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Category: Business

Nigeria Secures $60 Billion Investment for High-Speed Rail Network

ABUJA, NIGERIA – The Federal Government of Nigeria has reaffirmed its strong commitment to overhauling the nation’s transportation system with an ambitious plan to construct a 4,000km high-speed rail network. This monumental project aims to connect vital economic hubs across the country, significantly boost trade, and foster greater national unity. The Secretary to the Government of the …

FG Pushes Tech-Enabled, Youth-Driven Agribusiness to Boost Food Security in Nigeria

Abuja, Nigeria — The Federal Government is laying the groundwork for a major shift in Nigeria’s agricultural sector, aiming to modernize farming and enhance food security by empowering young people and women with technology. This initiative was highlighted by Senator Abubakar Kyari, the Minister of Agriculture and Food Security, during a recent high-level policy dialogue on …

Nigeria Set for Major Airport Overhaul with N987 Billion Infrastructure Boost

Abuja, Nigeria – Get ready for a major uplift in Nigeria’s aviation sector! The Federal Executive Council (FEC) has given its stamp of approval to contracts totaling a whopping N987 billion for extensive infrastructure upgrades across the nation’s airports. This monumental investment promises to transform air travel, enhance safety, and bring Nigerian airports up to international standards. Minister …

Nigeria’s Textile Sector Gets Boost as FG Plans Kaduna Factory Revival

Kaduna, Nigeria – In a major move poised to reignite Nigeria’s manufacturing sector, the Federal Government has unveiled concrete plans to revive the long-dormant Kaduna Textile Mill. Announced by the Secretary to the Government of the Federation (SGF), Senator George Akume, this initiative signals a powerful push towards national industrialization and economic diversification under President …

NEXIM and SMEDAN Partner to Boost Nigerian Small Businesses

Abuja, Nigeria – In a significant stride towards bolstering Nigeria’s vital small business sector, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) officially signed a Memorandum of Understanding (MoU) yesterday, July 18, 2025. This strategic alliance, forged at the SMEDAN Headquarters in Abuja, aims to drive inclusive economic …

CAC to Host Webinar Unveiling AI-Powered Intelligent Company Registration Portal (ICRP)

Abuja, Nigeria – The Corporate Affairs Commission (CAC) is set to host a pivotal webinar next week, inviting the public, accredited agents, and key stakeholders to gain an in-depth understanding of its revolutionary Intelligent Company Registration Portal (ICRP). This AI-powered innovation marks a significant leap forward in transforming the landscape of business registration in Nigeria, promising a …

Invest In Nigeria : Aliko Dangote’s Blueprint For National Prosperity

LAGOS, NIGERIA – July 16, 2025 – In a powerful and direct appeal, Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has urged wealthy Nigerians to prioritize investing in their homeland, emphasizing that it is the sole pathway to genuine national growth and sustainable development. His call comes amidst growing concerns about capital flight …

CAC Unveils Revolutionary AI-Driven Registration Portal for Nigerian Businesses

Port Harcourt, Rivers State – The Corporate Affairs Commission (CAC) has launched a groundbreaking Artificial Intelligence (AI)-powered registration portal, poised to significantly transform the ease of doing business in Nigeria. This new platform, a complete overhaul of the existing Company Registration Portal (CRP, was officially announced by the Registrar-General/CEO of the Corporate Affairs Commission, Hussaini Ishaq …

Afreximbank to Kickstart $5 Billion Textile Hub in Nigeria, Poised to Revitalize Industry and Create 250,000 Jobs

Abuja, Nigeria – In a significant boost to Nigeria’s industrialization drive, the African Export-Import Bank (Afreximbank) is set to commence construction of a $5 billion integrated textile industrial facility in Nigeria this July. This landmark project, announced by outgoing Afreximbank President Benedict Oramah, is a key component of the bank’s ambitious continent-wide industrialization strategy. The immense …

Unlocking Empire Building: A Masterclass in Business Partnerships at UBA House

Lagos, Nigeria – Get ready to redefine your understanding of business success! An extraordinary masterclass, promising insights into building formidable empires across diverse industries, is set to take place on July 10th, 2025, at 11:00 AM (WAT) at the prestigious UBA House, 57 Marina, Lagos. This isn’t your typical business event. It’s a unique opportunity to learn from industry titans …