Category : Search result: agriculture expansion


Makinde Signs ₦892bn 2026 Oyo Budget Monday

Governor Seyi Makinde will sign Oyo State's ₦892 billion 2026 Appropriation Bill into law on Monday, December 22. The 'Budget of Economic Expansion' aims to drive growth and infrastructure. Read details.

Only 1.4% of Nigeria's budget goes to agriculture

Nigeria's agriculture sector gets a meager 1.4% of the federal budget annually, hindering mechanisation and food security. Experts call for urgent investment to combat rising food costs and insecurity. Read the full analysis.

Feed Costs, Input Access Challenge Nigeria Poultry Farmers

Despite being Nigeria's most commercialised livestock segment, poultry farmers face high feed costs and limited input access. The Minister of Livestock reaffirmed commitment at the LAPO Chicken Fair, highlighting collaboration for food security.

Nollywood's $1 Billion Deal Marks New Chapter

Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Tinubu Makes Fresh Appointments to Key Federal Boards

President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.

Tinubu Names Al-Makura, Others to Key Boards

President Bola Tinubu has approved new board appointments for NADF, Bank of Agriculture, and UBEC. Senator Umaru Tanko Al-Makura retains his role as UBEC chairman. Read the full list of appointees.

FG Unveils Digital Farmers Registry for Food Security

The Federal Government has launched the National Digital Farmers Registry (NDFR) to harmonise farmer data, improve access to credit, and boost agricultural productivity in line with national food security goals.

N4bn Smart Agric Project Benefits 14,000 Bauchi Farmers

Over 14,000 smallholder farmers in Bauchi North are gaining climate resilience and income through a N4 billion regenerative agriculture initiative by Heineken Africa Foundation and Nigerian Breweries. Read more.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

4.5m Nigerians to Get Climate-Smart Agric Empowerment

The Federal Government partners with UNESCO REF to train 4.5 million Nigerians in hydroponics and kenaf farming, boosting food security and climate resilience. Learn how this initiative promises significant income.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

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