrastructure.
The command exceeded its 2025 revenue target of N1.524 trillion.
