January 11, 2025
CBN Launches Non-Resident Account for Nigerians in Diaspora to Invest in Local Assets
CBN Launches Non-Resident Account for Nigerians in Diaspora to Invest in Local Assets The Central Bank of Nigeria (CBN) has introduced two innovative financial products designed to attract Nigerian citizens…
January 11, 2025
Nigeria to Include Informal and ‘Illegal’ Activities in GDP Calculation
Nigeria to Include Informal and ‘Illegal’ Activities in GDP Calculation The National Bureau of Statistics (NBS) in Nigeria has announced plans to incorporate informal and illegal economic activities into its…
November 26, 2024
Nigeria’s Economic Growth: A Journey of Challenges and Opportunities
Nigeria’s Economic Growth: A Journey of Challenges and Opportunities In Nigeria, a country with one of the fastest-growing economies in Africa, the journey of economic growth has been marked by…
November 24, 2024
Adamawa Market Women, Traders Praise Fintiri’s N50,000 Empowerment Scheme
Key Points Governor Fintiri’s N50,000 scheme empowers market women and traders. The program targets 60,000 individuals to boost small-scale businesses. The initiative aims to alleviate poverty and foster economic growth…
November 12, 2024
BUA Secures $200 Million Afreximbank Facility to Boost Expansion and Economic Growth
Key Points BUA secures $200M from Afreximbank to expand Nigeria’s industrial growth. The partnership aims to strengthen manufacturing, boost exports, and create jobs. BUA’s expansion supports Nigeria’s economic resilience and…
November 3, 2024
Foreign Secretary David Lammy’s Visit Focuses on Economic Growth in Nigeria and South Africa
Key Points First Africa Visit as Foreign Secretary: David Lammy begins his inaugural trip to Nigeria and South Africa, focusing on strengthening partnerships centred on economic growth and climate action.…
November 3, 2024
FCT Approves ₦33.24 Billion for Infrastructure Development to Boost Abuja’s Growth
Key Points The Federal Capital Territory (FCT) Executive Committee, led by Minister Nyesom Wike, approved a ₦33.24 billion budget for infrastructure projects aimed at improving the quality of life in…
October 5, 2024
FG Advised to Establish Special Committee for Nigeria-China Agreements Implementation
Key Points The Federal Government has been advised to form a special committee to oversee the implementation of recent China-Nigeria bilateral agreements signed by President Bola Tinubu, as they are…
September 27, 2024
Nigeria Partners with Mastercard to Empower 1 Million African Farmers
Key Points Nigeria has partnered with Mastercard to support one million African farmers across Nigeria, Kenya, and Tanzania, focussing on financial inclusion and digital access to essential services, with backing…
September 23, 2024
Niger State Government Signs Deal with Three Companies to Revolutionize Sugar Production in Nigeria
Key Points Niger State Government has signed an MoU with three companies to enhance sugar production, aiming to establish six sugar mills and cultivate 148,000 hectares for sugarcane. Governor Mohammed…