Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

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

Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • 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.

Stay ahead with Real time Updates

Recent Business

olumide-bamgbelu-Ciba8rvHYng-unsplash
Can Africa’s $2tn instant payments boom transform its digital economy?
05/12/2025
2 days ago
Kent Mensah
Read More »
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
05/12/2025
2 days ago
Justice Nwafor
Read More »
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Rwanda’s horticulture exports up 27% to give economy $54mn boost
05/12/2025
2 days ago
Alex Ngarambe
Read More »
Custom Research

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
07/12/2025
3 hours ago
Kent Mensah
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
02/12/2025
5 days ago
Wanderi Kamau
Read More »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
02/12/2025
5 days ago
Evans Effah
Read More »

Latest Posts

Latest news insights

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Read More »
Benin coup attempt foiled as ECOWAS warns of regional force deployment
olumide-bamgbelu-Ciba8rvHYng-unsplash
Read More »
Can Africa’s $2tn instant payments boom transform its digital economy?
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Read More »
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Read More »
Rwanda’s horticulture exports up 27% to give economy $54mn boost
olumide-bamgbelu-Ciba8rvHYng-unsplash
Read More »
Can Africa’s $2tn instant payments boom transform its digital economy?
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Read More »
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Read More »
Rwanda’s horticulture exports up 27% to give economy $54mn boost
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa’s economy posts fragile 0.5% Q3 growth in 2025
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Read More »
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Read More »
Rwanda’s horticulture exports up 27% to give economy $54mn boost
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa’s economy posts fragile 0.5% Q3 growth in 2025
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Read More »
Senegal unveils over $490mn in budget savings for new fiscal year