Dangote, AFC Seal $600m Fertiliser Deal Targeting $4b Exports
Dangote Group and AFC sign $600m financing to expand fertiliser production in Nigeria and Ethiopia, aiming for $4b exports and bolstering Africa's food security.
Dangote Group and AFC sign $600m financing to expand fertiliser production in Nigeria and Ethiopia, aiming for $4b exports and bolstering Africa's food security.
Lagos State Government has disbursed over N15 billion to more than 20,000 SMEs via LSETF, creating 320,000 direct and indirect jobs, with a 94.53% loan repayment rate.
The Manufacturers Association of Nigeria (MAN) has called for the suspension of proposed plastic regulations, warning of economic disruption and job losses, and urging implementation of existing roadmap.
The Ministry of Solid Minerals Development will launch SMDF-EMERGE grants from July to support early-stage mineral exploration and processing research, addressing funding constraints in Nigeria's mining sector.
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RecommendedProf. Abdullahi Bashir identifies effective communication as key to climate resilience at NNPC Foundation symposium, urging training, funding, and community collaboration.
The Nigerian Institute of International Affairs urges a trade policy review, emphasizing trade as a geopolitical tool to enhance national security and economic development.
Niger State Ministry of Mineral Resources shuts down six illegal mining processing sites for operating outside regulatory frameworks, as part of efforts to sanitize the sector.
Ondo State forms a seven-member technical committee to resolve legal, administrative, and operational issues stalling the Olokola Free Trade Zone project, aiming to unlock its economic potential.
Niger State Government closes six illegal mineral processing sites in Kontagora LGA, citing environmental and security risks, as part of a crackdown on unregulated mining.
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RecommendedNESREA, Nigeria Customs Service, and Wildlife Justice Commission arrested four persons for wildlife crime in Lagos and Ogun States, seizing 22 elephant tusks weighing 130.84 kg.
AfCFTA, Africa's landmark trade initiative, faces threats from protectionism, infrastructure gaps, and economic disparities among member states, risking its single market vision.
Visa marked Africa Day 2026 with a cultural celebration in Lagos, reaffirming commitment to digital commerce and financial inclusion across West Africa.
Aliko Dangote announces plans for a major industrial and free trade zone in Olokola, Ondo State, targeting power-driven investments and job creation.
Cross River State Governor Bassey Otu announces acquisition of an additional aircraft for state-owned CallyAir, bringing fleet to five, to boost tourism and investment.
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RecommendedLagos State Government has disbursed over ₦15 billion to more than 20,000 small businesses through LSETF, creating over 320,000 jobs in the past decade, with a 94.53% loan repayment rate.
The UK has released new salary figures for construction workers, electricians, plumbers, and restaurant staff. Average annual earnings range from £33,400 to £38,800, with hourly rates between £13 and £20.
NNPC begins workforce reduction as over 70% of eligible staff opt for voluntary exit schemes to improve efficiency and renew talent.
Cooking gas prices in Nigeria have surged by 50%, reaching N2,500/kg in some areas, forcing families to consider firewood and charcoal, threatening the government's clean cooking agenda.
Nigeria Customs Service intercepts two trucks with smuggled foreign vegetable oil worth N403.5 million in Enugu, Anambra, and Delta States.
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RecommendedLagos residents complain of delayed waste collection despite paying monthly fees, as PSP operators demand higher charges due to rising costs. Some operators accused of illegal dumping.
Global crude oil prices have dropped to a three-month low, but Dangote Refinery fuel prices remain elevated, sparking concerns among marketers and fuel retailers in Nigeria.
Discover the top 10 agricultural raw materials in Nigeria and their finished products, from cereals to cocoa, driving the economy and industries.
Ekiti State Government starts disbursing ₦55.6 million in IESF grants to 177 entrepreneurs, partnering with FirstBank to support innovation and enterprise development across the state.
Elon Musk's net worth hits $1.1 trillion after SpaceX's IPO surged 20%, making it the largest stock market debut ever with a $2.1 trillion valuation.
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RecommendedNCDMB, Chevron, and Bristow Helicopters launch a helicopter pilot training programme for 10 Nigerians, aiming to build local capacity in the oil and gas aviation sector.
CORBON chairman Dr Samson Opaluwah calls on builders to adopt sustainable construction systems prioritizing durability, resource efficiency, and environmental stewardship at ABU Zaria conference.
7-Fifteen Capital Limited says economic stability and market predictability are critical for Nigeria's luxury real estate growth, citing forex volatility and inflation challenges.
Building material prices in Nigeria have surged over 60% due to inflation, exchange rate instability, and high transport costs, worsening the construction crisis.
Rite Foods intensifies climate education in Lagos and Ogun schools, expanding its 'Waste-Is-Naira' recycling initiative to promote environmental sustainability among young students.
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RecommendedNCDMB confirms the Nigerian Oil and Gas Park Scheme in Bayelsa will start operations in Q4 2026, with a 2.5MW CNG power plant to be installed for industrial activities.