AfDB, FG, Partners Unveil $263.8m Infrastructure Project To Develop Abia

The African Development Bank, (AfDB) in partnership with the Islamic Development Bank, (IDF) Federal Government of Nigeria and the Abia State, has launched the Abia State Integrated Infrastructure Development Project. The project is a transformative $263.8 million initiative to modernise urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development, according to a statement that was […]

LCCI Advocates Collaborative Approach To Unlock Nigeria’s Economic Potential

The Lagos Chamber of Commerce and Industry (LCCI) has emphasised the need for a deliberate and coordinated effort to unlock Nigeria’s economic potential. The president of LCCI, Gabriel Idahosa stated this at the Chamber Mid-Year 2025 Economic Review. Idahosa highlighted that, “despite the challenges we face, Nigeria holds significant economic promise. Our youthful population, rich […]

Oyetola Unveils Local Production Plan To End Fish Importation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to end Nigeria’s dependence on fish importation by aggressively boosting local fish production. At a high-level consultative meeting with fisheries cooperative groups in Abuja, the minister outlined a bold vision aimed at transforming the nation’s aquaculture sector into a powerhouse of food security, employment, […]

AAAN Drives Transformation With Focus On Innovation, Leadership

Nigeria’s advertising and marketing industry is undergoing significant transformation as key stakeholders rally around a renewed commitment to innovation, resilience, and bold leadership. Under the theme “Charting Bold Paths Forward,” the industry is addressing the urgent need to adapt to a rapidly changing business landscape. The association noted that its 52nd Annual General Meeting and […]

AltBank, Commodity Exchange Partner To Tackle Food Insecurity

In a move set to reshape the nation’s commodities market, The Alternative Bank (AltBank)  has  announced  a  strategic  partnership  with  the  Nigeria  Commodity Exchange (NCX) aimed at unlocking greater value across the agricultural value chain through a structured, finance-enabled commodities trading ecosystem. At the heart of the partnership is a commitment to introduce electronic warehouse […]

Power, Mineral Sectors Record N1.7trn Revenue, $800m Investment Amid Local Industry Struggles

Nigeria’s ambition to address its chronic power crisis and industrialisation through local content development and mineral resource management faces critical challenges despite impressive headline figures. Despite Nigeria’s power and mineral sectors together generating N1.7 trillion in revenue and drawing $800 million in investment in recent years, the country continues to grapple with significant challenges that […]