BOA, FG Launch Scheme to Boost Grain Output to 25m Tonnes
The Bank of Agriculture and the Federal Government launch a financing scheme targeting 25 million tonnes of grain output, aiming to enhance food security and reduce imports.
Category : Agriculture
Fresh Petrol, Diesel, Gas Shipments Land in Nigeria
Fresh petrol, diesel, LPG and aviation fuel shipments arrive at Lagos, Warri and PH depots. Dangote Refinery suspension pushes ex-depot petrol prices to ₦1,200 per litre.
CBN: Diaspora Remittances to Hit $1bn Monthly by End of 2026
CBN Governor Yemi Cardoso projects diaspora remittances will reach $1 billion monthly by end of 2026, up from $600 million currently, as reforms boost inflows and external reserves top $52 billion.
BUA Promises Cheaper Food, Set to Become Nigeria's Biggest Food Company
BUA Group's investments in flour, sugar, and oil milling are expected to reduce food prices and improve food security, with completion in 2027 making BUA Foods Nigeria's largest food company.
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Mauritania Lists 11 African Countries Visa-Free Entry
Mauritania has opened an online visa application portal and exempts citizens of 11 African countries, including Senegal, Algeria, and Tunisia, from visa requirements under mutual agreements.
NNPC Leads Stations with Petrol at N1,110/litre
NNPC Retail cut petrol price to N1,110/litre on July 13, 2026, as other stations sell between N1,150 and N1,205. Expert warns prices may hit N1,400/litre soon.
FX Reactions to CPI Surprises and Preparation Tips
Discover how foreign exchange markets react to Consumer Price Index surprises and learn key strategies to prepare for volatility. Expert insights included.
Mshel Hutu Changes Abuja's Real Estate Landscape
Mshel Hutu's commissioning of landmark amenities transforms Abuja's real estate landscape, setting a new standard for luxury living in Nigeria's capital.
DR Congo Lists 44 African Countries Eligible for eVisa 2026
DR Congo has released the official list of 44 African countries whose citizens can apply for the eVisa in 2026. The eVisa is valid for 90 days, and applicants must state their travel purpose.
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Petrol Import Cost Surges N48/Litre in Six Days
The landing cost of imported petrol surged by nearly N48 per litre in six days to N1,182.50 per litre, driven by higher crude prices, rising shipping rates, and naira weakness, according to MEMAN data.
Abia Secures $145 Million Solar Manufacturing Plant Investment
Abia State has secured a $145 million investment to establish a solar manufacturing plant, boosting renewable energy capacity and creating thousands of jobs.
Cameroon Lists African Countries Eligible for Visa-Free Entry
Cameroon confirms visa-free entry for citizens of Nigeria, Chad, Congo, and Central African Republic. Travelers must hold passports valid for six months.
Yobe Governor Approves N460.8 Million for Akara Sellers
Yobe State Executive Council approves N460.83 million for beans and kitchen supplies for female small business owners, including akara sellers, under Governor Mai Mala Buni's empowerment programme.
Kebbi Governor Approves N10,000 Monthly Allowance for NYSC Members
Kebbi State Governor Nasir Idris has approved a N10,000 monthly allowance for all NYSC members in the state to cushion inflation effects.
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Fuel Importers Announce Fresh Petrol Price Hike to N1,350/Litre
Petrol depot prices in Nigeria will rise from N1,230 to N1,350 per litre starting July 17, 2026, pushing pump prices to as high as N1,400 per litre nationwide.
New Monkey Species with Orange Lips Found in DR Congo
Scientists discovered Colobus congoensis, a new monkey species with orange lips and a roaring call, in the Democratic Republic of Congo, marking the fifth new monkey species in Africa in 75 years.
Yobe Approves N73.3 Billion for Farm Inputs, Infrastructure
Yobe State Government has approved N73.3 billion for farm inputs, infrastructure, and housing projects to boost agriculture and development.
Petrol Price Set to Rise as Ex-Depot Cost Hits N1,200
The average ex-depot price of petrol in Nigeria has risen to N1,200 per litre after Dangote Refinery suspended naira sales, switching to dollar payments. Marketers warn pump prices will increase soon, worsening inflation and transport costs.
Climate Tech Overtakes Fintech in Africa Venture Funding
Climate tech has overtaken fintech as Africa's leading venture funding sector, attracting $1.2 billion in 2024, a 25% increase from 2023, according to a new report.
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Sanwo-Olu Urges Tree Planting, Targets 20,000 Trees in Lagos
Lagos State Governor Babajide Sanwo-Olu has called on residents to plant trees, announcing a target of 20,000 trees this year to combat climate change and enhance the environment.
US Backs Nigeria's Energy and Digital Infrastructure
The United States is supporting Nigeria's energy and digital infrastructure through investments and partnerships, boosting economic growth and connectivity.
FG pushes local cocoa processing to stop raw export
Nigeria's government urges cocoa processors to boost local processing capacity, aiming to end raw bean exports and capture more value from the cocoa value chain.
Gov Sani Commissions Five Township Roads in Kwoi
Kaduna Governor Uba Sani commissions five newly constructed township roads in Kwoi, improving infrastructure and connectivity in the area.
Avoid Electrical Hazards During Rainy Season: Tips
Electricity company advises on preventing electrical hazards during rainy season, including unplugging appliances and avoiding wet areas.
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Shell Awards $518M Contracts to Indigenous Nigerian Firms
Shell awarded $518 million in contracts to Nigerian firms in 2024, boosting local content and economic growth, says SPDC.
Ebonyi Farmers Demand Transparent Farm Input Distribution
Farmers in Ebonyi State urge the government to ensure transparent and equitable distribution of subsidized farm inputs to boost agricultural productivity and food security.
Shettima Unveils $500m Niger Delta Agriculture Fund
Vice President Kashim Shettima launched the $500 million Niger Delta Agricultural Investment Fund in Abuja, aiming to transform the region's agriculture and boost food security.
Lagos Govt Begins Documentation of Informal Public Spaces
The Lagos State Government has started documenting informal public spaces, directing occupants to present ownership documents within 30 days or risk losing the spaces.
Sanwo-Olu Visits Flood-Hit Lagos Communities, Reassures Residents
Lagos Governor Babajide Sanwo-Olu visited flood-affected communities in Ikorodu and Epe, assuring residents of government intervention and support.
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CAC Begins Sixth Batch Strike-Off of 100,000 Companies
Nigeria's CAC begins striking off 100,000 companies in its sixth batch for failing to file annual returns, as part of a regulatory clean-up.
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