Updates

Nigeria’s Cross River State second to commence construction of its Special Agro-Industrial Processing Zone

The African Development Bank Group has committed $934 million to SAPZs in 11 African countries April 15, 2025/AfDB igeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country’s Vice President Kashim Shettima and African Development Bank President Dr. Akinwumi Adesina broke […]

Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award

April 15, 2025/Dangote Group For its excellence in corporate transparency and governance, Dangote Cement Plc has been honoured as the Platinum winner of the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX REGCO)’s Corporate Reporting Award for the financial year ending 2023. Organised by ICAN-NGX REGCO, […]

Fitch Upgrades Sovereign Credit Rating on Rising Confidence in Policy Reforms

Current account surplus rises to 9.2% of GDP in 2024 April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to […]