investment

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Can you imagine holding a Nigerian passport as a foreigner simply because you made a significant economic contribution? This is not a far-fetched dream but soon could be a reality thanks to Nigeria’s bold new initiative: the citizenship by investment program. But what does this move really mean for the country and investors alike? It's fascinating to observe that countries across the globe are tapping into the potential of Citizenship by Investment (CBI) programs, using it as a magnet to…

Reevaluating Risks: Navigating Market Dynamics Edited By Ali Musa, Axadle Times international–Monitoring. The world of finance is like a bustling marketplace, filled with endless opportunities and risks. Jim Baird, a wise voice in this landscape, points to a recent recalibration of risks across the board. As the Chief Investment Officer at Plante Moran Financial Advisors, Jim caters to clients who fall into what he affectionately calls the "millionaire-next-door" category. These are individuals with net worths…

As the world grows more interconnected, the desire to expand one's horizons becomes a compelling narrative for many. Nigerians are at the forefront of this quest for global engagement. According to Henley & Partners, Nigerians ranked among the top five nationalities curious about investment migration options in 2024. With a 16% year-over-year increase, they outpaced any other African country in expressing this interest. What exactly stirs this profound demand for overseas investment opportunities?…

U.S. Ambassador Engages with FESTU Leadership to Catalyze Workers' Contributions to Somalia's Investment Ecosystem MOGADISHU, Somalia — In a world where investment often hinges on human capital, a recent dialogue between U.S. Ambassador to Somalia, Richard H. Riley, and the leadership of the Federation of Somali Trade Unions (FESTU) underscores a vital theme: the indispensable role of Somali workers in steering the nation towards…

Bridging Stability and Innovation In the dynamic intersection where traditional finance meets the cutting-edge realm of blockchain technology, there lies a pivotal initiative: the integration of stability and innovation. Navigating this modern landscape is not just about technology; it’s also about compliance, responsibility, and opportunity. Enter eNsc, a pioneering Naira-pegged stablecoin that marries the time-tested trust of conventional finance with the agile efficiency of blockchain, operating within Nigeria's…

Libya and Somalia Forge a Path to Collaborative Growth In the vibrant city of Tripoli, a series of strategic agreements were recently inked, casting new light on the burgeoning partnership between Libya and Somalia. These agreements, encapsulated in several Memoranda of Understanding, aim to fortify collaboration across key domains such as investments, educational exchanges, and training opportunities. But what does this mean for the socio-economic fabric of these two nations?…

Foreign direct investment (FDI) is akin to a symphony of resources and knowledge—a wellspring of growth for economies worldwide. But what exactly makes FDI so indispensable? It does more than just inject capital; it is the harbinger of innovation, technology, and the elusive art of skilled labor transfer. On February 20th, 2025, the International Monetary Fund (IMF) unveiled some intriguing revelations. Curiously enough, even as the world teeters on the verge of economic unpredictability, global FDI managed a robust…

Hargeisa (AX) — In a setting where the glimmer of the Gulf meets the vibrancy of ambition, North Western State of Somalia President Abdirahman Mohamed Abdillahi Irro conferred with UAE's Vice President and Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum on a seemingly ordinary Tuesday. Yet, is any meeting truly ordinary when it dances around the themes of economic cooperation and regional stability? This rendezvous, set against the backdrop of the illustrious Global Government Summit held in Dubai, served as a beacon of…

Niger has carved its name into the annals of public health history as the first African nation to successfully eliminate onchocerciasis, commonly known as river blindness. This parasitic disease has long been regarded as the second-leading cause of blindness globally, casting a shadow over the lives of many. How does one contract this affliction? The culprit is the bite of an infected black fly, predominantly found in areas along rivers, where these tiny marauders carry the parasitic worm that ultimately wreaks havoc on…