The National Coordinator and CEO of the National Social Investment Programme Agency (NSIPA), Associate Professor Badamasi Lawal, PhD, has announced that the Agency is set to kick-start several key social investment Programmes, including the Government Enterprise and Empowerment Programme (GEEP),…
ExxonMobil To Invest $1.5Billion in Nigeria’s Deepwater Oilfields
ExxonMobil is set to invest $1.5 billion in its deepwater operations in Nigeria between the second quarter of 2025 and 2027. The investment will primarily focus on revitalizing production at the Usan deepwater oilfield, located offshore in the eastern Niger…
MSMEs converge for economic growth, stability
Stakeholders in the Micro, Small and Medium Enterprises (MSMEs) sector on Tuesday converged to discuss progress and challenges. The News Agency of Nigeria (NAN) reports that the stakeholders gathered at the 2025 MSME Fair, organised by the Nigeria Employers’…
NRC witnesses surge in 2025 contract bids with 803 applications
The Nigerian Railway Corporation (NRC) says 803 firms have submitted applications for its 2025 contract bids as against 524 firms that applied in 2024. The Managing Director of the NRC, Dr Kayode Opeifa, said this at the 2025 Bid Opening…
Axxela Retains Gold Medal in 2025 EcoVadis Sustainability Rating
Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has retained its Gold Medal in the 2025 EcoVadis Sustainability Rating, reaffirming its position as a trailblazer in sustainable business practices. This recognition places Axxela in the top…
‘Alarming’ Slowdown in Human Development – Could AI Provide Answers?
The progress of human development – as measured by people’s freedoms and well-being – has remained sluggish since the major shock of the COVID-19 pandemic. A UN study released on Tuesday finds that used in the right way, artificial intelligence…
124 Mini-Grids, 25,000 Solar Homes: Nigeria’s Lawmakers Push Clean Energy Legislation to Scale Impact
In a powerful display of legislative resolve and forward-thinking leadership, Nigeria’s House of Representatives has placed renewable energy squarely at the center of national development efforts—backed by action, not just rhetoric. At the opening of the First Legislative Conference and…
Sanwo-Olu Flags off Strategic Rural Road Project in Ikorodu to Boost Access, Trade
In a decisive move to strengthen infrastructure and uplift rural communities in Lagos State, Governor Babajide Olusola Sanwo-Olu has officially flagged off the construction of the Monsuru-Egbeyemi/Alhaja-Agbaje Street Road in Ikorodu Local Government Area of the State. Speaking today at…
Dangote Packaging Increases Output, Eyes African Export Boom
Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in the two manufacturing plants. Chairman of DPL’s Board of Directors, Mr Robert Ade-Odiachi,…
$122BN Power Boost: Tinubu Approves National Integrated Electricity Policy
President Bola Tinubu has given the green light to a comprehensive plan aimed at transforming Nigeria’s power sector. The National Integrated Electricity Policy, approved at the Federal Executive Council meeting on Monday, is designed to attract $122.2 billion in investments…