In a move that has the potential to reshape the Commonwealth Games landscape, Nigeria has formally submitted its bid to host the 2030 Commonwealth Games. This significant announcement, echoing well beyond its borders, could see Nigeria become the first African ...
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Federal Government Unveils $3.14bn Agric Investment Scheme With FAO
The federal government has unveiled a $3.14 billion agricultural investment portfolio under the Food and Agriculture Organisation’s (FAO) Hand-in-Hand Initiative, targeting five high-impact value chains of tomato, cassava, maize, dairy and fisheries. Minister of Agriculture and Food Security, Abubakar Kyari ...
Read More »Upstream Sector Attracts $18.2bn Investment, Unlocks 1.4bn Oil Barrels
Nigeria’s upstream oil and gas sector has attracted $18.2 billion in new investment commitments, unlocking up to 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) of gas, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission ...
Read More »Federal Government, States, Others Share N2.225trn August Revenue
The Federation Account Allocation Committee (FAAC), at its September 2025 meeting, chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, allocated N2.225 trillion to the three tiers of government as federation allocation for August ...
Read More »Nigeria’s AI Adoption Surpasses Global Growth Average
A new report conducted by Arion Research has shown that Nigerian businesses are adopting artificial intelligence (AI) at the highest rate globally. The report, ‘The AI Privacy Equation: The Nigerian Model of Responsible AI Adoption,’ shows that 94 per cent ...
Read More »Nigeria Leads Digital Asset Adoption In Africa
Nigeria has emerged as a major participant and Africa’s undisputed cryptocurrency powerhouse. Findings suggest that this dominance is fueled by a potent combination of a vast, young, tech-savvy population and profound economic pressures, including currency volatility and inflation. For many ...
Read More »2027: North Rallies Voters As South Tops Pre-Registration List
Northern states in the country have begun voter mobilisation as southern states continue to lead online pre-registration in the ongoing nationwide Continuous Voter Registration exercise. The PUNCH reports that Kano, Kaduna, Yobe, Zamfara, Sokoto and Ilorin, among others, are part ...
Read More »OPS Rejects 5% Fuel Surcharge, TUC Threatens Strike
The Trade Union Congress has threatened to call a nationwide strike within two weeks if the Federal government fails to scrap the proposed five per cent tax on petroleum products. Also, the Organised Private Sector has rejected the move by ...
Read More »NGX Lifts Trading Suspension On Universal Insurance Shares
The Nigerian Exchange Ltd(NGX) has lifted the suspension on trading in Universal Insurance Plc’s shares. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension ...
Read More »Vitapur Nigeria’s Innovation Hub Set To Revolutionise Household Products
A subsidiary of Vitafoam Nigeria Plc, Vitapur Nigeria Limited, has restated its commitment to sustainable development in the manufacturing industry with the launch of its innovation hub that will produce ozone-friendly polyurethane for rigid foam manufacturing. This initiative, supported by ...
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