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…
Abia State Governor, Alex Otti, has expressed his willingness to enter into strategic economic partnerships with the government of Delaware in the United States to accelerate growth and development in the state. This was disclosed in a statement issued on Saturday by the governor’s Chief Press Secretary, Ukoha Njoku, following a meeting between Governor Otti…
President Bola Ahmed Tinubu said on Thursday in Abuja that his administration is laying the groundwork for a vibrant digital workforce that will propel Nigeria’s next phase of economic growth and shared prosperity. Speaking through the Secretary to the Government of the Federation, Senator George Akume, at the State House Conference Centre during the 3…
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…
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…
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…
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…
The African Export-Import Bank has launched a $1 billion Africa Film Fund to revolutionise the film and creative industry in the continent. The development comes after the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed that the bank has already raised $19bn for the take-off of the Africa Energy Bank in Abuja. The…
.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…
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…
