World Bank has released its January 2025 Global Economic Prospects report and have provided a forecast to Nigeria's expected GDP growth projections for the year.
The European Union (EU) Commission has allocated €510 million to Nigeria and other countries in sub-Saharan Africa.
The International Monetary Fund (IMF) has raised its growth forecast for the global economy to 3.3 percent in 2025 — up from a 3.2 percent projection in October 2024.
The commission stated that the EU has budgeted €1.9 billion for humanitarian assistance to vulnerable populations worldwide.
Sub-Saharan African countries should be given more financial and technical support to cope with climate change disasters, so that they can continue to spend funds on economic development.
Sub-Saharan African countries lost $1.56 billion to government-induced shutdowns in 2024, according to a new report by Top10vpn, an international VPN review
With an average data cost of $0.38 for a gigabyte, mobile data in Nigeria is one of the cheapest in the world and one of the lowest in Africa. This position was affirmed by the International ...
SA and Nigeria, the region’s two biggest economies, are both making reforms that boost their creditworthiness and economic-growth prospects, Moody’s said.
Analysis - When the Nigerian Air Force celebrated its 60th anniversary in May 2024, its spokesperson declared it was set to become the third largest air force in Africa within the next two years. This is based on the massive procurement and delivery of air assets and the capacity building programme of the force in recent years.
New platform aims to expand energy access in sub-Saharan Africa with cutting-edge renewable and storage solutions.
The European Union has announced an initial humanitarian assistance package of €1.9bn for 2025, with €510m earmarked for Nigeria and other countries in sub-Saharan Africa. The European Commission revealed the allocation in a statement on Thursday,
Experts agree that the private sector must play a role in African urbanization, saying African states are too fiscally constrained to fill the investment gap themselves. Rendeavour, a private company with a multibillion-dollar balance sheet, has deep enough pockets to make a difference.