Federal Government Boosts Healthcare with Billion-Dollar Funding
The wheels of progress in Nigeria’s healthcare sector have just received a significant push, with the Federal Executive Council (FEC) greenlighting a substantial $1.07 billion...
Category : National
Lagos Achieves a GDP of $259 Billion, Ranking as Africa’s Second-Largest City Economy
Lagos State Solidifies Position as Africa’s Economic Powerhouse Lagos State has reinforced its status as one of Africa’s leading economic hubs, with its Gross Domestic...
President Tinubu endorses the hiring of 774 National Health Fellows to boost the healthcare system.
In a move that underscores the nation’s commitment to a stronger healthcare system, President Bola Tinubu has approved the employment of 774 National Health Fellows....
President Tinubu Endorses Dialysis Subsidy in 11 Hospitals and Cuts Treatment Cost from N50,000 to N12,000
In a significant boost for healthcare accessibility, President Bola Tinubu has approved a subsidy that dramatically reduces the cost of kidney dialysis in Nigeria. The...
Nigeria Increases Oil Production by 70,000 BPD Above OPEC Target
Nigeria Increases Oil Production by 70,000 BPD Above OPEC Target A Reuters survey has revealed that Nigeria is producing 70,000 barrels per day (bpd) more...
From Workshop to Sky, NASENI’s Made-in-Nigeria Helicopter Prepares for Maiden Flight.
Nigeria’s quest for technological self-reliance reached a pivotal milestone this week as the National Agency for Science and Engineering Infrastructure (NASENI) revealed that its inaugural...
Big 5 Construct Nigeria 2024 Summit to Foster Industry Collaboration
This year’s Big 5 Construct Nigeria conference will emphasize the importance of collaboration among construction professionals. According to the event organizers, the Big 5 Construct...
Nigeria holds the ninth position as an investment destination in Africa
Nigeria secured the position of the ninth most investable country in Africa for 2024, according to the latest RMB Where to Invest in Africa report....
Jumia connects 11,000 SMEs to consumers across Nigeria, others
Jumia, an e-commerce platform, said it has connected over 11,000 Small and Medium Enterprises, SMEs, to millions of consumers across Nigeria and other African Countries. According...
DBN shortlists 20 MSMEs for tech summit
In a bid to stimulate the growth of micro, small, and medium enterprises in Nigeria, the Development Bank of Nigeria has successfully shortlisted 20 tech...
Lagos State allocates N1bn Seed Fund for Startups
The Lagos State government under the leadership of Governor Babajide Sanwo-Olu of Lagos State has allocated N1 billion as a seed fund for startups to...
Lagos invests N20m in Naijabrand chick trade fair
The Lagos State Government has disclosed that it has invested N20m in the forthcoming Lagos State Tourism Naijabrand Chick Trade Fair to secure booths for...
FG raises N4.2 billion from Nigerian savings bonds in April 2024
The latest Federal Government of Nigeria Savings Bonds (FGNSB) have seen a hearty reception among investors, with total allotments for the April 2024 issuance reaching...
FG begins disbursement of N50,000 trade grant to Nigeria’s nano businesses
The Federal Government has announced the commencement of the disbursement of the N50,000 Presidential Conditional Grant Scheme, also known as Trade Grants Scheme, to nano...
The House of Representatives is conducting a probe into the cancellation of the Central Bank of Nigeria’s $2.4 billion forward contracts
The House of Representatives has directed its Committee on Small and Medium Size Enterprises (SMEs) to undertake a thorough investigation into the cancellation of forward...
Chinese, Nigerian firms sign $1bn gas flaring deal.
A Chinese firm, Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd. and NIGUS International, a Nigerian firm, have signed a $1 billion agreement to fund and...
Afreximbank’s President Benedict Oramah emerges FORBES AFRICA’s 2023 Person of the Year.
Nominations for FORBES AFRICA Person of The Year are submitted by members of the magazine’s editorial and research teams, including journalists from its bureaus across...
16 innovators shortlisted for Africa Prize for Engineering Innovation in its 10th anniversary year.
Sixteen innovators from eight African countries, including Botswana for the first time, have been shortlisted for the 10th Africa Prize for Engineering Innovation. The Africa...
Nigeria, Germany Seal $500m Gas, Renewable Energy Deal.
The Nigerian government and that of Germany have entered into a bilateral agreement that would see both countries exchanging gas and renewable energy resources. Speaking...
Nigeria’s UfarmX expands to Senegal to power next generation of farmers through blockchain.
Nigerian agri-tech startup UfarmX, which leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers, has expanded to Senegal as it aims to reshape...
Cheyi Okoaye’s Cinematic Masterpiece Wins Big at AFRIFF 2023.
In a dazzling showcase of emerging talent, Cheyi Okoaye has secured the top spot in the NEFT Emerging Film Talent International Short Film (NEFTI) Nigeria...
Africa Tech Festival Awards 2023 – Finalists Announced.
The list of finalists – of the projects and people who are powering change and working to bridge the digital divide across Africa – has been announced,...
Polaris Wins Nigeria’s Best Digital Bank Award With VULTe
Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe won for the third time, Nigeria’s ‘Best Digital Bank of the...
Germany-Nigeria trade volume hits €3b in 2022.
The bilateral trade between Germany and Nigeria hit the €3 billion mark in 2022, German Ambassador to Nigeria, Annett Günther has said. This is against €2 billion...
Hippolite Amadi, Nigerian Scientist Wins $100,000 Prize for Work in Keeping Newborns Alive.
The winning innovations comprise a non-invasive Neonatal Ventilator, an Oxygen Delivery Blender System, and an Oxygen Splitter System, all powered by solar energy. Hippolite Amadi,...