The Federal Government of Nigeria has announced plans to establish industrial hubs in Kano, Abia, Lagos, and Ogun states as part of its strategy to drive economic transformation and industrialisation …
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Nigeria’s Telecom Sector to Get $1 Billion Boost as Minister Tijani Promises Better Services by Q3 2025
Nigeria’s telecommunications sector is gearing up for a major turnaround as the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has announced a $1 billion investment in network equipment—a …
- DevelopmentEconomyEntrepreneurshipGOVERNMENTInnovationINVESTMENTNigeriaTechnology
Katsina Will Be Nigeria’s Innovation Hub by 2030 — Governor Radda Declares at Arewa Tech Fest 2.0
Katsina State Governor, Dikko Umaru Radda, has boldly projected that Katsina will emerge as Nigeria’s innovation hub by the year 2030, attributing this to several technology-driven policies and initiatives being …
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CUPP Criticises APC Governors’ Endorsement of Tinubu for 2027, Says Move Shows Panic
The Coalition of United Political Parties (CUPP) has strongly criticised the endorsement of President Bola Ahmed Tinubu as the sole presidential candidate of the All Progressives Congress (APC) for the …
The Lagos State Government has said that properties worth N19.52 billion were destroyed in fire incidents across the state in 2024 alone. This was disclosed by the Commissioner for Special …
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Nigerian Auto Dealers Cry Out as Car Prices Soar and Sales Crash
The Nigerian automotive industry is in crisis, with dealers lamenting the near-collapse of car sales due to soaring vehicle prices and lack of supportive government policies. Automobile dealers say prices …
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FG Offers N300bn Bonds in May Auction to Raise Funds for 2025 Budget
The Debt Management Office (DMO) has announced the public offering of N300 billion worth of Federal Government of Nigeria (FGN) bonds for subscription through auction, as part of the government’s …
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FG to Launch Industrial Hubs in Kano, Abia, Lagos, and Ogun to Drive Full-Scale Industrialisation
The Federal Government has announced plans to establish new industrial hubs in four states as part of a broader strategy to boost Nigeria’s economy through manufacturing and innovation. This was …
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CBN Holds Interest Rate Steady Amid Stronger FX Stability and Rising Reserves
The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
- DevelopmentEconomyGOVERNMENTInfrastructurePoliticsTransportation & Logisitics
FCT Proposes N137 Billion for Satellite Towns in 2025 Budget as Wike Unveils N1.29 Trillion Capital Plan
The Federal Capital Territory (FCT) Administration has proposed a total of N137 billion as capital expenditure for the Satellite Towns Development Department (STDD) in the 2025 statutory budget, reflecting a …