Growth in Nigeria’s pension assets dropped to a 12-month low of ₦61.91 billion at the end of March 2025, primarily due to outflows from approved existing schemes (AES), according to …
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- AgricultureEconomyGOVERNMENTPoliciesSecurity
Nigeria Imports Danish Dairy Cattle to Double Milk Production, Cut $1.5bn Import Bill
Nigeria has begun importing high-yield dairy cattle from Denmark in a bold move to double its milk production within five years and slash the country’s $1.5 billion annual dairy import …
- AgricultureEconomyEnergyGOVERNMENTINVESTMENTPolicies
Shettima Reaffirms Tinubu Govt’s Commitment to Cocoa Processing, Seeks $25bn for Europe Gas Pipeline
Vice President Kashim Shettima has restated the Tinubu administration’s determination to transform Nigeria’s cocoa industry by shifting focus from mere production to full-scale processing and value addition. He also disclosed …
- AgricultureEconomyInternational RelationsPoliciesTANZANIATrade and Commerce
Tanzania Targets $2 Billion from Horticulture Exports by 2030 as Sector Gains Momentum
Tanzania is now aiming high in the agricultural sector, as the country sets a new target to hit $2 billion in annual horticulture exports by the year 2030. This goal …
- AfricaAviationBusinessEconomyPoliciesTransportation & Logisitics
IATA Raises Alarm Over High Airline Operating Costs in Africa, Calls for Urgent Reforms
The International Air Transport Association (IATA) has raised serious concern over the high cost of airline operations across Africa, warning that these expenses are significantly above the global average and …
- Digital EconomyGOVERNMENTNigeriaPoliciesTechnology
FG Relaunches National Talent Export Programme, Appoints Teju Abisoye as DG to Drive Youth-Focused Outsourcing Ambition
The Federal Government has relaunched the National Talent Export Programme (NATEP) with a bold target to position Nigeria as a major player in the global outsourcing industry. As part of …
- AgricultureDevelopmentGOVERNMENTNigeriaPoliciesSecurity
GIFSEP, Oxfam Urge Full Implementation of Right to Food Act to End Hunger in Nigeria
Two non-governmental organisations, the Global Initiative for Food Security and Ecosystem Preservation (GIFSEP) and OXFAM, have called on the Nigerian government to fully implement the Right to Food Act to …
- AviationBusinessEconomyGOVERNMENTNewsPoliciesTransportation & Logisitics
IATA Says $1.3bn Airline Funds Still Trapped Globally, But Nigeria Maintains Clean Record
The International Air Transport Association (IATA) has revealed that $1.3 billion belonging to international airlines remains blocked from repatriation by several governments as of April 2025. However, Nigeria is not …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeriaPolicies
Nigerian Banks’ Restricted Deposits with CBN Hit ₦18.82tn as Tight Monetary Policies Persist
Seven big Nigerian banks have reported a combined ₦18.82 trillion in restricted deposits with the Central Bank of Nigeria (CBN) as at March 31, 2025. This is a 7.3 percent …
- EconomyGOVERNMENTNigeriaPoliciesPolitics
Afenifere Critiques Tinubu’s Economic Policies; Presidency Defends Reforms
The Pan-Yoruba socio-political organization, Afenifere, has expressed concerns over the economic direction under President Bola Ahmed Tinubu, describing his administration’s “Renewed Hope” as a “nightmare” for Nigerians. In a statement …