Search

Nigeria Targets 7% Growth as It Joins EBRD to Attract Investment

Wale Eden, Minister of Finance and Coordinating Minister of the Economy for Nigeria. Credit: Jennifer Graylock/Alamy Live News
  • Government sees membership as part of broader reforms to boost investor confidence
  • EBRD aims to support Nigeria’s private sector and policy development

Abuja, Nigeria – Nigeria has set an ambitious target of 7% annual economic growth as it officially joins the European Bank for Reconstruction and Development (EBRD), positioning the move as part of broader reforms to attract foreign investment.

Recent Business

Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
Ghana mobile money transactions hit $313bn in 2025
Read More »
Oil refinery. Photo by Devon Chandler @ Pixabay
Uganda’s oil refinery delayed until 2029–2030 as crude exports start earlier
Read More »
Railway workers inspecting a rail track. Photo by Javad Esmaeili @ Pixabay
Angola opens Namibe Corridor rail concession to global investors
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights