Economy, markets, finance, CBN policy, energy, and industry.
In Jigawa State, the agricultural narrative is shifting as modern farming tools and practices take center stage under the guidance of Governor Namadi. This transformation aims to empower local farmers by moving beyond traditional reliance on government-supplied tractors.
The contrasting leadership styles of industrialists like Aliko Dangote and tech innovators such as Elon Musk highlight the need for diverse business ecosystems in Africa. To harness this potential, governments must foster an environment conducive to the success of both sectors.
President Bola Tinubu has announced a marked reduction in oil theft, attributing the improvement to ongoing efforts in the oil sector. This development, he claims, is pivotal for revitalizing Nigeria's economy and securing energy resources.
President Bola Tinubu has announced that Nigeria's economy is expected to grow by more than 4% by 2026, driven by advancements in both oil and non-oil sectors. This growth is attributed to a combination of improved foreign exchange stability, reduced inflation, and a boost in non-oil exports.
The Naira has shown signs of improvement, appreciating to N1,370 per dollar in the parallel market, with official rates also reflecting a positive trend. This shift indicates a narrowing gap between the parallel and official exchange rates, providing a glimmer of hope for the Nigerian economy.
In the first half of 2026, Nigeria spent approximately N183.5 billion on cane sugar imports, revealing a staggering 97% reliance on foreign sugar sources. Niger State Governor Umar Bago emphasizes the untapped potential for local sugar production, calling for a shift towards domestic cultivation.
Former President Olusegun Obasanjo has alleged that French multinational Lafarge has continuously obstructed Aliko Dangote's efforts to expand his cement production across Africa. The claims highlight ongoing tensions between the two companies in the cement industry.
Tanzania has announced the removal of Nigeria from its referral visa category, a move that reflects recent amendments to its immigration regulations. This decision is expected to ease travel for Nigerians seeking to visit the East African nation.
The Federal Government has commenced the construction of a new National Control Centre in Osogbo, replacing a facility that has served for over six decades. This initiative aims to bolster the monitoring and reliability of Nigeria's electricity grid amidst ongoing challenges in the sector.
Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are poised to inaugurate a $16 billion oil refinery in Lamu, Kenya, despite ongoing protests related to land acquisition and environmental issues. The project faces significant legal challenges that could impact its future operations.
An Indian hospital has sparked controversy by using images of Nigeria's former Head of State and Vice President Kashim Shettima in promotional materials aimed at international patients. This unconventional marketing strategy raises questions about ethical practices in medical advertising.
Business magnate Aliko Dangote shares insights into his grandson's career choices, highlighting a desire for broader experience before joining the family empire. The young electrical engineer aims to gain valuable insights from leading multinational consultancies.
