The Federal Executive Council (FEC) has approved a combined ₦3.94 trillion for 25 major road projects across 10 states, alongside ₦286 billion for specialised maritime vessels to strengthen Nigeria’s port system.
President Bola Tinubu has commissioned the 40,000-metric-ton-per-day Benfruit Concentrate Plant in Makurdi, describing it as a major boost to Nigeria’s agricultural processing and industrialisation drive.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a ₦500 million zero-interest Grow Fund to support micro, small, and medium enterprises (MSMEs).
Nigeria’s Exports to East, Southern Africa Now N1trn
Nigeria’s exports to countries in Eastern and Southern Africa rose by 42.95 per cent to N1.03tn in the first quarter of 2026, underscoring the growing importance of intra-African trade and setting the stage for further expansion following...
'Nigeria Needs More Taxpayers, Not Higher Taxes'
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said Nigeria’s revenue challenge lies in expanding the tax net rather than increasing tax rates, stressing that the country needs more taxpayers, not higher...
