IMG 7169

NASENI Unveils Roadmap for Science, Tech-Driven Industrial Growth

Nigeria’s ambition of becoming an industrial nation is built on a strategic vision to diversify its economy, reduce reliance on oil, and foster sustainable growth and economic development. To achieve this great... Read more »
IMG 7168

HortiNigeria, NIRSAL Collaborate to Support Horticulture Growth

HortiNigeria and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) have collaborated to de-risk agricultural finance and bridge the gap between potential and investment in Nigeria’s underfunded but high-yield horticulture... Read more »
IMG 7167 1

What Jigawa Executive Council Resolved

The Jigawa State Executive Council, chaired by Governor Umar Namadi, has approved the execution and implementation of key projects to fulfil campaign promises and advance the state’s prosperity.The approved projects span various... Read more »
1000089392

AfDB Boss Urges Nigeria to Leverage Pension Funds, Diaspora, Capital Markets

The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has raised serious concerns about Nigeria’s economic state, revealing that the country’s GDP per capita has dropped to $824 — far... Read more »
IMG 6661 1

Global Oil Prices May Plummet to $64 – World Bank

Nigeria’s revenue projections for 2025 may be affected by the World Bank’s latest Commodity Markets Outlook which forecasts energy prices to drop by 17 percent this year and additional fall of six... Read more »
IMG 6959

REA Collaborates with 9 Firms to Increase Energy Access

The Rural Electrification Agency (REA) on Monday signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians. The companies are, Privida Power Limited, Baobab Plus, Salpha... Read more »
IMG 6958

Final Dividend of 40 Kobo Approved for May & Baker

May & Baker Nigeria Plc has declared a dividend of 40k for the year ended Dec. 31, 2024. The company disclosed this in a corporate disclosure through the Nigerian Exchange Ltd. on... Read more »
IMG 6952

NGX ASI Up 0.34%, Investors Earn N228bn in Latest Trading Session

At the Nigerian Exchange (NGX) on Monday, equities trading opened the week on a positive note, as the All-Share Index advanced by 0.34 per cent to close at 106,116.18 basis points. Market... Read more »
IMG 6929

Leadway Pensure’s Commitment to Excellence Earns Award Recognition

Leadway Pensure has emerged as a standard bearer of excellence, clinching the prestigious West Africa Pension and Lifestyle Company of the Year at the 14th edition of the West Africa Innovation Awards.This... Read more »
IMG 6928

Lafarge Africa’s Revenue Jumps 80% to N248.3bn in First Quarter

Lafarge Africa Plc has recorded sales revenue of N248.35 billion for the first quarter (Q1) of the 2025 financial year. The Company Q1 ended March 31, 2025, released on the Nigerian Exchange... Read more »
IMG 6919

Nigeria’s Economic Vision: Single-Digit Inflation, Job Creation on the Horizon

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has announced that the Federal Government targeting single-digit inflation and large-scale job creation Speaking at the conclusion of the... Read more »
IMG 6900

Tax Reform Bill to Exempt Real Estate, Construction from VAT Payment

The federal government has declared that the Tax Reform Bill, once enacted, will exempt real estate transactions from Value Added Tax (VAT), a move aimed at reducing the cost of building materials... Read more »
IMG 6880

Continental Hotel Commemorates Workers’ Day with Commitment to Employee Welfare

Continental Hotel’s emphasis on employee welfare and development has created a positive work environment, driving exceptional service and memorable experiences for guests. The cluster director, Human Resources, Continental Hotels, Niyi Agoro, who... Read more »
IMG 6879

Africa Must Act Fast to Secure Investment, Says Okonjo-Iweala Amid Aid Cuts

Director-general of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has warned that African countries must change from reliance on foreign aid and take bolder steps to attract investment, as global donor... Read more »
IMG 6878

Maltina Centre Launched in Kaduna to Boost Skills Development

Nigerian Breweries Plc, has commissioned a state-of-the-art Maltina Skills Acquisition Centre in Kakuri, Kaduna, as part of efforts to empower the people of its host communities. At its commissioning in Kaduna, the... Read more »
IMG 6877 1

Transcorp Power’s N43.3bn Q1 Profit Shows Strong Growth

Transcorp Power Plc has posted a profit before tax of N43.3 billion in its unaudited results for the first quarter (Q1) ended March 31, 2025. The company, which is the power subsidiary... Read more »
IMG 6875

Shettima Congratulates UBA on 75th Anniversary, Hails Innovation Drive

The Vice President, Senator Kashim Shettima, has extolled what he termed the staying power of the United Bank of Africa (UBA) in the past 75 years, describing the financial institution as a... Read more »
IMG 6859

Nigeria To Adopt Irish Livestock Model For Ranching Reform

The Federal Government is exploring Ireland’s acclaimed livestock and farming model to drive reforms in Nigeria’s livestock sector.Minister of Livestock Development Dr. Idi Mukhtar Maiha disclosed this during a courtesy visit by... Read more »
IMG 6822

Nigeria Growth Outlook Dims

The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projections for 2025 and 2026, to 3.0 for 2025 and 2.7 for 2026 as global uncertainties grow and sustained weaknesses in... Read more »
IMG 6821

Nigeria To Emerge Net Petroleum Exporter By 2027

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products Retail Outlets Owners Association of Nigeria... Read more »