Ayo Akinfe

[1] Nigeria is currently the world's seventh most populated nation with an estimated population of 200m people. By 2050, this is predicted to grow to 400m, making Nigeria the third most populous nation after India and China

UK diasporans are going to get the added benefit of discounted rice at the Central Association of Nigerians in the UK's (Canuk) 20th anniversary as Golden Sella will be offering them subsidised 5kg bags of rice at the event next month.

Ayo Akinfe

[1] No matter how you look at it, Nigeria has no choice other than to attract foreign direct investment (FDI) if she wants to expand and diversify her economy

[2] In 2022, total FDI into Nigeria only added up to a paltry $3.3bn according to the World Bank. Even at it’s all-time high in 2008, Nigerian FDI only totalled $4.7bn

[3] Most years, as many as 32 of Nigeria's 36 states do not attract one dollar in foreign direct investment (FDI)

SEVERAL Nigerian-facing companies have joined the ranks of sponsors backing the Central Association of Nigerians in the UK's  (Canuk) 20th anniversary celebrations and 2025 annual general meeting (AGM) coming up in London over the next few months.

Ayo Akinfe

[1] Over the last week, Europe and the US have been discussing Africa in Washington DC. They have at least identified the fact that sub-Saharan Africa accounts for 80% of extreme poverty globally

[2] Given this reality, I am perplexed as to why they did not immediately resolve to write off all sub-Saharan Africa’s debt

WORLD Bank economists have predicted that Nigeria will enjoy 3.6%  economic growth during the course of 2025 as government macroeconomic reforms gradually begin to have an effect and stabilise the business environment.

Ayo Akinfe

[1] Rivers is not just any state in Nigeria. It is our fountain of wealth and ideally should be the bellwether of the Nigerian economy. There is no reason for it not to be competing with Lagos State when it comes to attracting foreign direct investment (FDI)

ALHAJI Aliko Dangote has been appointed to the World Bank's Private Sector Investment Lab in a move aimed at driving job creation and sustainable development across emerging economies.

Ayo Akinfe

[1] We talk a lot about diasporans having an impact on Africa the way say the Jewish lobby does on Israel and the way the Cuban-American community influences Washington. However, so far, Africa is lagging way behind everyone else

[2] Even when the former US deputy secretary of the treasury Wale Adeyemo was a Nigerian, we did not see him push corporate America to make Nigeria one of their favourite investment destinations

PRESIDENT Bola Tinubu and the estranged Rivers State governor Siminalayi Fubara apparently held a meeting in London yesterday to find a solution to the ongoing crisis in the state that has led to the suspension of its democratically elected government.