Nigeria Secures $134 Million AfDB Loan to Power Year-Round Farming
In a move to shore up the nation’s food supply and invigorate rural livelihoods, the Federal Government has clinched a $134 million loan facility from...
Category : National
Nigeria Charts New Growth Path: Joins EBRD to Unlock Billions for Businesses and Infrastructure.
At the 2025 EBRD Annual Meetings in London, Nigeria was formally admitted as a full member of the European Bank for Reconstruction and Development (EBRD),...
Nigeria Boosts Global Credibility with Early IMF Loan Repayment of $3.4 billion.
Nigeria has fully repaid the $3.4 billion emergency funding provided by the International Monetary Fund (IMF) in April 2020 under its Rapid Financing Instrument, completing repayment...
Nollywood Shines Bright: Femi Adebayo and Chioma Chukwuka Lead Nigeria’s Big AMVCA Wins.
The 11th AMVCA, held at Eko Hotels and Suites on May 10, 2025, showcased Nigeria’s storytelling prowess, drawing A‑list talent, industry leaders and packed audiences...
Nigeria’s Creative Sector Poised for Major Growth, Says House Speaker.
Nigeria’s creative industry stands on the brink of a jobs boom, the Speaker of the House of Representatives, Hon. Tajudeen Abbas, told lawmakers in Abuja...
Nigeria’s QTech Games Powers Africa’s Gaming Revolution
QTech Games has clinched the Innovative Partner award at the 2025 Africa Gaming Expo Awards in Lagos, beating leading aggregation firms to secure recognition for...
Nigeria’s Non-Oil Exports Soar to 1.79 Billion Dollars in Q1 2025 Fueling National Growth.
In an impressive display of resilience amid global trade tensions, Nigeria’s non-oil exports reached $1.791 billion in the first quarter of 2025, marking a 24.75...
Nigeria’s Maritime Sector Hits New High as Onne Terminal Hosts Its Largest Vessel Yet
On Wednesday, April 16, the Onne Multipurpose Terminal (OMT) marked another milestone when the Kota Carum—at 301.43 metres the largest vessel ever to dock at...
Tetracore CEO Honored for Advancing Africa’s Energy Future
Recognition for Energy Leadership Olakunle Williams, the Chief Executive Officer of Tetracore Energy Group, has been honored with the prestigious Vanguard Energy Icon Award 2025....
EU and Nigeria Seal €1.3 Billion Partnership to Power Infrastructure and Green Growth
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the European Union Ambassador to Nigeria, Gautier Mignot, met in Abuja to...
Nigeria Commits $1.07 Billion to Healthcare Reform, Allocates N4.8 Billion for HIV Treatment.
In a decisive move to bolster Nigeria’s healthcare infrastructure, the Federal Executive Council (FEC) has sanctioned a substantial $1.07 billion investment aimed at comprehensive health...
Nigerian Author Samuel Kolawole Wins Top U.S. Literary Prize
Samuel Kolawole, an Assistant Professor of English and African Studies at Penn State, has been awarded the esteemed Whiting Award for his novel, ‘The Road...
Jim Ovia Honored with Freedom of the City of London
LONDON, April 7, 2025 – In a ceremony steeped in centuries of tradition, Jim Ovia, CFR, founder and chairman of Zenith Bank Plc, was admitted...
Nigeria’s $42 Billion Reserves and Oil Sector Reforms Signal Economic Resurgence.
Nigeria’s economic landscape is witnessing a significant transformation as the nation’s foreign reserves soar to $42.01 billion, the highest in nearly two years, and comprehensive...
Cross River Launches $538 Million Agro-Industrial Hub to Drive Food Security and Rural Jobs
Calabar — Cross River State took a bold step toward agricultural transformation on Thursday as Vice President Kashim Shettima and African Development Bank (AfDB) President...
Afreximbank Channels $50 Billion into Nigeria Over Ten Years, Unveils New Trade Hub in Abuja.
Abuja – Afreximbank has poured a staggering $50 billion into Nigeria over the past decade, targeting vital industries from energy and manufacturing to healthcare, transport, and...
FG Receive WAPIS Platform and Infrastructure from European Union
FG RECEIVES WAPIS PLATFORM AND INFRASTRUCTURE FROM EUROPEAN UNION The Federal Government through the Ministry of Police Affairs has formally received the West African Police...
Sweden Opens Trade Office in Nigeria as Royal Visit Cements Closer Ties.
Abuja, Nigeria – There was a real sense of forward movement at the Presidential Villa in Abuja on Monday. It wasn’t just the standard diplomatic handshakes...
Nigeria Unveils First Indigenous Attack Drones in Historic Defence Move.
In a groundbreaking development for Africa’s defence landscape, the Nigerian Military, in collaboration with Briech UAS—a leading communications company—has unveiled what is being hailed as...
Federal Government Boosts Healthcare with Billion-Dollar Funding
The wheels of progress in Nigeria’s healthcare sector have just received a significant push, with the Federal Executive Council (FEC) greenlighting a substantial $1.07 billion...
Lagos Achieves a GDP of $259 Billion, Ranking as Africa’s Second-Largest City Economy
Lagos State Solidifies Position as Africa’s Economic Powerhouse Lagos State has reinforced its status as one of Africa’s leading economic hubs, with its Gross Domestic...
President Tinubu endorses the hiring of 774 National Health Fellows to boost the healthcare system.
In a move that underscores the nation’s commitment to a stronger healthcare system, President Bola Tinubu has approved the employment of 774 National Health Fellows....
President Tinubu Endorses Dialysis Subsidy in 11 Hospitals and Cuts Treatment Cost from N50,000 to N12,000
In a significant boost for healthcare accessibility, President Bola Tinubu has approved a subsidy that dramatically reduces the cost of kidney dialysis in Nigeria. The...
Nigeria Increases Oil Production by 70,000 BPD Above OPEC Target
Nigeria Increases Oil Production by 70,000 BPD Above OPEC Target A Reuters survey has revealed that Nigeria is producing 70,000 barrels per day (bpd) more...
From Workshop to Sky, NASENI’s Made-in-Nigeria Helicopter Prepares for Maiden Flight.
Nigeria’s quest for technological self-reliance reached a pivotal milestone this week as the National Agency for Science and Engineering Infrastructure (NASENI) revealed that its inaugural...
Big 5 Construct Nigeria 2024 Summit to Foster Industry Collaboration
This year’s Big 5 Construct Nigeria conference will emphasize the importance of collaboration among construction professionals. According to the event organizers, the Big 5 Construct...
Nigeria holds the ninth position as an investment destination in Africa
Nigeria secured the position of the ninth most investable country in Africa for 2024, according to the latest RMB Where to Invest in Africa report....
Jumia connects 11,000 SMEs to consumers across Nigeria, others
Jumia, an e-commerce platform, said it has connected over 11,000 Small and Medium Enterprises, SMEs, to millions of consumers across Nigeria and other African Countries. According...
DBN shortlists 20 MSMEs for tech summit
In a bid to stimulate the growth of micro, small, and medium enterprises in Nigeria, the Development Bank of Nigeria has successfully shortlisted 20 tech...