Abuja, Nigeria – In a significant move aimed at bolstering its economic development, Nigeria has officially inaugurated a new Sovereign Investment Board (SIB). The board, established under the Sovereign Investment Fund Act 2021, is tasked with managing the country’s long-term savings and investing in strategic assets to drive economic growth and stability. The newly appointed …
Abuja, Nigeria – In a landmark move that signals a significant shift in its financial landscape, Nigeria has officially recognized cryptocurrency as a legal tender. The country’s Securities and Exchange Commission (SEC) has granted licenses to a select group of cryptocurrency operators to operate within the Nigerian market. This decision marks a reversal of the …
Bola Ahmed Adekunle Tinubu, born on March 29, 1952, is a prominent Nigerian politician who currently serves as the 16th and current President of Nigeria, having assumed office in May 2023. His extensive political career includes significant roles as a senator, a two-term governor of Lagos State, and a foundational figure in the ruling All …
Aliko Dangote is a Nigerian business magnate, investor, and philanthropist, widely recognized as the wealthiest person in Africa and one of the most influential figures on the continent. As the founder, chairman, and CEO of the Dangote Group, he has built a diversified conglomerate with significant interests across various sectors, most notably cement, sugar, and …
Murtala Ramat Muhammed was a pivotal figure in Nigeria’s history, a military general whose brief but impactful tenure as Head of State from July 1975 to February 1976 left an indelible mark on the nation. Remembered for his decisive leadership, anti-corruption drive, and commitment to a swift return to civilian rule, he remains a revered …
Shehu Usman Aliyu Shagari, born on February 25, 1925, in Shagari, Sokoto State, was a Nigerian politician who made history as the first executive President of Nigeria’s Second Republic, serving from October 1, 1979, to December 31, 1983. A teacher by profession, Shagari’s long and distinguished career in public service spanned several decades, holding various …
Tony Onyemaechi Elumelu (CFR), born on March 22, 1963, in Jos, Plateau State, Nigeria, is a distinguished Nigerian economist, banker, investor, and philanthropist. He is widely recognized as a leading proponent of “Africapitalism,” an economic philosophy that champions the private sector’s role in driving Africa’s economic and social development. Elumelu’s career is marked by groundbreaking …
