The South East Development Commission (SEDC) has unveiled an ambitious economic transformation agenda aimed at driving long-term growth in Nigeria’s South East region. The plan, which includes building a $1 …
President Bola Tinubu
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DevelopmentEconomyGOVERNMENTInfrastructureInnovationNigeria
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Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …
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FG Launches Creative Economy Development Fund to Support Nigerian Creatives, Opens Applications
The Federal Government has launched a new funding programme called the Creative Economy Development Fund (CEDF) to support people working in Nigeria’s creative sector. The fund was introduced by the …
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Business PoliciesEconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPoliciesReal Estate
FG Partners Shelter Afrique to Push Affordable Housing With N1tn Real Estate Fund
The Federal Government of Nigeria has signed a Memorandum of Understanding with Shelter Afrique Development Bank to grow the housing sector by expanding the Ministry of Finance Incorporated Real Estate …
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BusinessDevelopmentEconomyInfrastructureManufacturing
FG eyes steel import reduction with Ogun plant
The Federal Government has moved to cut Nigeria’s $4 billion yearly steel import bill with the groundbreaking of the $400 million Stellar Steel Plant owned by Inner Galaxy Group. The …
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The Federal Government has placed a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known on Thursday during …
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Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …
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New BOA Boss, Ayo Sotinrin, Vows to Restructure Bank, Improve Lending and Support for Farmers
The new Managing Director of the Bank of Agriculture (BOA), Ayo Sotinrin, has promised to restructure the bank and reposition it to better serve farmers and boost food production in …
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BusinessEconomyEnergyGOVERNMENTPolitics
EXPLAINER-What to know as a new CEO takes over at Nigeria’s state oil firm NNPC
Nigeria’s President Bola Tinubu has appointed former Shell executive Bayo Ojulari as the new head of the Nigerian National Petroleum Company (NNPC) along with a new board, raising hopes for …