Category: Business
-
NIGERIA’S INFLATION HITS THREE-YEAR LOW AT 18.02% IN SEPTEMBER
Good news for Nigerians! Inflation has dropped for six straight months, reaching its lowest point in three years, thanks to strong monetary policies and improved food supplies. The Central Bank Governor, Yemi Cardoso, revealed that Nigeria’s inflation rate eased to 18.02% in September 2025, down from a peak of 34.19% in mid-2024. Food inflation slowed…
-
TONY ELUMELU URGES AFRICA TO UNLOCK $4 TRILLION IN PENSION FUNDS TO POWER GROWTH
Africa is sitting on a goldmine! Tony Elumelu, Chairman of Heirs Holdings and UBA, calls on governments to tap into their huge pension funds and fix the energy crisis to drive inclusive growth and innovation. Speaking at the UBA white paper launch in Washington, Elumelu stressed that trillions in African pension assets are stuck in…
-
GOOGLE AND NIGERIA LAUNCH AI TRAINING PROGRAM FOR PUBLIC SERVANTS
Nigeria’s public servants are getting a digital boost! Google and the Ministry of Communications team up to roll out the Apolitical Government AI Campus, empowering civil servants with AI skills to transform governance. The initiative offers practical online courses, expert sessions, and global peer learning on AI fundamentals, ethical use, and leadership. Minister Dr. Bosun…
-
FG TO LAUNCH NATIONAL DRIVE PROMOTING MADE-IN-NIGERIA GOODS UNDER NIGERIA FIRST POLICY
A new push for local pride and jobs! The Federal Government is launching a campaign to boost Nigerian-made products, aiming to strengthen manufacturing and cut import dependence. President Bola Tinubu, speaking at the Manufacturers Association of Nigeria’s Adeola Odutola lecture, revealed the campaign as part of the broader Nigeria First policy, projected to grow manufacturing…
-
AGRICULTURE STAKEHOLDERS UNITE FOR STRONGER PARTNERSHIPS TO END HUNGER IN NIGERIA
Ending hunger takes everyone’s effort! At the 2025 World Food Day celebration in Lafia, leaders from government, farmers, and private sector stressed teamwork as the key to food security. The event, themed “Collaborating for Zero Hunger,” highlighted how partnerships among the Commodity Agricultural Forum (CAF), Value Chain Development Programme (VCDP), and governments have transformed Nasarawa’s…
-
REPS PRESS ACRESAL COORDINATOR FOR ACCOUNTABILITY, TRANSPARENCY IN WORLD BANK PROJECT
Lawmakers are turning up the heat on the Agro-Climatic Resilience in Semi-Arid Landscapes (ACRESAL) project, demanding to see how every kobo has been spent — and whether promises made to Nigerians are being kept. The House of Representatives Committee on Environment has called for greater transparency and accountability from the National Coordinator of the Agro-Climatic…
-
MAMA RAINBOW SHINES BRIGHT AT 83, CELEBRATING 60 YEARS ON STAGE
Nigerian film legend Idowu Phillips, famously known as Mama Rainbow, celebrates an extraordinary 83 years of life and six decades of unforgettable performances, inspiring generations with her talent and grace. In a heartfelt Instagram post, Mama Rainbow reflected on her remarkable 60-year journey in entertainment, expressing deep gratitude for a career filled with music, memories,…
-
TONY ELUMELU CALLS FOR MAJOR AI AND DIGITAL INVESTMENT TO UNLOCK AFRICA’S POTENTIAL
Africa is ready for a tech leap! Tony Elumelu urges global cooperation to boost AI and digital infrastructure as a game-changer for productivity and prosperity. At a seminar during the IMF/World Bank meetings in Washington, Heirs Holdings Chairman Tony Elumelu emphasized that true productivity isn’t just output per worker but opportunity per person. He highlighted…
-
NIGERIAN STOCK MARKET BOUNCES BACK WITH N20 BILLION GAIN
After a tough day, Nigeria’s stock market is back in the green! Investors gained N20 billion with renewed interest in key stocks leading the charge. On Wednesday, the market reversed previous losses, closing with a N20 billion boost, pushing market capitalization from N93.756 trillion to N93.776 trillion. The All-Share Index climbed by 0.20%, settling at…
-
TUNISIAN AMBASSADOR PLEDGES STRONGER ECONOMIC TIES WITH NIGERIA TO BOOST TRADE
Tunisia is ready to team up with Nigeria across sectors like agriculture, finance, and energy to unlock new trade and growth opportunities. At the Ndigboamaka Progressive Markets Association Conference in Lagos, Ambassador Mohsen Antit promised Tunisia’s commitment to deepen partnerships with Nigeria. He highlighted readiness to collaborate on agriculture, banking, mining, oil and gas, aviation,…
