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What You Need to Know Nigeria is Africa’s most populous nation and one of its most influential economic and cultural powers. Stretching from the Atlantic coast through forests and savannahs to the Sahel, Nigeria is defined by scale—of people, markets, creativity, and complexity. Long shaped by trade, entrepreneurship, and federal governance, the country sits at […]
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Contributed by In On Africa (IOA) Country overview: IOA has focused considerable in-depth research and has undertaken consulting services on Nigeria to form a data-based understanding of the Giant of Africa. Our economists note that the populous country has historically Africa’s largest economy, Nigeria saw its nominal GDP revised downward in 2024 following significant naira […]
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By Frank Eleanya When President Bola Tinubu announced the removal of Nigeria’s decades-old fuel subsidy in May 2023, the shockwaves were immediate and severe. Overnight, petrol prices surged from ₦185 ($0.36) to above ₦500 ($0.96) per litre, later climbing past ₦600 ($1.15). As households and businesses struggled with the inflationary fallout, the policy shift also reshaped […]
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Contributed by Aspire Institute Embarking on an extraordinary journey from Makurdi in Benue State, Nigeria, to the prestigious halls of Princeton University, Aspire Leaders Program alumnus, Godwin Obi, shared an inspiring narrative of resilience, determination, and the transformative power of education in a recent interview. Now a doctoral candidate in the department of Mechanical and Aerospace Engineering working […]
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Sun King, the world’s leading off-grid solar company, has signed a Memorandum of Understanding (MOU) with the Rural Electrification Agency (REA) under the Government of Nigeria to strengthen cooperation on renewable energy access, local manufacturing, and data-driven innovation. The agreement, signed during REA’s Nigeria Renewable Energy Innovation Forum (NREIF) in Abuja, was witnessed by the […]
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Nigeria’s oil and gas sector is entering a defining new chapter, marked by bold policy reforms and renewed investor commitments. In May 2025, President Bola Tinubu signed the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025, introducing tax credits of up to 20 percent for operators who achieve cost-efficiency targets. The reform is designed to […]
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Exhibitors cite strong investor leads and international visibility as inaugural event brings in participants from 78 countries The debut of GITEX NIGERIA brought a global spotlight to Nigeria’s digital economy, with international exhibitors and investors confirming strong engagement and immediate business opportunities. Held under the patronage of H.E. Bola Ahmed Tinubu GCFR, President of the […]
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Africa’s leading payments technology company, Flutterwave, has recently announced the launch of its referral program through Send App, its cross-border remittance product. The integration of Swap into Send App has empowered users to effortlessly convert Nigerian Naira (NGN) to foreign currencies, facilitating smooth cross-border money transfers. Remittances are a critical engine for Africa’s projected $1.5 trillion digital […]
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Global tech leaders including IBM, Meta, and MTN join GITEX NIGERIA 2025, driving tech opportunities that contribute to President Bola Ahmed Tinubu’s Renewed Hope Agenda across talent development & digital infrastructure Nigeria has risen to the forefront of Africa’s digital economy with a powerful ecosystem that is both homegrown and resilient – fuelled by government […]
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West Africa stands at a defining crossroads. As global aid recedes and trade alliances shift, West Africa is being challenged to take ownership of its economic future through industrialisation, infrastructure development intra-regional trade, and strategic global trade expansion. To address these challenges, stakeholders from across the region will convene in Lagos from 21-23 October for […]
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