ECONOMY, NEWS, POLITICS
Kogi Secures 15 Federal Mining Licenses to Drive Economic Diversification
June 30, 2025
In a bold step toward diversifying its economy and reducing dependence on federal allocations, the Federal Government has granted the Kogi State Government 15 mining licenses to harness the state’s vast solid mineral resources. The...
FG Approves New Policy Allowing Ministries to Approve PPP Projects Below N20 Billion
June 30, 2025
President Bola Tinubu has approved a new policy that empowers the Infrastructure Concession Regulatory Commission (ICRC) to independently approve Public-Private Partnership (PPP) projects valued below N20 billion without requiring Federal Executive Council (FEC) approval. Under...
Lagos Launches Clean Cookstoves, Eyes $1 Billion Revenue Through Carbon Credit Exchange
June 30, 2025
Lagos State is stepping boldly into the future of climate action with a groundbreaking clean energy initiative aimed at delivering healthier lives, job creation, and over $1 billion in revenue through its planned carbon credit...
Dangote’s N720bn Fuel Transport Initiative to Save Nigeria N1.7trn, Boost MSMEs
June 30, 2025
Dangote Petroleum Refinery has announced that its N720 billion investment in a national fuel distribution system using 4,000 Compressed Natural Gas (CNG)-powered trucks will save the Nigerian economy over N1.7 trillion annually. This major initiative,...
MTN Commits ₦3 Billion to Boost Nigeria’s 3 Million Tech Talent Drive
June 29, 2025
Nigeria’s ambition to become a global hub for digital talent has received fresh momentum, as MTN Nigeria pledged a total investment of ₦3 billion to support the Federal Government’s 3 Million Technical Talent (3MTT) initiative....
Oshiomhole blames Buhari for naira collapse
June 28, 2025
Senator Adams Oshiomhole, representing Edo North Senatorial District, has said that the excessive printing of money by the Central Bank of Nigeria under the administration of former President Muhammadu Buhari through the Ways and Means...
Afreximbank Defends Lending Strategy After Fitch Downgrade
June 28, 2025
The African Export-Import Bank (Afreximbank) has questioned the basis of a recent downgrade by Fitch Ratings, describing it as inconsistent with the agency’s own forecast of repayment timelines for loans to African countries. Dr. George...
Meta Eyes $29 Billion Private Capital Raise to Fuel AI Infrastructure Push
June 28, 2025
Meta Platforms Inc., the parent company of Facebook and Instagram, is in advanced talks with major private capital firms to raise up to $29 billion as it accelerates its investment in artificial intelligence infrastructure. According...
Wema Bank Commits N2.5 Million in Grants to SMEs at Lagos Leather Fair 2025
June 28, 2025
Wema Bank has reaffirmed its commitment to empowering small businesses by pledging N2.5 million in grants to the top three outstanding SMEs participating in the upcoming Lagos Leather Fair (LLF) 2025. The bank is the...
Call For Applications: Agri-Food Development Programme 2025/2026 for Agri-food Companies in Africa
June 28, 2025
The Africa Agri-Food Development Programme (AADP) is Ireland’s flagship initiative supporting the role of the private sector in sustainable food systems development. It acts as a catalyst to enable Irish and African businesses to explore...
