News
NIMC To Track Illegal Operations In Solid Minerals Sector-Alake
1+ day, 1+ hour ago (473+ words) The Minister of Solid Minerals Development, Dr Dele Alake, says partnership with National Identity Management Commission (NIMC) will help in tracking operations in the solid minerals sector. Alake stated this when he received a delegation of NIMC led by the…...
Nigeria Seeks Inclusive Global Intellectual Property System For Economic Development
1+ week, 5+ day ago (283+ words) The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in a statement by Mrs Augustina Duru-Obilor, Head, Press and Public Relations of the ministry on Tuesday in Abuja. Oduwole spoke during the opening of the 68th Assemblies of…...
Global Growth To Decline To 2.5% In 2026 Over Middle East Crisis — World Bank
1+ mon, 1+ week ago (737+ words) The World Bank’s latest Global Economic Prospects report says the ongoing conflict in the Middle-East is expected to slow global economic growth to its lowest level since the COVID-19 pandemic. A statement from the bank’s Online Media Briefing Centre on…...
Nigeria Targets 2.5mbpd Oil Output – Lokpobiri
1+ mon, 1+ week ago (471+ words) The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria’s is targeting a crude oil production output of 2.5 million barrels per day (mbpd). Lokpobiri said this on Wednesday in Abuja at the 2026 Management Retreat of the Ministry…...
Lower Business Costs, Strengthened Exports, Security Key To Nigeria’s Economic Growth – Olashore
1+ mon, 1+ week ago (832+ words) The Nigerian British Chamber of Commerce (NBCC) says Nigeria must significantly reduce cost of doing business, improve security and strengthen its export infrastructure to unlock its manufacturing, agro-processing and small businesses’ potential. Mr Abimbola Olashore, President, NBCC, said this on…...
Nigeria First Policy Will Boost Job Creation, Stimulate Industrial Growth -FG
1+ mon, 4+ week ago (369+ words) The Federal Government has reiterated that the implementation of the Nigeria First Policy in the automobile sector will create jobs, attract investments and boost local manufacturing. The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, said this after the…...
Nigeria Targets 7% GDP Growth, $14bn Annual Infrastructure Investment — Edun
3+ mon, 3+ week ago (400+ words) The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria is targeting a seven per cent annual Gross Domestic Product (GDP) growth rate. Edun also said the country requires about 14 billion dollars in annual investment…...
Sustainable Livestock Systems Key To Economic Growth, Food Security — Minister
3+ mon, 3+ week ago (362+ words) The Minister of Livestock Development, Alhaji Mukhtar Maiha, says strengthening animal welfare standards and adoption of sustainable livestock production systems will boost Nigeria’s food security and economic growth. Maiha stated this at a conference on animal welfare and sustainable animal…...
Nigeria’s Inflation Rate Eases To 15.06% In February – NBS
4+ mon, 4+ day ago (917+ words) The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for February 2026, released in Abuja on Monday. According to the report, the February headline inflation showed a decrease of 0.04 per cent compared to the 15.10 per cent recorded…...
Sustained Inflation Decline Informed MPR Reduction To 26.50% — Cardoso
4+ mon, 3+ week ago (494+ words) The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis points was partly informed by sustained deceleration in year-on-year inflation. The CBN Governor, Yemi Cardoso, said this on Tuesday in Abuja while…...