The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …
Category:
Development
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BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
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DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
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DevelopmentEducationInfrastructureTOGO
EBID Approves €50m to Build Six New Technical Training Centres in Togo
The ECOWAS Bank for Investment and Development (EBID) has approved a fresh €50 million investment to support the construction and equipping of six new technical education and vocational training (TVET) …
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AfricaAgricultureBanking, Finance & InvestmentDevelopmentLeadership
World Bank Appoints Togolese National Farouk Mollah Banna
The World Bank has announced the appointment of Farouk Mollah Banna, a Togolese-American expert, as its new Resident Representative in Chad. Banna is expected to play a leading role in …
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AgricultureBusinessDevelopmentFood ProductionGOVERNMENTInfrastructureNigeriaSecurityTechnology
Agritech Expert Urges FG to Invest in Cold Storage to Cut $9bn Post-Harvest Losses
A Nigerian agritech expert, Ayomide Olugbade, has called on the Federal Government to invest heavily in cold-chain infrastructure to reduce the huge post-harvest losses that continue to affect the agricultural …
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AgricultureBusinessDangote IndustriesDevelopment
Dangote Cement Launches Farmers Empowerment Scheme for 50 Benue Farmers
Dangote Cement Plc has introduced a new Farmers Empowerment Programme in Gboko, Benue State, targeting 50 local farmers to boost food production and improve livelihoods. The initiative, launched in collaboration …
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BusinessDevelopmentEntrepreneurshipFashion & StyleFinance & ServicesNigeria
Wema Bank Supports Three Nigerian MSMEs with N3m Grants
Wema Bank has given out business grants worth N3 million to three small businesses during the 2025 Lagos Leather Fair, showing its strong support for Micro, Small and Medium Enterprises …
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF hails CBN’s reforms, warns Nigeria to adjust 2025 budget over oil revenue
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
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DevelopmentEnergyEnvironmentInfrastructureInternational RelationsPolitics
Ethiopia Completes Blue Nile Mega Dam Amid Regional Tensions
Ethiopian Prime Minister Abiy Ahmed has announced that the long-awaited Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile River is now fully completed. He made this known on Thursday …