PRESIDENT TINUBU

President Tinubu arrives in Brazil for a state visit

President Bola Tinubu has touched down in Brasília, Brazil, for an official state visit, according to presidential spokesperson Bayo Onanuga. The President arrived at the Brasília International Airport at 12:30 am on Monday, flying in from Los Angeles, USA. He was welcomed at the Brasília Air Base by top Brazilian officials, including Ambassador Carlos Sérgio…

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Dangote, Mitsui Chemicals Partner on Petrochemical Production in Nigeria

Dangote Industries has signed a Memorandum of Understanding (MoU) with Japan’s Mitsui Chemicals to establish a joint venture for petrochemical production in Nigeria. The deal will tap into feedstock from Dangote’s 650,000-barrel-per-day refinery in Lagos. According to Mitsui Chemicals, the partnership will involve transferring technology for the production of resins and fertilisers, leveraging Mitsui’s global…

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MAN Urges FG to prioritize local suppliers in Lagos Airport fencing project

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to prioritize indigenous manufacturers in the supply of materials for the Lagos airport perimeter fencing project, urging against the importation of Clear Vu fencing. In a statement, MAN applauded the government’s infrastructure drive but emphasized that the ongoing procurement for the Murtala Mohammed…

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FG Launches Phase 2 of Creative Economy Development Fund

The Federal Ministry of Art, Culture, Tourism, and the Creative Economy has launched Phase 2 of the Creative Economy Development Fund (CEDF), aimed at expanding funding opportunities across Nigeria’s vibrant creative sector. This phase targets businesses seeking up to $100,000 in funding and welcomes proposals from diverse industries including film, music, fashion, gaming, animation, literature,…

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Nigeria to use World funds for infrastructure, jobs, investment

Nigeria has pledged to direct World Bank support toward infrastructure development, job creation, and boosting private sector investment, in line with its economic reform agenda. Finance Minister and Coordinating Minister of the Economy, Wale Edun, made the commitment during a strategic meeting with Mrs. Zainab Shamsuna Ahmed, Executive Director for the Angola, Nigeria, and South…

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DISCOs’ revenue hits N1.132 trillion despite worsening power supply, consumer outcry

Despite widespread complaints over erratic electricity supply and questionable billing, Nigeria’s power Distribution Companies (DISCOs) recorded a 39.7% increase in revenue, rising from ₦810.86 billion in 2024 to ₦1.132 trillion in the first half of 2025. Monthly Revenue Breakdown (2025): This surge comes as consumers lament poor supply, estimated billing, and increasing dependence on alternative…

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Flood Relief: 458 Mokwa Households Compensated with Cash, Food — LG

Mokwa Local Government has confirmed that 458 households affected by the May 2025 flood disaster have received compensation in cash and food supplies. Alhaji Dauda Liman, Secretary of Mokwa LGA and the Relief Distribution Committee, revealed that each affected household received ₦1 million and raw food items donated by the federal and state governments, alongside…

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