The country is particularly affected by the ongoing trade conflict triggered by the U.S. government’s tariffs, the IW explained.
Oando Plc, the indigenous firm that acquired Nigeria Agip Oil Company, says it has recorded four operational oil spills from October 2024 to date.
The Abia government has signed a memorandum of understanding with MTN Nigeria to advance the state’s digital transformation efforts.
The company also unveiled the Lura software platform and advanced AI system, which is deployed on drones.
“Each of the beneficiaries will receive N75,000,” the governor said.
She said the FEC approved a memo seeking to monetise Nigeria’s tangible and intangible assets in both the creative, cultural and tourism industry.
Information minister Mohammed Idris has confirmed that Nigeria has fully repaid the $3.4 billion COVID-19 loan from the International Monetary Fund.
Despite these gains, the World Bank official reiterated that many challenges remained, including persistent high inflation.
Data from the Central Bank of Nigeria’s website showed that the naira gained N5.71.
Flutterwave, Africa’s leading payments technology company, was recently ranked as a top 100 cross-border payment company by FXC Intelligence for the second consecutive year.
