Industry & Money
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279FG Lists ₦1tr MOFI Real Estate Fund on NGX
The federal government on Tuesday listed the N1 trillion Managed Real Estate Investment Fund (MREIF) Series 2, managed by the Ministry of...
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167Steel, Defence Ministries Partner on Local Arms Production
In a major step towards achieving self-sufficiency in defence manufacturing and reviving Nigeria’s moribund steel industry, two federal ministries have signed a...
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163NACCIMA, China to Strengthen Industrial, Technological Relations
As part of its ongoing trade and investment mission to China, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture...
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206FG to Launch Two New Investment Funds for Nigerian Startups
The Federal Government, through its Investment in Digital and Creative Enterprises (iDICE) programme, has announced plans to introduce two additional funds in...
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161FG Unveils Africa’s Largest Fibre Optic Factory, Backs Local Tech Growth
Nigeria has taken a major leap in digital infrastructure with the commissioning of Africa’s largest fibre optic cable factory and the continent’s...
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149Crude Earnings Plunge by 43%
Nigeria’s gross profit from crude oil and gas sales plunged by N824.66bn in 2024 despite a rebound in oil production, figures from...
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142
Nigeria Set for Oil Output Surge, Says NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has expressed optimism that Nigeria’s crude oil output will soon...
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163FG Unveils Outgrowers’ Programme for Sugar Production
The National Sugar Development Council (NSDC) has unveiled the Sugarcane Outgrower Development Programme, a flagship initiative aimed at boosting local sugar production...
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1.0KTelecom Subscribers Hit 173m –NCC
Nigeria’s telecommunications industry continued its steady expansion in the third quarter of 2025, as active telephone subscriptions climbed to 173.54 million in...
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122Stop Exporting Crude, OPEC tells Nigerian Producers
The Chairman of the OPEC Board of Governors for 2025 has called on Nigerian oil producers to prioritise domestic refining and value...
