Category: Business
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Highway to the Future: Lagos-Calabar Coastal Road Gets the VIP Inspection
When heavyweights hit the highway, you know progress is cruising full speed ahead! Lagos-Calabar Coastal Highway’s latest inspection brought together top engineers, officials, and the Minister of Works for a close-up on Nigeria’s infrastructure game-changer. On Monday, August 18, 2025, the Lagos-Calabar Coastal Highway construction site was buzzing with energy as the project’s key players…
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Info Chiefs and Enugu Gov Hit the Ground Running on Project Tour
When the big wigs roll into town, progress isn’t far behind. Last Thursday, top info honchos teamed up with Enugu’s Governor Peter Mbah for a hands-on tour of ongoing projects – and sparks of collaboration flew! On August 14, a powerhouse squad, including Minister of Information and National Orientation Mohammed Idris, Enugu Governor Peter Mbah,…
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Power Moves: Nigeria Launches WEIDE Fund to Boost Women Exporters in the Digital Age
When women thrive, economies soar — and Nigeria just flipped the switch with the Women Exporters in the Digital Economy (WEIDE) Fund. Launched in Abuja, this game-changing initiative is here to turbocharge female-led businesses on the global stage, thanks to a star-studded lineup of ministers and the WTO’s head.Last Thursday in Abuja, a powerhouse gathering…
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LAGFERRY TRANSPORTS 2.5 MILLION PASSENGERS IN FIVE YEARS, EYES EXPANSION
Lagos State Ferry Services (LAGFERRY) has ferried 2.5 million passengers over the last five years, operating 19 terminals and 23 routes across the state’s waterways. Managing Director Abdoulbaq Balogun credited Governor Sanwo-Olu’s support for fleet expansions, including 14 locally-made boats added since 2020, boosting service and job creation. From 2020 to 2025, LAGFERRY covered over…
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FEC APPROVES $125M ISLAMIC BANK LOAN TO BOOST ABIA’S INFRASTRUCTURE DRIVE
The Federal Executive Council has approved a $125 million Islamic Development Bank (IsDB) loan for Abia State’s Integrated Infrastructure Development Project, a key part of a $263.8 million co-financing plan including funds from AfDB and Canada–Africa Development Bank. The project will upgrade over 160km of roads in Aba and Umuahia, tackle erosion issues, and create…
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LAGOS LAUNCHES PPP PILOT TO BOOST WATER SUPPLY WITH INNOVATION AND INVESTMENT
Lagos State is kickstarting a pilot Public-Private Partnership (PPP) initiative to revolutionise water delivery, tackling rising demand from urban growth with tech-driven, sustainable solutions. The two-day stakeholder meeting, supported by WaterAid Nigeria, highlights the state’s commitment to expanding infrastructure, improving efficiency, and ensuring uninterrupted access to clean water for all Lagosians. LWC’s MD Mukhtaar Tijani…
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FG LAUNCHES ₦10M INTEREST-FREE LOAN TO BOOST TERTIARY STAFF WELFARE AND CAREER GROWTH
The Federal Government unveils the ₦10 million Tertiary Institutions Staff Support Fund (TISSF), an interest-free loan scheme aimed at improving welfare, career development, and financial stability for academic and non-academic staff across Nigerian tertiary institutions. Minister of Education Dr. Tunji Alausa calls it a strategic empowerment platform under President Tinubu’s Renewed Hope Reform Agenda, designed…
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ENUGU GOV LAUNCHES 100 CNG BUSES, PROMISES 20,000 JOBS AND ECONOMIC BOOST
Governor Peter Mbah of Enugu State has unveiled 100 modern Compressed Natural Gas (CNG) buses and five new bus terminals, pledging to create at least 20,000 jobs and drive the state’s GDP toward $30 billion in six years. The new transport system promises affordable, accessible, and seamless travel, supporting schools, markets, and major routes while…
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OVER 15,000 HERDERS FLEE NIGERIA AMID RISING INSECURITY – MIYETTI ALLAH
Worsening insecurity has forced over 15,000 Nigerian herders and families to flee to neighbouring countries, the Miyetti Allah Cattle Breeders Association (MACBAN) revealed during the inauguration of Kwara State’s new MACBAN chairman. National president Alhaji Baba Usman Ngelzarma highlighted that Fulani pastoralists are among the worst hit by banditry, kidnapping, and cattle rustling, with over…
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FEC APPROVES MAJOR FUNDING TO UPGRADE NATIONAL POWER INFRASTRUCTURE
The Federal Executive Council (FEC) has green lit significant funding to modernise Nigeria’s power infrastructure, aiming to boost electricity supply and fuel industrial growth. Minister of Power Adebayo Adelabu announced approval of four key projects, including a N13 billion compensation payout for the Lagos Transmission Industrial Project backed by a $238 million JICA loan. This…
