Lai Mohammed Urges Investment in Tourism to Boost Economy

Former Minister of Information and Culture, Alhaji Lai Mohammed, has called on federal and state governments to prioritise tourism development and strengthen public-private partnerships as a strategy for economic growth and diversification. Mohammed made the call during an interactive session at “Experience Olumo: Celebrating Heritage, Inspiring Tourism,” held at the Olumo Rock Tourist Complex in…

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FG considers sale of refineries to attract investment and boost efficiency

The Federal Government has indicated that it may consider selling Nigeria’s state-owned refineries as part of ongoing economic reform efforts aimed at attracting investment, enhancing competition, and improving operational efficiency in the downstream oil sector. Nigeria’s four refineries — located in Port Harcourt, Warri, and Kaduna — have a combined installed capacity of 445,000 barrels…

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Afreximbank backs ‘Investopedia’ to boost Nigeria’s infrastructure investment

Afreximbank has expressed strong support for Investopedia, a new digital investment platform launched by the Nigerian Governors’ Forum (NGF) to attract funding and bridge the country’s significant infrastructure gap. Speaking at the platform’s unveiling, Peter Olowononi, Director of Client Relations for Anglophone West Africa at Afreximbank, described Investopedia as a strategic tool designed to link…

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Tinubu inaugurates NNPCL board, tasks them to turn economy around

President Bola Tinubu has inaugurated the new board of the Nigerian National Petroleum Company Limited (NNPCL) and charged them to use their wealth of experience to turn the country’s economy around. President Bola Tinubu inaugurated the newly appointed board of the Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday in Abuja, tasking them with…

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UK economy grows above forecasts, but tariffs threaten progress

Britain’s economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump’s tariffs blitz took effect. The UK’s gross domestic product (GDP) grew by 0.7% between January and March, according to a statement from the Office for National Statistics (ONS). This…

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Elevate Lagos Cultural Economy through Creative expressions – Sanwo-Olu

.The Lagos State Governor ,Babajide Sanwo-Olu’s said his administration is actively working to elevate Lagos’s cultural economy. He gave the assurance during his visit to the QDance Center, a new creative hub in Lagos Island designed to nurture talent,enable performances, promote unique cultural expressions on a global stage. He said his administration’s efforts is committed…

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FG strengthens ties with world bank as economic reforms gain momentum

A high-level delegation from the World Bank, led by Ousmane Diagana, Vice President for Western and Central Africa, met on Monday with the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to reaffirm support for President Bola Tinubu’s economic reform agenda and development priorities. Diagana lauded Nigeria’s recent GDP growth of…

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