Economy

Latest Economy News

Gov Yusuf Disburses ₦50,000 Grants to 6,680 Women

Abba Kabir Yusuf has disbursed ₦50,000 each to 6,680 women across Kano State as part of an empowerment initiative. The programme aims to support women and strengthen household incomes. The…

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NNPC Reports Growth in Gas Output, Revenue Hits ₦2.68 Trillion

NNPC Limited has reported increased gas production and revenue in its February 2026 Monthly Report Summary. The company recorded crude oil and condensate production of 1.51 million barrels per day.…

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FG Targets 500,000 Jobs, Pushes Mining and Steel Production

The Federal Government has signaled a major shift toward unlocking Nigeria’s solid minerals sector. Officials say the country holds vast untapped solid minerals resources beyond oil, including gold, lithium, tin,…

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NCS, PEBEC Launch Reform Drive to Boost Trade

The Nigeria Customs Service (NCS), in partnership with the Presidential Enabling Business Environment Council, has launched a reform agenda to improve port operations and trade competitiveness. Officials unveiled the initiative…

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NITT Converts Zamfara Buses to Cargo Vehicles

The Nigerian Institute of Transport Technology (NITT), Zaria, has partnered with the Zamfara State Transport Express Company to convert passenger buses into cargo vehicles to strengthen logistics and transportation efficiency.…

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Nigeria Ranked Africa’s Most Cyber-Attacked Country – Report

Nigeria has emerged as the most cyber-attacked country in Africa, according to the February 2026 Global Threat Intelligence report by Check Point Software Technologies. The report reveals that organisations in…

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Nigeria, Saudi Arabia Move to Deepen Bilateral Ties

Bianca Odumegwu-Ojukwu has received the newly appointed Saudi Arabian Ambassador to Nigeria, Yousef Bin Mohammed Al-Balawi, as both countries explore avenues to strengthen bilateral relations. The meeting, held at the…

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NCAA Completes Readiness for PEL | MED Go-Live

The Nigeria Civil Aviation Authority (NCAA) has announced the successful completion of its institutional readiness process ahead of the PEL | MED Go-Live operationalisation. In a press release dated April…

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2026 Hajj: Sokoto Airport Set for Takeoff

The Federal Government has reaffirmed its commitment to make Sokoto State Hajj Airport fully operational ahead of the 2026 Hajj pilgrimage. Minister of Aviation and Aerospace Development, Festus Keyamo, gave…

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NCAA, Reps Strengthen Collaboration on Aviation Safety

The Nigeria Civil Aviation Authority and a House of Representatives committee have agreed to deepen collaboration. The partnership focuses on improving safety compliance across Nigeria’s aviation sector. The commitment was…

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FG Launches AfCFTA Payments Report to Boost MSME

The Federal Government has launched a report to enhance MSMEs’ access to the African Continental Free Trade Area market. The report focuses on cross-border digital payments and identity systems for…

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Economist Calls for Broad Reforms in Industry, Energy, Agriculture

Economist Paul Alaje has called for wider reforms across key sectors of Nigeria’s economy. Alaje said improving industrial output requires deliberate policies that support productivity and large-scale manufacturing growth. He…

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