In a significant development for Nigeria’s education sector, President Bola Tinubu has approved provisional licenses for the establishment of 11 new private universities. The announcement was made during the Federal …
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NNPC Limited to Sell Shares in Landmark Move Towards Privatization
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
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Nigeria’s DMO to Issue N300bn Sukuk Bond for Infrastructure Projects
The Debt Management Office (DMO) has announced plans to issue a N300 billion Sukuk bond to fund infrastructure projects across Nigeria. This move is part of the government’s strategy to …
- AgricultureDevelopmentEconomyFood ProductionGOVERNMENTNigeriaPoliciesSecurityWestern Africa
Lagos Unveils Three-Pillar Proposal to Tackle Food Insecurity
The Lagos State Government has introduced a three-pillar proposal to address Nigeria’s growing food insecurity, focusing on boosting food production, improving storage facilities, and reducing wastage. Speaking at the launch …
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Ethiopian Government Raises Fuel Prices Amid Scarcity and Black Market Surge
The Ethiopian government has once again increased fuel prices, raising concerns among citizens already grappling with widespread shortages and the rising cost of living. The new prices took effect on …
- DevelopmentEconomyEnergyPoliciesSecurity
CEDES Criticizes NNPCL’s Dollars-for-Crude Policy, Warns of Increased Fuel Import Dependency
The Centre for Energy Development and Economic Sustainability (CEDES) has expressed concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) recent shift to a Dollars-for-Crude policy, describing it as a …
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How Cheap Imports from China Crushed Nigeria’s Textile Industry
Nigeria’s once-booming textile industry is now a shadow of its former self, as cheap imports from China, high production costs, and weak government policies have crippled local manufacturing. In the …