Nigeria is at the centre of two major global initiatives that promise real benefits for citizens — a $1 billion World Bank job creation loan and fresh climate investment opportunities under the COP30 framework. Both initiatives have the potential to create jobs, expand businesses, and open
Nigeria has taken a bold step towards digital transformation and economic independence with the commissioning of Africa’s largest fibre optic cable factory and the continent’s first fibre-reinforced plastic manufacturing facility. Built by Coleman Technical Industries Limited in Sagamu, Ogun State, this development strengthens Nigeria’s competitiveness under the African
The United Nations Industrial Development Organisation (UNIDO) has introduced a groundbreaking Programme for Country Partnership (PCP) in Nigeria, valued at US$175 million, to run from 2024 to 2028. The initiative aims to strengthen Nigeria’s industrial base, support Micro, Small and Medium Enterprises (MSMEs), expand value chains, and promote clean energy and digital
The African Development Bank (AfDB) has announced a $500 million loan to Nigeria as part of a broader $1 billion programme aimed at supporting economic and power sector reforms. The funding is designed to strengthen the government’s budget, promote infrastructure development, and boost energy supply across the country. According to AfDB executives, the loan reflects
President Bola Tinubu President Bola Tinubu has called on the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and other stakeholders to establish an endowment fund for the newly renovated National Theatre, now renamed the Wole Soyinka Centre for Culture and Creative Arts. The President made this appeal in Lagos during the official reopening of […]
Vice President Kashim Shettima. The Federal Government has introduced a set of agricultural reforms and incentives aimed at creating 21 million jobs and reducing Nigeria’s dependence on food imports. The announcement was made on Tuesday during the Food and Agriculture Organisation’s (FAO) National and Subregional Hand-in-Hand Investment Forum in Abuja. Vice President
NADDC’s Director-General, Joseph Osanipin. The National Automotive Design and Development Council (NADDC) has trained over 15,000 technicians through its Mechatronics Programme for Tricycle and Motorcycle Repair and Maintenance. The initiative is aimed at closing Nigeria’s automotive skills gap, creating jobs, and preparing technicians for the future of mobility. At
APM Terminals Apapa, Nigeria’s largest container terminal, has launched the Female Mechanic Technical Skills Programme, training 20 young women from its host communities in Lagos. The initiative, part of the company’s Corporate Social Responsibility (CSR), aims to equip women with technical skills that can open doors to employment and entrepreneurship in the male-dominated
The Lagos Chamber of Commerce and Industry (LCCI) The Lagos Chamber of Commerce and Industry (LCCI) has urged global investors to explore Nigeria’s vast opportunities in technology, agribusiness, renewable energy, and infrastructure. Speaking at the Invest Nigeria 2025 International Business Conference and Expo, LCCI President, Gabriel Idahosa, highlighted Nigeria’s
The United States government has once again pledged its support to help Nigeria achieve broad-based economic development and improve the lives of its citizens. This commitment was made during a high-level meeting held in Abuja between the US Consul General, Mr. Richard Swart, and Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. […]

















