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Federal Government Approves $1.07 Billion and N4.8 Billion for Healthcare Reforms, Signaling Major Boost to Nigeria’s Health Sector

Abuja, Nigeria – In a landmark decision aimed at revitalizing Nigeria’s healthcare system, the Federal Executive Council (FEC) has approved a total of $1.07 billion in financing for healthcare sector reforms under the Human Capital Opportunities for Prosperity and Equity (HOPE) program, alongside a N4.8 billion allocation for HIV treatment. The announcement, made by the Minister …

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LEAP Africa Youth Leadership Development Programme 2025: Empowering Young Changemakers in Nigeria

Applications are now open for the 2025 LEAP Africa Youth Leadership Development Programme (YLDP), a transformative initiative designed to equip young Nigerians with the skills, knowledge, and resources needed to lead and drive meaningful change in their communities and the nation at large. The application deadline is March 14, 2025, so don’t miss this opportunity …

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Nigeria’s E-Payment Revolution: Transactions Hit N1.07 Quadrillion in 2024

Nigeria’s digital payment landscape has exploded in 2024, with electronic transactions reaching a record-breaking N1.07 quadrillion, equivalent to approximately $702.6 billion. This monumental figure, based on a N1,535/$1 exchange rate as of December 31, 2024, marks the first time the nation has crossed the quadrillion naira threshold in e-payments. Data released by the Nigeria Inter-Bank …

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Shell Nigeria Student Industrial Training and Internship Programme 2025: A Gateway to Professional Growth for Nigerian Students

Applications are now open for the 2025 Shell Nigeria Student Industrial Training and Internship Programme, offering Nigerian students in higher institutions a unique opportunity to gain hands-on work experience in one of the world’s leading energy companies. This programme is designed to bridge the gap between academic learning and real-world industry practices, equipping students with …

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Nigeria joins BRICS as Partner Country 

Nigeria has officially joined BRICS as a partner country, as confirmed by Brazil’s Foreign Ministry on January 17, 2025. This move, established at the 16th BRICS Summit in October 2024, aligns with the shared goals of strengthening cooperation among Global South nations and advocating for reforms in international organizations. Nigeria joins eight other partner countries: …

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Nigeria Rises to Second in Africa’s 2024 Hotel Development Rankings

Nigeria has climbed to second place in Africa’s 2024 Hotel Development Rankings by room numbers, boasting 7,622 rooms across 50 hotels. This surge is driven by significant developments from major global hotel chains such as Hilton, Radisson, Marriott International, and Leva Hotels, with Lagos leading the expansion with five new hotel deals. Egypt maintains its …

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Nigeria’s 2024 Crude Oil Production Reaches 566 Million Barrels, NUPRC Data Reveals

Nigeria’s crude oil and condensate production in 2024 totaled 566.8 million barrels, according to data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC). Nairametrics calculations, based on the NUPRC’s Crude Oil and Condensate Production Report for 2024, confirm a total output of 566,794,493 barrels. Key Highlights: Key Takeaways: Despite a strong finish to the year, …

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Soaring Costs of Fibroid Treatment Burden Nigerian Women

The cost of treating uterine fibroids in Nigeria has skyrocketed, placing a significant financial strain on women battling this common condition. Treatment options now range from N700,000 for open surgeries in public hospitals to a staggering N3 million for non-invasive procedures in private facilities. This surge in cost, coupled with rising inflation and a struggling …

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U.S. and Nigeria Partner to Expand Broadband Access with $2 Million Grant

In a significant move to boost Nigeria’s digital infrastructure, the U.S. and Nigerian governments have signed a $2,095,000 grant to assess the feasibility of deploying at least 90,000 kilometers of new fiber optic backbone infrastructure across the country. The announcement was made during the inaugural U.S.-Nigeria Technology Dialogue held in Washington, D.C., on January 10, …

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