SWEEP Foundation’s President and CEO, Ambassador Obuesi Phillips, emphasized the paradigm shift in viewing waste as a valuable resource rather than a burden. “We are at a critical juncture where…
Yobe State Unveils Mining Strategy to Boost Jobs, Industry Growth
Yobe State Launches Major Initiative to Transform Mining Sector Yobe State Government has taken a significant step toward diversifying its economy through a comprehensive mining development program, marked by a…
Economic Crisis: 60,000 Nigerian Bakeries Close Since 2019
Nigeria’s Baking Industry in Crisis: Over Half of Bakeries Shut Down Amid Economic Challenges The Nigerian bread-making sector is facing an unprecedented crisis, with more than 80,000 bakeries forced to…
Oil Workers Union PENGASSAN Pushes for Better Pension Benefits
Oil Industry Pension Crisis: PENGASSAN Raises Alarm Over Retirees’ Declining Benefits Nigerian oil and gas sector retirees are facing severe economic hardship as their pension values continue to deteriorate amid…
Ellah Lakes Plans Major Growth: N235bn Offer Funds Expansion Deal
The announcement represents a major development in Nigeria’s agribusiness sector, potentially setting the stage for increased agricultural productivity and processing capabilities in the country’s food production industry.
Nigerias External Reserves Rise 8.2% to $43.32bn in Annual Growth
Nigeria’s Foreign Reserves Hit $43.32 Billion, Marking Significant Year-on-Year Growth Nigeria’s international reserves reached a notable milestone of $43.32 billion as of November 6, 2025, representing an 8.2 percent increase…
CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts
CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts The Central Bank of Nigeria (CBN) has significantly expanded its monetary operations, successfully mopping up…
Nigeria Launches Digital Payment System with Historic Transaction
Nigeria Launches Revolutionary Digital Payment Platform with Successful First Transaction Nigeria’s financial technology sector marked a historic moment as the first live transaction was successfully processed through the National Payment…
Nigerias Power DisCos Deploy Over 70,000 New Meters in August
Nigeria Records Progress in Electricity Metering as DisCos Add Over 70,000 New Meters In a significant development for Nigeria’s power sector, electricity distribution companies (DisCos) successfully deployed 70,888 new meters…
