Tag: Nigeria economy

World Bank
BusinessHot News

Nigeria lands $1.3 billion World Bank package to drive business growth

Nigeria World Bank package unlocks $1.3 billion to boost infrastructure, jobs, investment and business growth.

Timilehin Adejumobi Timilehin Adejumobi
The International Monetary Fund
BusinessHot News

IMF warns Nigeria over $5 billion Abu Dhabi Bank swap deal

IMF warns Nigeria over a $5 billion Abu Dhabi Bank swap deal, citing transparency, debt risks and fiscal concerns.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BusinessHot News

Dangote Refinery expansion to add 95,000 jobs at peak

Dangote says refinery expansion to 1.4m bpd will employ 95,000 skilled workers at peak construction in Nigeria

Timilehin Adejumobi Timilehin Adejumobi
Abdul Samad Rabiu, Chairman of BUA Foods
BusinessHot News

Abdul Samad Rabiu made $816.7 million from his stake in BUA Foods in 2024

Rabiu’s BUA Foods stake rose $816.66 million in 2024, hitting $4.48 billion despite Nigeria’s 41.5% naira devaluation and economic headwinds.

Feyisayo Ajayi Feyisayo Ajayi