Industry & Money
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132NSDC, BoI Vote ₦10b for Greenfield Project Development
The National Sugar Development Council (NSDC) and the Bank of Industry (BoI) have established the Sugar Project Acceleration Fund (SPAF) as part...
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732FG Rolls Out $750m Mini-Grid Solar Power Initiative.
The Federal Government is implementing what has been described as the largest publicly funded renewable electricity programme in the world, aimed at...
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558FG Eyes $10b Steel Market with Investment Push
The Federal Government has intensified efforts to reposition Nigeria as a continental industrial hub, with the Minister of Steel Development, Shuaibu Audu,...
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473TCN: Over $1.3b Transmission Projects Funded by Multilateral Agencies Ongoing Nationwide
The Transmission Company of Nigeria (TCN) has disclosed that transmission projects valued at over $1.3 billion and funded by multilateral development partners...
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371FEC Approves Asset Company to Fix Power Transmission
The Federal Executive Council has approved the establishment of a Grid Asset Management Company to address Nigeria’s persistent power transmission challenges. The...
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152Agric Turnover Hits ₦101.46tr on Investment Boost
Nigeria’s agriculture sector recorded a turnover of N101.46tn in 2025, up from N96.46tn in 2024, as annual real growth rose to 2.92...
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491NMDPRA Data Expose Weak Modular Refinery Contribution
Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025...
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463Tinubu Extends Raw Shea Nut Export Ban to Boost Local Processing, Value Addition
President Bola Tinubu has approved a one-year extension of the ban on raw shea nut exports, effective from February 26, 2026, to...
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223Nexim Bank Disbursed ₦108bn to Exporters in 2025
The Managing Director of the Nigerian Export-Import Bank (NEXIM), Abubakar Abba Bello, has disclosed that the Bank disbursed a total of N108...
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382Nigeria’s Oil Palm Production Rises to 1.57m Tonnes as Demand Hits 2.6m Tonnes
Data by the Council of Palm Oil Producing Countries (CPOPC) has revealed that Nigeria’s palm oil production increased from 1.28 million tonnes...
