Nigeria News Digest: September 3, 2025

The Bureau of Public Enterprises is advancing plans to privatize key enterprises, including the Ajaokuta Steel Company and several energy firms, to support Nigeria’s goal of achieving a $1 trillion economy.

The Bureau of Public Enterprises announced plans to list two electricity distribution companies and one generation company on the Nigerian Stock Exchange through an Initial Public Offering.

President Bola Tinubu’s visit to Brazil has strengthened economic ties, with agreements on trade, investment, and aviation, expected to boost Nigeria’s agricultural exports and economic partnerships.

The federal government, through the Bureau of Public Enterprises, is creating an enabling environment to generate over 50 million jobs by fostering a favorable business climate and investing in key sectors.

The Federal Government has invited local and foreign investors to participate in Nigeria’s renewable energy sector, emphasizing the importance of clean energy to the nation’s economic recovery.

The International Finance Corporation has highlighted Africa’s demographic advantages in expanding the digital economy, with Nigeria positioned as a key player due to its youthful population and growing digital infrastructure.

Japanese 30‑year government bond yields rose to a record high of about 3%, driven by concerns over political uncertainty and public finances. The increase was mirrored across other maturities, highlighting Japan’s high debt‑to‑GDP ratio among advanced economies.