The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
Development
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
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DevelopmentGOVERNMENTInfrastructureNewsNigeriaTransportation & Logisitics
FG Sets N777bn for Completion of Abuja-Kaduna-Zaria-Kano Road, Targets 14-Month Deadline
The Federal Government has announced that it will spend a total of ₦777 billion to complete the ongoing reconstruction of the 700-kilometre Abuja-Kaduna-Zaria-Kano Expressway. Minister of Works, Engr. David Umahi, …
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DevelopmentEducationInnovationTechnology
KLCI Gets N75m AWS Support to Launch Rafiki AI Career Buddy for African Youth
The Kayode Alabi Leadership and Career Initiative (KLCI), a Nigerian nonprofit focused on youth empowerment, has been selected for the first-ever Amazon Web Services (AWS) Education Equity Initiative. As part …
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BusinessDevelopmentGOVERNMENTInsuranceSales Strategy
Insurance Regulator Urges Data-Driven Risk Management for National Growth
The Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, has called on public and private institutions in Nigeria to adopt a data-driven and proactive …
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BuildingDevelopmentEnvironmentInfrastructureNigeriaPolicies
Builders Council Chairman Laments Lack of Standards in Nigeria’s Facility Management Sector
The Chairman of the Council of Registered Builders of Nigeria (CORBON), Samson Opaluwah, has raised alarm over the gaps in policy, skills, and standardisation currently plaguing Nigeria’s facility management sector. …
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DevelopmentEnvironmentGOVERNMENTInfrastructure
Town Planners Lament 30-Year Delay in Setting Up Planning Commission
The Nigerian Institute of Town Planners (NITP) has raised alarm over the failure of the Federal Government to establish the National Urban and Regional Planning Commission, 30 years after it …
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AFRICA NEWSBusiness and EconomyDevelopmentEastern AfricaEthiopiaFinance & ServicesTrade and Commerce
Ethiopian Economists Urge Transparent Forex Market to Control Rising Inflation
Economists under the Ethiopian Economics Association have advised the government to increase transparency in the foreign exchange market to help reduce the steady fall of the Ethiopian Birr. They warned …
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BusinessBusiness InsightsDevelopmentEconomyGOVERNMENTPoliciesTransportation & Logisitics
NPA Boss Urges Traders to Tap into Simplified Export Processes
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has called on Nigerian traders, exporters, and entrepreneurs to take advantage of the newly simplified export processes put …
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AgricultureBusinessDevelopmentEconomy
RMRDC, BOI Team Up to End N500bn Annual Onion Waste, Set to Build Processing Plant
The Raw Materials Research and Development Council (RMRDC) and the Bank of Industry (BOI) have joined forces to tackle the huge losses Nigeria suffers every year from wasted onions. The …
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BusinessDevelopmentEnergyFinance & Services
NLNG, BoI unveil micro-credit scheme to boost local economy
The Nigeria LNG Limited (NLNG) has taken a bold step to empower small businesses and drive grassroots economic development with the launch of an expanded Micro, Small, and Medium Enterprises …