
Abubakar Bagudu, the Minister of Budget and Economic Planning, stated that President Bola Tinubu鈥檚 economic reforms have made Nigeria Africa鈥檚 most appealing investment destination. He highlighted that these reforms have enhanced macroeconomic stability and boosted investor confidence. Bagudu made these remarks during the Third Hamburg Sustainability Conference in Hamburg, Germany, according to a statement from the Ministry of Budget and Economic Planning. The minister emphasized that the reforms have increased Nigeria's attractiveness for long-term investments across various sectors, including infrastructure, energy, agriculture, manufacturing, digital innovation, and climate-resilient development. He reaffirmed the Federal Government's dedication to fostering an environment conducive to sustainable investment through ongoing macroeconomic reforms aimed at restoring investor confidence, strengthening fiscal sustainability, and expanding private sector opportunities. Nigeria plans to deepen international partnerships to mobilize sustainable investment, bolster economic resilience, and accelerate its transition to a competitive, inclusive, and climate-responsive economy. During the conference, Bagudu met with Ms. Claudia Voss, CEO of the German-African Business Association, and senior management from ODDO BHF, a European financial institution. ODDO BHF representatives praised Nigeria's economic reforms, noting the improved investment outlook and increased international investo
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Must ReadThe United States has withdrawn most of its forces deployed for a joint counterterrorism operation in Nigeria's Lake Chad Basin, while continuing intelligence sharing and other security cooperation with Nigeria. General Dagvin R.M. Anderson, Commander of US Air Forces in Europe-Air Forces Africa, stated that the specific military operation concluded, but Washington remains committed to supporting Nigeria through intelligence collaboration at the Nigerian government's request. Anderson highlighted that this operation disrupted the ISIS network and that the partnership with Nigeria, a capable country with a strong military, has yielded significant results. He cited a successful operation against the second-in-command of the ISIS global network, attributing it to US intelligence support combined with Nigerian military efforts. This success, he noted, demonstrates the value of intelligence cooperation over long-term foreign military deployments. Anderson also advocated for stronger intelligence sharing among African countries to combat terrorism, illicit trafficking, and other transnational crimes, citing a recent interception of a 31-ton cocaine shipment as an example of effective communication and partnerships. The US had deployed about 200 military personnel to Nigeria in February 2026 to support intelligence, surveillance, and counterterrorism operations in the Lake Chad Basin, following Nigeria's redesignation as a Country of Particular Concern by then-US President Donald Tr

Nigeria's senior men's basketball team, D'Tigers, secured an 84-81 victory over Tunisia in a Group C game of the FIBA Basketball World Cup 2027 African Qualifiers in Luanda, Angola. This win marked a successful debut for newly appointed head coach David Fizdale. D'Tigers started strong, leading 23-21 in the first quarter, but Tunisia responded by winning the second quarter 23-20, leveling the score at halftime. Nigeria regained the lead in the third quarter with a 21-19 score and maintained a 20-18 advantage in the final period to clinch the win. This victory significantly enhances Nigeria's prospects for qualifying for the 2027 FIBA Basketball World Cup in Qatar. D'Tigers are scheduled to play Guinea on Friday and Rwanda on Sunday, with further wins expected to bolster their qualification hopes.
Must ReadPresident Bola Tinubu, represented by Vice President Kashim Shettima, has inaugurated West Africa's largest lithium processing plant in Nasarawa State. The plant, located in the Endo community, boasts a daily processing capacity of 6,000 metric tonnes and an annual capacity of three million metric tonnes. Since its inception, the company has generated over 1,000 direct and 2,000 indirect jobs. President Tinubu emphasized that solid minerals are crucial for economic development, stating that nations achieve greatness by converting natural resources into economic prosperity through discipline, enterprise, technology, skills, and industrial organization. He highlighted the importance of moving from raw material extraction to processing and value-added goods, noting that the plant's commissioning signifies confidence in Nigeria's economic reforms and its readiness to participate in the global minerals economy. Lithium is recognized as a key mineral for the global energy transition, essential for battery technology, electric mobility, and renewable energy storage. Minister of Solid Minerals Development, Dele Alake, affirmed the administration's policy against exporting raw minerals without local processing, aiming to create jobs and develop local expertise. He expressed confidence in the partnership with Diamond Energy Group, which established the plant, and encouraged other investors to follow suit. Yu Chongqiang, Ambassador of JULING and CANMAX, speaking for Diamond New Energy,