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The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are strengthening their partnership with China to enhance Nigeria’s capital market as a hub for cross-border investments. This move aims to position Nigeria as a strategic platform for investment flows between Nigeria and China. Key Highlights – *Deepening Capital Market Partnerships*: NGX Group’s […]

Smart farming, also known as precision agriculture, has been proposed as a key solution to address food insecurity in Nigeria. This was a major takeaway from the maiden edition of the Smart Agri-Tech Summit, organized by Smart Farm Initiative. The summit’s theme, “The Future of Smart Farming: Embracing Technology for Sustainable Agriculture,” highlighted the importance […]

Aliko Dangote, President of the Dangote Group and founder of the $20 billion Dangote Petroleum Refinery, has hinted at a significant transformation in Nigeria’s downstream oil sector. He described the upcoming move as a “major shakedown,” not related to fuel price cuts, but rather a complete restructuring of the sector. Speaking after President Bola Tinubu’s […]

Olori Solape Christianah Abolarin, the wife of the Orangun of Oke-Ila, Oba Adedokun Abolarin, has passed away. As of Tuesday afternoon, the exact circumstances of her death were not yet known. Osun State Governor, Ademola Adeleke, expressed deep sorrow over her passing in a statement released by his spokesperson, Olawale Rasheed. The governor described Olori […]

On Saturday, May 31st, 2025, the city of Lagos pulsed with excitement as Sports Beat on Jordan 105.5 FM hosted its unforgettable Sports Fans Hangout/UEFA Champions League Final Watch Party, a vibrant spectacle of passion, play, and pure football bliss. The day kicked off with an electrifying novelty football match that brought out the competitive […]

The Federal Government has launched a bold initiative to train 100,000 Nigerian artisans in 2025 under the newly unveiled Skill-Up Artisan Super Programme. Spearheaded by the Industrial Training Fund (ITF), the programme aims to align Nigerian artisans with international standards and eliminate quack practices in vocational fields. A Push for Global-Standard Skilled Labour   Speaking […]

In a bid to alleviate poverty and support small-scale entrepreneurs, the Lagos State Government has begun disbursing ₦1.6 billion to vulnerable residents, including petty traders and indigent citizens. The initiative is part of the state’s broader commitment to economic inclusion and grassroots empowerment. 250 Beneficiaries Receive Cheques in First Phase   At a cheque presentation […]

The Nigerian Presidency is taking decisive steps to resolve a major financial bottleneck in the power sector by aiming to clear a N2 trillion debt owed to electricity generation companies (GenCos) by the third quarter of 2025. A Strategic Move Toward Energy Sector Stability   Speaking at the NESI Stakeholders Meeting, Eriye Onagoruwa—representing the Special […]

Nigeria’s economic stability is under fresh pressure as the country’s external reserves dropped to $37.9 billion by April 2025, a 5.91% decline from $40.88 billion in January. The decline is largely driven by falling global crude oil prices and volatile production levels. Key Economic Indicators:   Crude oil prices fell sharply by 16.74%, from $73.29 […]

In a bold move to tackle Nigeria’s housing deficit, the Federal Government has unveiled plans to construct 77,400 social housing units under the Renewed Hope Agenda. The project, announced by the Minister of State for Housing and Urban Development, Yusuf Ata, aims to provide accessible and affordable housing across all 774 local government areas in […]