The Federal Government and Africa Finance Corporation (AFC) have signed an investment partnership to jointly fund three projects, including a 1.3 billion dollar alumina refinery, a comprehensive geoscience mapping exercise and the creation of an investment vehicle to advance the initiatives. The Minister of Solid Minerals Development, Dele Alake, described the agreement as a READ MORE
Author: Innocent Umeh
Nigeria govt reaffirms commitment to cassava Bioethanol value chain development
The Minister of Budget and Economic Planning, Atiku Bagudu, has reiterated the Federal Government’s commitment to harnessing Nigeria’s vast cassava potential to drive industrial growth and economic stability. Bagudu said this on Wednesday in Abeokuta at a capacity building workshop for stakeholders on the Cassava Bioethanol Value Chain Development project in the South-West geo-political READ MORE
AfDB scales up agricultural investments in Nigeria with 200m loan
The Board of Directors of the African Development Bank Group has approved a $200 million loan to expand priority agricultural investments in Nigeria. In a statement published on its website, the Bank said the financing will support the second phase of the Federal Government’s National Agricultural Growth Scheme–Agro-Pocket (NAGS-AP). The programme aims to boost READ MORE
Afreximbank chief hinges AfCTA success on financing structures rather than trade volumes at Ecobank forum
At the 2026 Ecobank Nigeria Customers Forum, the chief economist of African Export-Import Bank (Afreximbank), Yemi Kale, said the success of the African Continental Free Trade Area (AfCFTA) will hinge more on financing structures than on trade volumes among African countries. Delivering the keynote address at the February 17 event hosted by Ecobank Nigeria, READ MORE
Nigeria govt pledges to deliver food support to vulnerable mothers through 13,000 PHCs
The Federal Government will deploy Nigeria’s network of more than 13,000 Primary Health Care Centres (PHCs) to deliver nutritious food support to vulnerable pregnant women and children under six. The Executive Director of the National Primary Health Care Development Agency (NPHCDA), Dr Muyi Aina, made this known on Tuesday in Abuja while outlining the READ MORE
WAEC unveils digital certificate services in Nigeria, four others
The West African Examinations Council (WAEC), has announced the full implementation of its Digital Certificate Services System, WAEC DigiCert, across Nigeria and four other member countries. Oher member countries are Gambia, Ghana, Liberia and Sierra Leone. In a statement by the Head of Public Affairs, WAEC Headquarters, Accra, Ghana, Demianus Ojijeogu, on behalf READ MORE
Nigeria Not Ready for Real-Time Election Results Transmission – Senate
The Senate on Thursday stated that the Independent National Electoral Commission (INEC) currently lacks the capacity to conduct electronic voting, stressing that electronic transmission of results should not be mistaken for the adoption of an e-voting system. Chairman of the Senate Ad-hoc Committee reviewing the 2026 Electoral Bill, Senator Adeniyi Adegbonmire, made this clarification READ MORE
NIMASA Identifies Limited Capital Access, Skills Gap as Key Maritime Sector Challenges
The Nigerian Maritime Administration and Safety Agency (NIMASA) has outlined major challenges confronting the maritime sector, including restricted access to capital driven by high capital expenditure and cyclical revenues, a shortage of skilled manpower, underinvestment in automation and green technologies, limited scale to compete globally, and policy inconsistency coupled with procurement uncertainty. Speaking at READ MORE
NNPCL Reaffirms Commitment to Indigenous Capacity in Africa’s Energy Narrative
The Group Managing Director of NNPC Ltd., Mr Bayo Ojulari, has reiterated the company’s commitment to deepening partnerships, strengthening indigenous capacity, and promoting gas as a critical driver of Africa’s industrialisation. Ojulari gave the assurance on Tuesday in Lagos at the 10th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC 2026), themed “A Decade READ MORE
Dangote Cement Plans 73% Capacity Expansion to 90Mta Across Africa by 2030
Dangote Cement Plc has unveiled plans to increase its production capacity across Africa to 90 million metric tonnes per annum (Mta) by 2030, representing a 73% rise from its current capacity of 52Mta. The expansion strategy, which underscores the company’s ambition to deepen Africa’s cement self-sufficiency, will see capacity grow to 61Mta by 2026. READ MORE
Nigeria: Tinubu Orders Sports Funding Overhaul from 2026
President Bola Tinubu has approved a sweeping overhaul of sports funding in Nigeria, directing economic management authorities to guarantee adequate and timely financing beginning with the 2026 fiscal year. The president announced the decision in a post on his verified X handle, describing sports as one of Nigeria’s strongest national brands and a powerful READ MORE
Nigeria, Turkiye partner to strengthen family cohesion, social welfare
Nigeria and Turkiye have signed a Memorandum of Understanding (MoU) to strengthen family cohesion and advance social welfare in both countries. Ahmed Danbazau, Head, Press and Public Relations, Federal Ministry of Women Affairs and Social Development (FMoWASD) made this known in a statement, on Wednesday in Abuja. According to him, the MoU was READ MORE
FG, APDC sign MoU to revitalise youth centres nationwide
The Federal Government has signed a Memorandum of Understanding (MoU) with the Africa Projects Development Centre (APDC) to revitalise Youth Development Centres across the country. The Minister of Youth Development, Mr Ayodele Olawande, announced the partnership in Abuja on Tuesday, describing it as part of renewed efforts to reposition youth facilities for skills acquisition, READ MORE
Nigeria Customs Revenue Rises 19% to N7.28trn in 2025
The Nigeria Customs Service (NCS) recorded a historic revenue performance in 2025, generating N7.28 trillion—about a 19 per cent increase from the N6.1 trillion collected in 2024 and surpassing its N6.58 trillion target for the year. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday in Abuja during the 2026 World Customs Day READ MORE
NNPCL commends Chevron on successful Awodi-07 discovery
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well. Awodi-07 well is located in the shallow offshore western Niger Delta. It was drilled as part of the Joint Venture’s ongoing READ MORE