Economy
The Poultry Association of Nigeria, FCT chapter, has said that the poultry industry contributes more than 25 per cent to Nigeria’s agricultural Gross Domestic Product. The association stated this in an interview with the News Agency of Nigeria Today in Abuja, in commemoration of the World Egg Day, celebrated annually on the second Friday of […]
President Bola Ahmed Tinubu has announced that Nigeria has fulfilled all its legal and financial obligations as the host country for the African Energy Bank (AEB), a $5 billion financing institution set to bolster energy investment across the continent. He made this disclosure on Wednesday during the commissioning of the $400 million Green Energy […]
The Nigerian Presidency has rejected the World Bank’s recent estimate that 139 million Nigerians are currently living in poverty, describing the figure as “unrealistic” and detached from local economic realities. The response came Wednesday from President Bola Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare, who posted on his official X handle […]
The Federal Government has reported a steady decline in food prices and improved crop production across the country, according to the 2025 Agricultural Performance Survey (APS) report released on Wednesday. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, in a press statement, announced that the country had witnessed growth in the output of […]
The African Development Bank (AfDB) has confirmed plans to disburse an additional $500 million to Nigeria by the end of 2025, as part of a broader $1 billion budget support facility aimed at cushioning the impact of ongoing macroeconomic reforms. The update was disclosed by Dr. Bode Oyetunde, Executive Director at the AfDB representing […]
Photo File: Gateway International Airport (GWI), Ogun state. In a historic moment for Ogun State and Nigeria’s aviation industry, the newly constructed Gateway International Airport (GWI) officially commenced commercial flight operations on Tuesday morning, despite challenging rainy conditions. The inaugural ValueJet flight to Abuja marked a major milestone in the state’s infrastructure development, with […]
President Bola Tinubu has explained why his administration established the N200 billion intervention fund to support micro, small, and medium enterprises (MSMEs) and manufacturers. Tinubu, represented by the Vice-President Kashim Shettima, stated this in Abuja on Monday at the 31st Nigerian Economic Summit, organised by the Nigerian Economic Summit Group. The president said it […]
Former President Olusegun Obasanjo Today said Nigerians must begin to ask the necessary questions to be able to deal with the Boko Haram menace, which he said had become a monster. While decrying the lingering insurgency in the country, he said that the Boko Haram insurgency was virtually part of the lives of Nigerians. Obasanjo […]
The pan-Yoruba socio-political organisation, Afenifere, on Friday warned that the recent attacks on communities in Kwara and Kogi states were attempts by territorial expansionists, terrorists, and disgruntled elements to destabilise the country and create chiefdoms that would endanger the people. Afenifere, founded in 1998, is Nigeria’s foremost pan-Yoruba socio-political organisation known for its advocacy on […]
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike against the Dangote Petroleum Refinery following the intervention of the Federal Government, but warned that the truce remains temporary. The strike, which began on Sunday over alleged anti-union practices at the 650,000-barrel-per-day refinery, disrupted parts of Nigeria’s oil and […]
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