October 20, 2026
Home Archive by category Economy

Economy

Economy News
… Seeks Continental Cooperation At Second Africa Raw Materials Summit   By Daniel Adaji   The Minister of Innovation, Science and Technology, Dr. Kingsley Tochukwu Udeh, SAN, has said Africa can create jobs, attract investments and accelerate industrialisation by processing its raw materials locally rather than exporting them in their unprocessed forms. Continue Reading
Economy
Key Points: FG spent N7.7trn on interest, exceeding N6.2trn revenue by 124% — World Bank. Interest up 37.5%, capital spending down to N700bn — 11 times less. Interest and salaries gulped 74% of FG’s total N16.1trn spending. Nigeria’s debt now N177trn, up from N67trn in 2021.   By Emmanuel Kwada The Federal Government spent N7.7tn […]Continue Reading
Economy News
By Emmanuel Kwada Forty women have begun a journey towards economic independence and sustainable livelihoods following their formal onboarding into a livelihood support programme under the Bridging the Gaps in Women’s Health and Well-being (BtG) Project in Makurdi, Benue State. The orientation and onboarding exercise, held at Eyah Hotel and Suites, was organised by Continue Reading
Economy News
…GIFSEP Empowers 90 Women in Benue Through Livelihood Support Programme   By Emmanuel Kwada The Global Initiative for Food Security and Ecosystem Preservation (GIFSEP) has onboarded 50 additional women in Katsina-Ala and Oju Local Government Areas of Benue State into a livelihood support programme aimed at strengthening household economic resilience and Continue Reading
Economy News
By Clement Omanibe, Abuja The Comptroller-General of Customs (CGC), Adewale Adeniyi, has signed the Standard Operating Procedure (SOP) for Conducting Internal Corruption Risk Analysis and Mapping (ICRAM), the ICRAM Handbook, and the Integrity Action Plan. He has also directed their immediate implementation across all zones, commands, and units of the Nigeria Customs Continue Reading
Economy News
By Chido Onumah The Federal Government is strengthening the connection between national security and food security through the AgriShield Initiative, led by the National Counter Terrorism Centre in the Office of the National Security Adviser, in partnership with TAG International. The Borno State pilot focuses on a concern that reaches every Nigerian household: farmers Continue Reading
Business Economy
…Charge young leaders to take control of continent’s narrative …Oramah: Dangote Refinery helping Africa ‘take back its mind’ …Amina Mohammed: Stop acting as recipients, start shaping global power By The Insight Aliko Dangote, Africa’s Industrial Pathfinder, and other prominent African leaders have challenged a new generation Continue Reading
Business Economy
Nigeria’s 28 Million-Unit Housing Deficit Emerges as a Major Driver of Property Investment, While Africa’s $17.6 Trillion Market Grows Nearly Twice as Fast as the Global Average Key Points: Nigeria leads Africa with $2.6 trillion real estate market, ahead of Egypt and South Africa. Africa’s property market growing at 5.58%, nearly double global 2.69% Continue Reading
Economy News
By Clement Omanibe, Abuja The Federal Government of Nigeria (FGN) and the National Assembly have reiterated their commitments to supporting the complementary roles of electricity regulators. This is with a view to ensuring effective transition to a multi-tier Nigerian electricity market. They expressed the commitment at a workshop in Abuja on ‘Legal, Policy and Continue Reading