Lagos Shuts Ladipo Market Over Environmental Violations, Illegal Trading
LAGOS, Nigeria – Lagos State authorities shut down the Ladipo Spare Parts Market on Sunday over persistent environmental violations, citing illegal waste dumping and…
Business and Economy
World Bank Backs Ekiti Abattoir, Creating 6,000 Livestock Jobs
ADO-EKITI, Nigeria – The World Bank has projected that the ultra-modern abattoir under construction in Ekiti State will generate about 6,000 jobs and stimulate…
Appeal Court Orders CBN to Release ₦2.5bn to Sacked ABU Workers
ABUJA, Nigeria – Nigeria’s Court of Appeal orders the Central Bank of Nigeria (CBN) to immediately release ₦2.5 billion owed to 110 former Ahmadu…
Edo, NNPC Sign Deal for 10,000-Barrel-Per-Day Refinery
BENIN CITY, Nigeria – Edo State secures a landmark partnership with NNPC Limited to develop a 10,000-barrel-per-day condensate refinery, strengthening Nigeria’s downstream petroleum capacity…
Nigeria Launches Strategy to Tap $7.7tn Global Halal Economy
ABUJA, Nigeria – President Bola Tinubu launches Nigeria’s National Halal Economy Strategy, positioning Africa’s largest economy to tap into the $7.7 trillion global halal…
Tinubu Expands Nigeria for Women Programme to Reach 25 Million
ABUJA, Nigeria – President Bola Tinubu expands the Nigeria for Women Programme to target 25 million beneficiaries nationwide, reinforcing his administration’s push for women-led…
Power Bills or Public Services? Nigerians Speak on Electricity Subsidy Row
(By Hussaini Ibrahim, Korede Abdullah, Oluwafunbi Bello, Edino Cornelius, Oluwatobi Adu and Otamere Gladness) As Nigeria weighs the future of its electricity subsidy, voices…
Nigeria Partners 40-Nation Network to Boost Cassava, Soybean Processing
ABUJA, Nigeria – Nigeria’s Federal Government agrees to partner with a 40-nation African industrial network to scale up processing of cassava, soybean, ginger and…
Nigeria Needs N36bn Investment to Unlock Commercial Beekeeping Growth
LAGOS, Nigeria – Nigeria’s beekeeping industry requires at least ₦36 billion in fresh investment to shift from small-scale production to full commercial output, agricultural…
IMF Projects Nigeria To Overtake Rivals As Economy Strengthens
LAGOS, Nigeria – The International Monetary Fund (IMF) projects Nigeria will become Africa’s third largest economy by 2026, citing stronger output, reform momentum and…