August 9, 2025

Business

Business Economy

We’re Building Bridges to Take MSMEs Across African Borders — VP Shettima

Vice President Kashim Shettima has reaffirmed the Federal Government’s unwavering commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), stating that deliberate efforts are underway to position Nigerian businesses for competitiveness across the African continent. Speaking at a recent high-level engagement on economic cooperation, the Vice President declared that Nigeria is not only nurturing local

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Business Economy World

Africa’s Future Is Now: Invest in Nigeria, Uzoka-Anite Tells Global Investors

The Honourable Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has made a passionate appeal to the global investment community to prioritise Nigeria as the gateway to Africa’s economic future, declaring that “Africa’s future is here, and that future begins with Nigeria.” Speaking at an international investment forum, the Minister highlighted Nigeria’s strategic importance

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Business Economy

Nigeria Calls for Global Collaboration to Achieve Sustainable Energy Transition – Minister Alake

The Federal Government of Nigeria has reiterated its commitment to a just and inclusive energy transition, calling on the international community to foster stronger partnerships in addressing global energy challenges. This call was made by the Minister of Solid Minerals Development, Dr. Dele Alake, during his address at the Organisation for Economic Cooperation and Development

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Business Economy

FG Seeks Stronger Collaboration with Traditional Institutions to Drive Economic Development and Unity

The Federal Government has reiterated its commitment to strengthening partnerships with traditional institutions across the country as part of its broader strategy to foster economic development and social cohesion. This pledge was made by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during a courtesy visit to the Lamido

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Business Economy

FG Partners CIG Motors to Train Youths on Auto Repairs, Maintenance Under Skill-to-Wealth Scheme

The Federal Government, through the Ministry of Humanitarian Affairs and Poverty Reduction, has signed a Memorandum of Understanding (MoU) with CIG Motors Company Limited to provide technical training in automobile repairs and maintenance for beneficiaries of its flagship Skill-to-Wealth programme. The agreement, signed in Abuja, marks a significant step in the government’s drive to tackle

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Business Economy

Dangote Refinery Further Slashes Petrol Price to N825 per Litre Amid Intensifying Market Competition

In a fresh move that signals deepening competition in Nigeria’s downstream oil sector, Dangote Petroleum Refinery has again reviewed downward the ex depot price of Premium Motor Spirit (PMS), popularly known as petrol, reducing it from N835 to N825 per litre. This latest adjustment comes barely weeks after the 650,000 barrels per day facility Africa’s

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Business Economy

Federal Government Seeks Collaboration with Traditional Institutions to Foster Economic Growth and Social Cohesion

The Federal Government has reaffirmed its commitment to partnering with traditional institutions and other relevant stakeholders to drive economic growth and social cohesion in the country. This initiative underscores the government’s recognition of the pivotal role traditional institutions play in community development, conflict resolution, and the preservation of cultural heritage. By leveraging the influence and

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Business Economy

Bauchi Rep Empowers Local Farmers with Tractor, Farm Inputs to Boost Agriculture

In a move aimed at enhancing agricultural productivity and empowering rural farmers, the member representing Bauchi Federal Constituency in the House of Representatives, Hon. Aminu Garba, has donated a brand-new tractor and assorted farming inputs to farmers in his constituency. The gesture, which was warmly received by members of the farming community, took place on

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Business World

Trump Applauds Progress in Ongoing US-China Trade Talks

Former United States President Donald Trump has commended what he described as “significant progress” in the ongoing trade negotiations between the United States and China, noting that improved bilateral economic cooperation is vital for global stability and economic growth. Speaking during a political gathering in Florida on Friday, Trump said the renewed dialogue between the

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Business Policy update

Disclose If LGAs Receive Allocations Directly, SERAP Tells CBN

The Socio-Economic Rights and Accountability Project (SERAP) has called on the Central Bank of Nigeria (CBN) to publicly disclose whether local government areas (LGAs) in the country are receiving federal allocations directly, in line with constitutional provisions aimed at promoting grassroots development and financial transparency. In a letter dated May 10, 2025, and signed by

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