Category: Business
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ARMY REASSURES ONITSHA TRADERS: SECURITY, SAFETY GUARANTEED
Onitsha Main Market reopens with confidence as army steps up protection! The 82 Division of the Nigerian Army has assured traders in Onitsha Main Market and other economic centres in the South-East of full security and safety. Lt.-Col. Olabisi Ayeni, Acting Deputy Director of Army PR, said all law-abiding citizens will be protected, with intelligence-led…
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NIGERIA, SAUDI ARABIA BOOST HAJJ & UMRAH PARTNERSHIP IN HISTORIC ABUJA MEETING
Historic first: Saudi Hajj Minister visits Nigeria! Nigeria and Saudi Arabia have reaffirmed their commitment to strengthening Hajj and Umrah cooperation during a historic high-level meeting in Abuja. The engagement saw the first-ever visit by a Saudi Hajj and Umrah Minister to Nigeria, marking a milestone in bilateral relations. The discussions focused on pilgrim welfare,…
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FG EYES 10BSCFD GAS PRODUCTION BY 2030
Nigeria ramps up gas output to power industrial growth, energy security, and economic prosperity. At the Nigeria International Energy Summit 2026 in Abuja, Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, revealed that Nigeria is targeting 10 billion standard cubic feet per day (BSCFD) of gas production by 2030, with domestic supply already…
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ENUGU, UNDP PARTNER TO BOOST EDUCATION, ENERGY & DIGITAL GROWTH
Milestone MoU aims to fast-track development and attract investments to Enugu State. The Enugu State Government and UNDP Nigeria have signed a Memorandum of Understanding (MoU) covering education, energy, trade, digital economy and more, linking the state to the UNDP Integrated Smart States Programme (ISSP). Speaking at the Government House ceremony, UNDP Resident Representative Ms.…
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RICE IMPORTS RISE, BUT EXPERTS TELL FARMERS: DON’T QUIT YET
With thousands of farmers facing losses, agriculture experts say the answer isn’t abandoning rice—but fixing what’s broken in the system. Agriculture experts have urged Nigerian rice farmers to keep cultivating despite the recent spike in rice imports, warning that mass exit from production could hurt food security in the long run. Their advice follows a…
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LAGOS COURTS INVESTORS AT NIGERIA–UAE FORUM
Sanwo-Olu promises a business-friendly Lagos as city positions itself for global investment. Governor Babajide Sanwo-Olu on Monday urged local and international investors to explore Lagos’ vast opportunities, pledging supportive policies, robust infrastructure, and a secure environment. Speaking at the Nigeria–UAE Investment Forum, ‘Investopia Global Africa’, the governor highlighted key projects including the Lekki Deep Sea…
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AFRICA’S 180TCF GAS STUCK AS RULES, MARKETS FAIL TO ALIGN — NUPRC
The gas is there, the demand is real — but broken policies and fragmented markets are keeping Africa’s energy wealth underground. More than 180 trillion cubic feet of discovered natural gas across Africa remains untapped because of unaligned fiscal rules, inconsistent regulations and fragmented markets, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned. Speaking…
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FG PUSHES PERFORMANCE-DRIVEN LOCAL CONTENT FOR AFRICA’S GAS BOOM
From box-ticking to real industrial power — Nigeria wants local content that delivers jobs, tech and global competitiveness. The Federal Government is calling for a major rethink of Africa’s local content strategy, urging a shift from compliance-based rules to performance-driven frameworks that can truly power industrial growth in the gas sector. Speaking at the 2026…
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LAGOS GOV SEEKS DEEPER WORLD BANK PARTNERSHIP
Sanwo-Olu eyes investments in energy, agriculture, tourism & human capital Lagos State Governor Babajide Sanwo-Olu has expressed readiness to deepen collaboration with the World Bank Group, targeting sectors like energy, agriculture, tourism, and human capital development. Speaking on Sunday at Lagos House, Marina, while hosting a World Bank delegation led by Managing Director (Operations) Anna…
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OPEN THE DOORS BOTH WAYS: EXPERT DEMANDS VISA RECIPROCITY IN NIGERIA’S TRADE DEALS
No mobility, no real benefits — policy expert says trade pacts must work for Nigerians, not just capital The Founder of the Africa Development Studies Centre (ADSC), Victor Oluwafemi, is urging the Federal Government to make visa reciprocity a non-negotiable part of Nigeria’s trade and economic agreements. In a statement from Abuja, Oluwafemi argued that…
