N1.17 Trillion VAT at Risk Over Supplier E-Invoicing Compliance
Nigeria's July e-invoicing deadline could jeopardize N1.17 trillion in manufacturer VAT if suppliers fail to comply, warns tax expert Olumide Akinsola.
Category : Agriculture
SROL Wins Three Awards at Solid Minerals Excellence Awards
Segilola Resources Operating Limited won three major awards at the inaugural Solid Minerals Excellence Awards in Abuja, including Gold Mining Company of the Year and Outstanding Gold Producer of the Year.
Nigeria Textile Revival Aims for 1.5 Million Jobs
Nigeria's government is reviving the textile industry, targeting 1.5 million jobs after cotton production dropped to 10,000 metric tonnes. A pilot project produced 10,000 local T-shirts.
Dangote Cement Empowers Six Benue Host Communities
Dangote Cement Plc flagged off multi-million-naira empowerment programs for farmers, women, and youths in six host communities in Gboko LGA, Benue State, benefiting 232 individuals.
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Aliko Dangote Centre: Skills Hub Abandoned with Lights On
The Aliko Dangote Ultra-Modern Skills Acquisition Centre in Kano operates at 15% capacity with unpaid staff for nine months, highlighting governance failures in Nigeria's PPP model.
Foundation Launches 11 Farmers Hubs in Bauchi to Boost Agriculture
FSSS establishes 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming with Heineken Africa Foundation support.
NGO Launches School Block, Digital Hub in Lagos Riverine Areas
The Destiny Trust inaugurates new classrooms and digital learning space in Ibeju-Lekki riverine communities, aiming to improve access to education for out-of-school children.
FG to Implement Trust Scheme for Oil Communities
The Federal Government announced the Host Community Development Trust (HCDT) under PIA to foster development, peace, and stability in oil-producing communities. A stakeholders' workshop in Port Harcourt detailed the framework and digital portal.
11 Farmers Hubs Set Up in Bauchi to Enhance Agriculture
FSSS, with Heineken Africa Foundation support, launches 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming.
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NMDPRA Enforces Host Community Trust Compliance
NMDPRA declares mandatory compliance with HCDT framework under PIA, unveils digital portal to enhance transparency and accountability in host community trust administration.
Experts Push Cooperative Financing for Housing in Nigeria
Experts advocate cooperative financing for social housing in Nigeria, targeting low- and middle-income earners excluded from costly mortgages.
NDPHC Plans 24-Hour Power for Lagos with 1,500MW Boost
Niger Delta Power Holding Company plans to inject 1,500MW into Lagos, aiming for 24-hour electricity. Collaboration with LASERC targets stable power for Africa's largest commercial hub.
World Bank Warns of Skills Gap Threatening Africa's Growth
The World Bank warns that Africa's widening skills gap threatens economic growth, productivity, and job creation, urging urgent investment in education and training reforms.
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Olam Agri Launches Mama’s Pride Soya Oil in Nigeria (20.05.2026)
Olam Agri unveils Mama’s Pride Soya Oil, a cholesterol-free, nutrient-rich cooking oil fortified with Vitamin A and Omega 3/6, now available nationwide in Nigeria.
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Petrol, Diesel Prices Crash at Nigerian Depots Despite High Oil
Nigeria's depot fuel prices fall as competition rises, with Lagos seeing sharp cuts to ₦1,277 per litre, despite global crude above $110.
Nigeria Local Content Hits 61% in Oil and Gas Sector
Nigeria's local content in oil and gas rose from under 5% in 2010 to 61% in 2025, driven by NCDMB's focus on midstream and downstream sectors for investment and growth.
Activist Urges Niger Delta Audit, Stakeholders Seek PIA Review
Environmental activist Dr Nnimmo Bassey calls for a comprehensive environmental audit of the Niger Delta, while host communities demand a review of the Petroleum Industry Act.
Nigeria Risks Missing 2030 Open Defecation Target, WTO Founder Warns
Prof Jack Sim warns Nigeria may miss 2030 open defecation target, urging coordinated national sanitation drive involving government, civil society, and private sector.
Industrial Goods Stocks Rebound 118.6% on NGX
Industrial goods stocks on the NGX surged 118.55% YTD, driven by strong earnings from cement makers and improved investor confidence, rebounding from a 4.58% loss in 2025.
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Africa-Europe Trade to Hit $1 Trillion in Decade
A Boston Consulting Group report says Africa-Europe bilateral trade could double to $1 trillion in 10 years through value chain integration and corridor revitalization.
Nigerian Manufacturers: Tapping Into Africa's Single Market
PAMA Secretary-General Segun Ajayi-Kadir outlines steps for Nigerian manufacturers to benefit from AfCFTA, including obtaining certificates of origin and targeting priority markets.
WTO Secures N295m for Developing Trade Support
Sweden commits SEK 2 million (N295m) to WTO Global Trust Fund for technical assistance and training to help developing economies integrate into global trade.
NESREA Shuts Down Kano Rice Plant for Environmental Breaches
NESREA has sealed Fortune Rice Mills Limited in Kano for violating air quality and food sector regulations, following public complaints about dust and odor emissions.
Woman Shows Receipt for 12kVA Solar Inverter, Cost Stuns
A Nigerian woman went viral after showing the receipt for her 12kVA solar inverter, revealing a total cost of N6.25 million. She now enjoys 24-hour electricity.
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Food Inflation Hits 16.06% in April 2026, 11 States Above 20%
NBS reports food inflation rose to 16.06% in April 2026, exceeding headline inflation. Enugu, Kwara, and Adamawa record highest year-on-year rates, with 11 states above 20%.
Togo Removes Visa Requirements for All African Nationals
Togo has eliminated visa requirements for all African citizens visiting for up to 30 days, aiming to boost continental integration and mobility.
Nigeria's Crude Oil Hits $116, Surpasses Brent and WTI
Nigeria's premium crude grades, Brass River and Qua Iboe, surge past $115 per barrel, outperforming Brent and WTI, boosting the Tinubu administration's revenue.
Tony Elumelu Targets Seplat Board Seat After $500 Million Deal
Tony Elumelu is set to join Seplat Energy's board as a Non-Executive Director after Heirs Energies acquired a 20% stake for $500 million. Shareholders vote on May 20, 2026.
Bassey Demands Environmental Audit of Niger Delta Now
Dr Nnimmo Bassey calls for immediate environmental audit of Niger Delta, as stakeholders demand PIA review. He warns of oil spill scale comparable to Deepwater Horizon disaster.
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Goat Farming Costs and Profit in Nigeria: Full Breakdown 2026
Starting goat farming in Nigeria costs from ₦300,000. Learn about expenses, breeds, profit potential, and risks. A complete guide for 2026.
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