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Business and Economy

Nigeria Reaffirms Commitment to Africa’s Development with $500 Million Boost to Trust Fund — Edun

The Federal Government has reiterated its dedication to Africa’s economic progress by contributing an additional $500 million to the Nigeria Trust Fund (NTF). This announcement...

Foreign Portfolio Inflows to Nigerian Stock Market Plunge by 92% in April Amid Global Uncertainty

Foreign portfolio investment into Nigeria’s equities market plummeted by 92.39% in April 2025, dropping to N26.64 billion from N349.97 billion recorded in March. This...

NNPCL CEO Targets 1.9 Million Barrels Daily Crude Output by End of 2025

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, has announced that Nigeria is on track to achieve a daily crude oil...

Nigeria to Inject $100 Million into ECOWAS Bank to Drive Regional Growth

Nigeria is preparing to contribute an additional $100 million to the ECOWAS Bank for Investment and Development (EBID), reinforcing its role in fostering regional...

FG Reaches 6 Million Nigerians in 6 Months Through Conditional Cash Transfer – Minister

The Federal Government has reached six million Nigerians in just six months through its Conditional Cash Transfer (CCT) programme, according to the Minister of...

NOGOF 2025 Showcases Nigeria’s Local Oil, Gas Drive

Amgbare Ekaunkumo, Yenagoa  At the 5th Nigerian Oil and Gas Opportunity Fair (NOGOF) 2025 in Yenagoa, key stakeholders emphasized Nigeria’s progress in local content development...

Kaduna: Skills Acquisition Key to Self-Reliance – Commissioner

By Achadu Gabriel, Kaduna The Kaduna State Government is investing in skills acquisition as a path to youth self-reliance and employability, according to the Commissioner...

Tinubu: Food Security Is Nigeria’s Foundation for Stability

President Bola Tinubu has declared food security and regional economic inclusion as key pillars for Nigeria’s lasting stability, emphasizing that agriculture remains the backbone...

Fidelity Bank CEO Acquires 18 Million Shares, Reinforces Confidence in Bank’s Stability

Fidelity Bank Plc’s Managing Director and CEO, Dr. Nneka Onyeali-Ikpe, has acquired an additional 18 million shares in the bank, signaling strong confidence in...

L-PRES Launches Conflict Resolution Sensitization Campaign in Sokoto State

By Muhammad Ibrahim, Sokoto The Livestock Productivity and Resilience Support Project (L-PRES) has launched a sensitization and advocacy campaign on conflict resolution and dialogue across...

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