World Bank Boosts Nigeria’s Agriculture with $500m
The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security.
The funding will support the Nigeria Sustainable Agricultural Value-Chains for Growth...
Power Sector Reforms Yield $2bn Investment, Slash Liabilities
The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain.
According to the government,...
FDI Lags Behind Amidst Surge in 2025 Capital Inflows
Foreign direct investment (FDI) accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase in overall foreign inflows, data from the National Bureau of Statistics has shown.
The...
Nigeria Loses N40trn Yearly to Blackouts - Report
Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power remains one of the biggest constraints to economic growth, industrial productivity,...
ICPC Keeps Watch on N21.23trn Works Ministry Projects to Curb Corruption
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that it monitored projects valued at over N21.23tn under the Federal Ministry of Works as part of efforts to prevent corruption and...
Nigeria earned $31.54bn from crude oil exports in 2025, according to the Central Bank of Nigeria’s Balance of Payments report, marking a 14.41% decline from $36.85bn in 2024.
