Economic Development
Historic Trade and Economic Initiatives Between UK and Ethiopia Signed
The United Kingdom and Ethiopia have signed a series of trade and economic agreements aimed at boosting investment energy transmission and job creation....
Nigerian Railway Corporation Targets 10,000km Rail Network in Five Years
The Nigerian Railway Corporation (NRC) has unveiled plans to expand the nation’s rail network from the current 4,000 kilometres to 10,000 kilometres within...
World Bank Opens $250bn Global Procurement Window to Nigerian Firms
The World Bank has unveiled a $250 billion global procurement window for Nigerian firms, urging local companies to seize thousands of business opportunities...
Abia Govt Moves to Introduce Industrial Policy, Strengthen Ease of Doing Business
The Abia State Government has announced plans to introduce a comprehensive industrial policy aimed at driving sustainable industrial development and attracting investment to...
RCCG Lagos Hosts 2026 Economic Summit on Tax Reforms and Investment Opportunities
Stakeholders converged in Lagos on Saturday for the 2026 Economic Summit organised by RCCG Lagos Province 35 to review Nigeria’s evolving tax framework...
Akwa Ibom Governor Flags Off Ibom CNG Mass Transit Terminal in Uyo
Akwa Ibom State Governor Umo Eno has officially flagged off the construction of the Ibom CNG Mass Transit Terminal at Ikot Ekpe Offot,...
Tinubu Approves Oil Drilling at Tongeji Island, Revives Olokola Deep Seaport
President Bola Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area of Ogun State, alongside...
CBN Says 20 Banks Meet Capital Requirements as Focus Shifts to Productive Lending
The Central Bank of Nigeria (CBN) has confirmed that around 20 deposit money banks have met the new capital requirements under its ongoing...
Fifteen Nigerian States to Spend Over ₦10tn on Infrastructure in 2026
Fifteen states in Nigeria have collectively earmarked ₦10.7 trillion for capital expenditure in 2026, signaling an ambitious effort to upgrade roads, schools, hospitals,...
Nigeria’s Special Economic Zones Generate $500m in Exports, Create 20,000 Jobs in 2025
The Federal Government of Nigeria has reported that Special Economic Zones (SEZs) generated over $500 million in export revenues and created more than...
