Budget Minister, stakeholders want inclusive, robust national statistical system

By Okeoghene Akubuike The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, has called for a robust, and inclusive national statistical system in Nigeria. Bagudu said this at the National Stakeholders’ Workshop on the Production of National Strategy for the Development of Statistics (NSDS) Phase III 2024-2028 in AbujaContinue Reading

Lagos secures .35bn investment for infrastructure projects from Afreximbank

    By Florence Onuegbu The Lagos State Government has sealed $1.35 billion investment deal with the African Export-Import Bank (Afreximbank) and Access Bank to boost infrastructure in the state. Speaking at the second AfriCaribbean Trade and Investment Forum (ACTIF) in GeorgeTown, Guyana, Gov. Babajide Sanwo-Olu of Lagos State, saidContinue Reading

No plan to redenominate Naira – CBN

By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says it has no be plans to redenominate Nigeria’s legal tender, the Naira. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this known in a statement on Tuesday in Abuja. The News Agency of Nigeria (NAN) reports that there had beenContinue Reading

Opportunities abound in Africa, Caribbean relationship – Gov. Sanwo-Olu

    Gov. Babajide Sanwo-Olu of Lagos State says opportunities abound in the Africa-Caribbean relationship being fostered through the African Export Import Bank ( Afreximbank) AfriCaribbean Trade and Investment Forum (ACTIF). Sanwo-Olu spoke to the media on the sideline of the 2nd AfriCaribbean Trade and Investment Forum (ACTIF2023), being hostedContinue Reading

  By Chiazo Ogbolu The Federal Government has adopted the International Maritime Organisation (IMO) guidelines to prevent the menace caused by ship biofouling in waterways. Dr Bashir Jamoh, the Director-General, the Nigerian Maritime Administration and Safety Agency (NIMASA), said this at NIMASA and the Maritime Technology Cooperation Centres (MTCC) AfricaContinue Reading

AfDB, partners inject bn to fund Nigeria’s SAPZs

By Salisu Sani-Idris African Development Bank (AfDB), Islamic Development Bank (IsDB) and the International Fund for Agricultural Development have voted $1billion to deliver Special Agro-industrial Processing Zones (SAPZs) across 24 states in Nigeria. This is in addition to an initial $520 million voted by the development partners for the developmentContinue Reading