Nigeria's 15% maritime GDP triggers PPP push
Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.
Category : Search result: West Bank economy
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
Moghalu: Emefiele was disastrous CBN governor
Former CBN deputy governor Kingsley Moghalu condemns Godwin Emefiele's tenure, calling it disastrous and politically compromised. Read the full analysis of Nigeria's economic decline.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Banks Set Jan 2026 Deadline for NIN, Tax ID Linking
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
German experts cut 2026 GDP forecast to 0.9%
German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.
Wema Bank Holds Walk-In Interviews for Job Seekers
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.
Sammy West Marks 2nd Anniversary After Release
Regina Daniels' brother Sammy West and wife celebrate their 2nd wedding anniversary hours after his release from detention. See the emotional social media post and mixed reactions.
FG acts to settle disturbances at Benin Museum
The Federal Ministry of Art, Culture, Tourism and Creative Economy is taking action to resolve disturbances at the Museum of West African Art in Benin City, safeguarding Nigeria's cultural heritage.
Regina Daniels' Brother Sammy Regains Freedom
Samuel Ojeogwu, known as Sammy West and brother to actress Regina Daniels, has been released from prison after meeting bail conditions. The Abuja court granted bail following charges including criminal conspiracy and assault.
MOWAA Denies Owning Benin Bronzes Amid Controversy
MOWAA reaffirms deep respect for Benin Throne while clarifying it never owned Benin Bronzes. Museum emphasizes commitment to preserving West African cultural heritage.
Regina Daniels' Brother Sammy West Released on Bail
Regina Daniels' brother, Sammy West, has been released on bail. The Daniels family thanks Nigerians for support and accuses Senator Ned Nwoko of influencing the arrest and pushing the case to the NDLEA.
Emergency USSD Codes: Block Bank Account If Phone Stolen
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.
ECOWAS uses Quranic education reform to fight terrorism
West African leaders are revolutionizing Islamic education systems to counter extremist ideologies, integrating modern curricula with traditional Quranic teachings to build resilience against terrorism.
Nigeria Cements Climate Leadership as COP30 Starts
Nigeria reinforces its position as West Africa's climate action pioneer with ambitious environmental policies and regional collaboration initiatives as world leaders gather for COP30.
Nigeria-Ghana Customs Deepen Fight Against Illegal Trade
In a landmark move, Nigerian and Ghanaian customs authorities have strengthened their partnership to tackle cross-border illicit trade while promoting regional economic integration across West Africa.
Nigeria gets $400M World Bank boost for IDPs, healthcare
Nigeria secures massive $400 million World Bank funding to support Internally Displaced Persons and revolutionize Sokoto State's healthcare system, signaling strong economic recovery.
ECOWAS reforms Quranic education to curb terrorism
West African leaders propose modernization of Quranic schools as key counter-terrorism measure, addressing radicalization through educational reform.
Nigeria Targets Climate Investment at COP30
Nigeria is strategically positioning itself to attract massive climate investments at COP30, showcasing ambitious green initiatives and renewable energy projects to become West Africa's climate frontrunner.
Tinubu Vows Tougher Fight Against Terrorism
President Bola Tinubu announces intensified global engagement and enhanced military operations to combat terrorism, emphasizing Nigeria's commitment to regional stability and economic security.
Presco Plc Launches ₦250BN Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
US Mulls Military Action in Nigeria - Bombers Planned
Exclusive report reveals US military's contingency plans for Nigeria as security situation deteriorates. Long-range bombers being positioned for potential intervention.
Ex-Aide Urges Tinubu to Address US Invasion Rumors
Lauretta Onochie, former aide to ex-President Buhari, calls on President Tinubu to reassure Nigerians about national security amid circulating US invasion rumors targeting Niger Republic.
ECOWAS rejects Trump's Nigeria genocide claims
The Economic Community of West African States strongly refutes Donald Trump's allegations of Christian genocide in Nigeria, defending the country's commitment to religious harmony and security.
US Military Reveals Nigeria Strike Contingency Plan
Exclusive report reveals US military's classified strategy for potential counter-terrorism operations in Nigeria amid growing security concerns in West Africa.
Why Trump Won't Send US Troops to Nigeria - 4 Key Reasons
Nigerians can breathe easy as security experts reveal why former President Donald Trump is unlikely to deploy American soldiers to Nigeria despite regional concerns.
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