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News
Nigeria’s 5G connections rise 41% in one year
6+ day, 10+ hour ago (621+ words) Nigeria’s 5G adoption surged 41 per cent in the year to June 2026, signalling a gradual shift towards faster mobile networks as users move away from older technologies. Fifth-generation mobile technology delivers faster speeds, lower latency and greater capacity for connected devices. Still,…...
Nigeria moves to strengthen financial management in public sector
1+ week, 5+ hour ago (372+ words) The Executive Secretary of ACBF, Mamadou Biteye. Nigeria has joined efforts to strengthen public sector leadership and public financial management across Africa through a leadership development programme for senior officials involved in financial management reforms. The initiative, implemented by the…...
Nigeria targets $1tn economy as GDP growth rises to 4.43% – FG
1+ week, 6+ day ago (652+ words) The Federal Government has said Nigeria’s economy is gaining momentum towards achieving a $1tn Gross Domestic Product by 2030, following the 4.43 per cent growth recorded in the second quarter of 2026. The Federal Ministry of Finance stated this in a statement issued on…...
Moody’s positive outlook validates Tinubu’s reforms - FG
2+ week, 1+ day ago (546+ words) The Federal Government has described Moody’s Ratings’ decision to revise Nigeria’s sovereign credit outlook from stable to positive as an external validation of the economic reforms implemented by the President Bola Tinubu administration. Oyedele said the latest assessment by the…...
Banks Emerge as Key Financiers of Nigeria's Power Gap
2+ week, 6+ day ago (446+ words) Nigeria is increasingly looking to deposit money banks to help close a $20.5bn financing gap in the electricity sector as the Federal Government struggles to mobilise the capital required to expand reliable power supply and accelerate renewable energy deployment. The funding…...
Over 500 Stakeholders Gather In Ibadan As Farmdev Consult Redefines African Agriculture
1+ mon, 3+ hour ago (212+ words) Over five hundred agricultural stakeholders gathered on Saturday, July 18, 2026, as industry leaders, agripreneurs, policymakers, farmers, students and NYSC Agro-Allied CDS corps members packed the Zonta Multipurpose Hall in Jericho, Ibadan, for the Africa Agribusiness Summit 2026. Joining the summit virtually, Mrs....
Tinubu unveils framework to unlock $50bn offshore investment
1+ mon, 2+ day ago (364+ words) President Bola Tinubu on Tuesday approved a new set of reforms governing how foreign companies invest in Nigeria’s deep offshore oil and gas fields, replacing the old system where each company must negotiate its own separate deal with the Federal…...
Nigeria targets doubling livestock sector’s $32bn economic contribution — Tinubu
1+ mon, 3+ day ago (868+ words) President Bola Tinubu has said Nigeria is targeting more than doubling the livestock sector’s estimated $32bn annual contribution to the national economy as part of efforts to make the country a leading hub for livestock production and processing in Africa. Tinubu…...
Tinubu’s economy pushing homes, cars beyond reach — Atiku
1+ mon, 5+ day ago (845+ words) File: Former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar. Former Vice President Atiku Abubakar has accused the President Bola Tinubu-led government of worsening the purchasing power of Nigerians, saying households are increasingly unable to afford…...
PTDF Repositions for Tinubu's $1tn Economy Plan
1+ mon, 6+ day ago (770+ words) FILE: President Bola Tinubu The Petroleum Technology Development Fund says it is repositioning its human-capital development programmes to make a stronger contribution to Nigeria’s ambition of building a $1tn economy by 2030, with a renewed focus on domestic training, research, technology and…...