Dangote returns to Olokola, plans Nigeria’s largest industrial zone in Ondo
President of the Dangote Group, Aliko Dangote, has announced plans to return to the Olokola Free Trade Zone (OKFTZ) in Ondo State, more than a decade after shelving an earlier…
Lagos Multi-Sector Trade Fair: Govt highlights economic opportunities, urges collaboration for economic success
The Lagos State Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs Folashade Ambrose-Medebem, has highlighted the significance of the Lagos Multi-sector Trade Fair in an increasingly interconnected world, where economic…
Nigeria’s FX reserves surge to $50.11bn, highest in 17 years
Nigeria’s external reserves have climbed to $50.11 billion as of June 5, 2026, marking their highest level in 17 years, according to data from the Central Bank of Nigeria (CBN).…
FG, governors court investors at Invest Lagos 3.0 summit
President Bola Tinubu on Monday projected Lagos as Africa’s leading destination for business, innovation and economic growth, describing the state as the gateway to the continent’s economic future and a…
Finance ministry clears payments for 1,240 contractors, boosts business liquidity
The Federal Ministry of Finance has approved payments to more than 1,240 local contractors in a move aimed at boosting liquidity for businesses and reinforcing the Federal Government’s commitment to…
UAE banking giant First Abu Dhabi, Etihad to launch in Nigeria
The United Arab Emirates (UAE) has announced plans for First Abu Dhabi Bank (FAB), the country’s largest bank, to establish operations in Lagos, while Etihad Airways is set to begin…
IMPI defends Tinubu’s borrowing for infrastructure
The Independent Media and Policy Initiative (IMPI) has defended the borrowing policy of President Bola Tinubu’s administration, insisting that debt financing remains necessary to bridge Nigeria’s massive infrastructure deficit. In…
Tinubu welcomes $4.7bn France-Nigeria trade growth at Nairobi summit
President Bola Tinubu has welcomed the outcomes of the 10th France-Nigeria Business Council Meeting held during the Africa Forward Summit in Nairobi, Kenya, saying the partnership between both countries has…
Tinubu signs ₦68.32trn 2026 budget, extends 2025 capital implementation
President Bola Tinubu has signed into law the 2026 Appropriation Bill, approving a total expenditure of ₦68.32 trillion, while also assenting to a measure extending the implementation period of the…
Tinubu: New tax reforms to end poverty, boost prosperity
President Bola Tinubu has declared that Nigeria’s old, colonial-era tax laws contributed to widespread economic hardship, assuring that newly introduced reforms will create opportunities, boost investment, and drive inclusive prosperity.…
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