In a major step toward improving Nigeria’s dairy industry, the Federal Government and Nestlé Nigeria have launched a new initiative to train farmers and boost local milk production. This partnership was unveiled during the signing of a Letter of Intent between Nestlé and the Ministry of
Photo Credit: Innoson’s page on Facebook Innoson Vehicle Manufacturing (IVM), Nigeria’s leading indigenous automobile company, has revealed the price of its most affordable car model, giving hope to many Nigerians aspiring to own a personal vehicle. The company’s founder and CEO, Innocent Chukwuma, shared this update on social media, adding that the new
Stanbic IBTC Bank has partnered with Orange Corners Nigeria, an initiative of the Kingdom of the Netherlands, to support young entrepreneurs across the country. Orange Corners Nigeria is implemented locally by the Fate Foundation and has been active since 2019, providing training, mentorship, and access to funding for youth-led businesses. This partnership aims to
Amoke Oge, One of her Outlets. A Nigerian food vendor has shocked many by achieving over ₦2.3 billion in sales through Chowdeck, a local food delivery platform. This incredible milestone proves that digital platforms can open doors for small businesses, especially in the food sector. What started as a regular local hustle — likely with […]
Electric vehicle (EV) The Federal Government has approved plans by China to establish electric vehicle (EV) factories in Nigeria, a move set to boost local industry, create jobs, and promote cleaner energy use. This development was revealed by the Chinese Ambassador to Nigeria, Yu Dunhai, during his visit to the Minister of Solid Minerals Development, […]
ExxonMobil Foundation The ExxonMobil Foundation, in partnership with Junior Achievement Africa, has launched its 2025 STEM Africa Programme, aimed at empowering over 1,500 secondary school students across Nigeria, Angola, Namibia, and Mozambique. The initiative, launched in Abuja, Nigeria, is designed to build a generation of digitally skilled and innovative youth ready to
The Federal Government of Nigeria (FGN) has officially opened its Sovereign Sukuk 2025 Offer, giving Nigerians a chance to invest in a non-interest, ethical, and government-backed financial instrument. Sukuk is like a bond, but it complies with Islamic finance principles, making it free from interest and speculation. This is the 10th Sukuk issuance by the […]
The Federal Government of Nigeria has launched the Creative Economy Development Fund (CEDF) 2025, aimed at empowering young Nigerians in the creative and cultural industries. This initiative provides large-ticket funding of up to $100,000 to help creative businesses grow, expand production, and access new markets. This fund is part of the government’s broader
Marketing Analytics Africa is set to host a major summit aimed at empowering African brands and marketers with digital marketing strategies, data intelligence, and emerging technologies. The event, titled “Marketing in the New Economy: Data-Driven Success in Challenging Times,” will take place on May 24 in Lagos. About the AMTEC 2025 Conference The
The Lagos State Government has launched a new initiative to support Micro, Small, and Medium Enterprises (MSMEs) with access to affordable funding. In partnership with the Bank of Industry (BOI) and Sterling Bank, the state introduced the Lagos State–BOI–Sterling Bank MSME Access to Finance Scheme, also known as LASMECO. This scheme will give MSMEs access […]
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