The Nigerian National Petroleum Company Limited (NNPC) says reforms in the oil and gas sector have increased Nigeria’s crude oil production by 600,000 barrels per
Category: Business & Economy
Ikpeazu seeks Spanish technology for Nigeria’s footwear industry
Nigeria is exploring strategic partnerships with Spain’s footwear industry to modernise local shoe manufacturing, facilitate technology transfer and improve the competitiveness of Nigerian products in
Experts urge Nigeria to target 10% economic growth
Nigeria must move beyond its current economic growth rate of about 4.5 per cent and pursue a more ambitious 10 per cent target to tackle
Shettima: Innovation, Enterprise key to $1tn economy
Vice-President Kashim Shettima has said Nigeria’s ambition to build a $1 trillion economy depends on productive enterprise, investment, innovation and the ability of citizens to
UK, FSD Africa commit $335,000 to women-owned businesses
The United Kingdom Government and FSD Africa have committed $335,000 to establish an investment network aimed at mobilising $2.7 million in local capital for women-led
AFD, BOI sign $30m deal to fund creative sector
The French Development Agency (AFD) and the Bank of Industry (BOI) have signed a $30 million financing agreement to expand access to credit for Nigeria’s
ECOWAS targets 35% regional trade through e-commerce
The Economic Community of West African States (ECOWAS) has identified e-commerce as a key driver of regional economic integration, targeting an increase in intra-regional trade
Customs to host major border security, trade conferences in Abuja
The Nigeria Customs Service (NCS) will host two major conferences in Abuja in December 2026 to strengthen border security, facilitate legitimate trade and advance economic
Nigeria woos Korean investors, highlights youth development
Nigeria has called on South Korean companies to increase investments in manufacturing, agriculture, technology and shipbuilding to boost local production, create jobs and accelerate economic
China, Nigeria seek film industry deal
Nigeria and China are exploring billion-dollar opportunities in the film industry through co-production, technology transfer and cross-border distribution, as stakeholders seek to turn growing cultural
