August 8, 2025

Economy

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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Economy General Policy update

FG Advocates Strategic Deployment of Pension Assets to Boost Economic Growth

The Federal Government has called for the strategic utilization of Nigeria’s growing pension assets to support key sectors of the economy, emphasizing that proper deployment could serve as a catalyst for national development and long-term financial sustainability. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, made this known during a

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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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Economy General Politics

Edun Rallies Finance Ministry Leadership to Drive Nigeria’s Economic Acceleration

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the top management of the Federal Ministry of Finance to redouble their efforts in advancing Nigeria’s economic growth and ensuring fiscal stability in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu. The minister made the

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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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Economy General

FG Inaugurates Steering Committee for $500m SPIN Project to Boost Irrigation, Power and Food Security

The Federal Government has inaugurated the Steering Committee for the Sustainable Power and Irrigation in Nigeria (SPIN) project, a $500 million initiative aimed at enhancing irrigation systems, increasing hydropower generation, and improving food security across the country. The committee, inaugurated on Thursday in Abuja, is chaired by the Minister of Water Resources and Sanitation, Prof.

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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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