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Stellar Steel to invest $450 million in Ogun, operations to start by mid-2026

October 23, 2025

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Elumelu calls for better governance to attract investment across Africa

October 13, 2025

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Business and economic news from Nigeria and around the world.

Remittance flows to LMICs to decline by over 14% in 2021 – KNOMAD report

by Johnson Uche

KNOMAD Report reveals that remittances to the low and middle-income countries (LMICs) would decline by over 14% by the end...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

President Buhari bars religious leaders from Christmas homage

by Abiola Odutola

President Buhari bars usual Christmas homage by religious and community leaders.

Lagos dismisses levy on audio and visual contents, suspends LSFVCB boss, Lagos SEC meeting goes virtual as full lockdown commences, Partial lockdown guidelines for businesses from May 4, Nigeria @ 60: Lagos State Government opts for a low-key celebration of the Independence Day

Lagos warn against unlawful ownership transfer of state housing units

by Chike Olisah

The Lagos State Government has warned against the indiscriminate transfer or sale of allocated homes without valid certification.

Solar, FG to slash import duties on tractors, buses, others in 2020 Finance Bill, Nigeria will not issue Eurobonds, says Vice President Yemi Osinbajo, FG guarantees mortgage loan to low income buyers at low interest rate, FG inaugurates gold refinery project in a landmark event

Osinbajo reveals that 300,000 Nigerians have already benefited from FG’s Survival Fund

by Omokolade Ajayi

Osinbajo has disclosed that over 300,000 Nigerians have benefited from different extentions of the Survival Fund.

ASUU: Non-Academic university unions threaten to continue strike

Non-Academic unions of tertiary institutions have threatened to continue their strike over the sharing formula of the N40billion EAA.

FG approves N6.28 billion for 24-month repair works on Third Mainland Bridge

Federal Executive Council approves N8.1 billion for roads rehabilitation in 10 states

by Chidi Emenike

The Federal Government has approved the spending of N8.1 million for road rehabilitation in 10 selected states in Nigeria.

NIMC debunks reports of breach of its database

NIMC has denied news of a breach of the National identity database.

A-29 Super Tucano aircraft to be delivered in Q2 2021 – Nigerian Air Force

NAF has disclosed that it is ready to receive the A-29 Super Tucano aircraft, expected to arrive in the second...

AfCFTA: Trade Minister advises Nigerian businesses to take opportunity of agreement

The Minister of Trade has urged Nigerian businesses to take advantage of the opportunity to key into the benefits of...

FG records N6 trillion loss across sectors due to Lagos gridlock