Nigeria’s Carbon Market Activation Policy is set to unlock $2.5 billion by 2030, boosting green investments and positioning the country as Africa’s climate finance hub. Learn more about President Tinubu’s Energy Transition Plan and Nigeria’s net-zero goals.
Introduction In recent months, Nigerians have increasingly turned to locally-made products as the soaring cost of imported goods, driven by currency depreciation and economic pressures, forces a shift in consumer behavior. What was once a matter of preference has now become a necessity, with households adapting to tighter budgets by embracing homegrown alternatives. This trend …
Nigeria, Africa’s largest economy, is a dynamic and diverse market with several key sectors driving growth and development. From oil and gas to agriculture, fintech, and manufacturing, each industry plays a crucial role in shaping the nation’s economic landscape. In this edition of Tuesday Trends, we explore the latest developments, challenges, and opportunities in Nigeria’s …
Nigeria’s startup ecosystem is no longer the “next big thing”—it’s happening now. From fintech disruptors to agritech innovators, the country is fast becoming the Silicon Valley of Africa. But navigating this dynamic space requires more than just ambition—it calls for insight, timing, and a keen eye for opportunity. Welcome to this week’s edition of Thursday …
The Federal Government has officially approved the creation of the Lagos International Financial Centre (LIFC), a landmark project aimed at establishing Nigeria as a premier global financial hub. The initiative underscores the government’s dedication to macroeconomic stability, investment mobilization, and financial sector reforms, according to a statement by Mohammed Manga, Director of Information and Public …
Federal Government Launches Free IT Training Program to Fill Two Million Job Vacancies In a bold move to address the growing skills gap in Nigeria’s Information Technology (IT) sector, the Federal Government has announced a comprehensive six-month free training program for youths. This initiative, approved by President Bola Ahmed Tinubu, is part of a broader …
Nigeria and Brazil Seal $1.1 Billion Green Imperative Project to Revolutionize Agriculture and Boost Food Security In a landmark move to transform Nigeria’s agricultural sector, the Nigerian government, in collaboration with Brazil, has signed the commercial phase of the $1.1 billion Green Imperative Project (GIP). The agreement, finalized on Monday at the Presidential Villa in …
In a landmark move to transform Nigeria’s creative and tourism industries, the Federal Ministry of Art, Culture, Tourism, and Creative Economy, under the leadership of Honourable Minister Hannatu Musawa, has announced the approval of two groundbreaking initiatives by the Federal Executive Council (FEC). The Creative & Tourism Infrastructure Corporation (CTICo) and the Creative Leap Acceleration …
The Nigerian Export Promotion Council (NEPC) has announced a significant milestone in the country’s trade performance, revealing that Nigeria’s non-oil exports reached $5.45 billion in 2024. This marks a 20.7% increase in value compared to previous years, with the total trade volume for the year standing at 7.2 metric tons. The announcement was made by …
Nigeria is poised to make history in the beauty and retail sectors as The Body Shop, the iconic UK-based ethical skincare and cosmetics brand, prepares to launch its first-ever store in the country. This groundbreaking move represents the brand’s inaugural physical presence in West Africa, expanding its global reach while bringing its beloved products directly …
