The Nigerian Society of Engineers (NSE) has launched a $17.4 million partnership with Indian software company MIDAS IT to boost engineering education in 15 Nigerian universities. Dr. Felicia Agubata, NSE Vice President (Corporate Services), disclosed this in a statement on Wednesday in Lagos. She said the partnership will support civil, structural, and geotechnical engineering education…
Federal Capital Territory (FCT) Minister, Nyesom Wike, has urged investors to seize economic opportunities in Abuja to drive sustainable growth, innovation and development. Speaking at the 2025 Abuja Business and Investment Summit in the Bola Tinubu International Conference Centre on Wednesday—represented by FCT Minister of State, Dr Mariya Mahmoud—Wike said the current administration is determined…
The Sokoto State Government on Wednesday celebrated the successful brown field cultivation of farmland reclaimed from BUA Cement’s mining site in the state. The event, organised by the Sokoto Agriculture and Rural Development Project (SADP) in collaboration with BUA Cement Plc, aimed to support host communities and boost agricultural activities across the state. Speaking at…
Nigeria’s Federal Government has announced an unconditional grant of ₦250,000 for each outstanding small business showcasing at the Expanded National MSME Clinic in Katsina. Vice-President Kashim Shettima revealed the decision on Tuesday, stating that President Bola Tinubu approved the financial support to strengthen small businesses and accelerate local economic growth. “This grant is not a…
The National Bureau of Statistics (NBS) has reiterated its commitment to providing credible, high-quality, and accessible data to support evidence-based policymaking aimed at driving sustainable national development and transformational change. The Statistician-General of the Federation and Chief Executive Officer of the NBS, Adeyemi Adeniran, made this known on Monday in Abuja during an event to…
The International Monetary Fund (IMF) has commended Nigeria’s ongoing fiscal reforms and urged the country to adopt smarter spending strategies alongside stronger tax systems to sustain economic stability. Davide Furceri, Division Chief, Fiscal Affairs Department at the IMF, made this known during a news conference on the Fiscal Monitor held on Wednesday in Washington D.C.,…
The National Pension Commission (PenCom) says it is finalising arrangements to pay all outstanding pension liabilities under the Contributory Pension Scheme (CPS) before December. PenCom’s Director-General, Ms. Omolola Oloworaran, disclosed this on Wednesday in Lagos during the opening of a two-day sensitisation workshop for employees and pension desk officers. The event was organised in collaboration…
Sheikh Abdulrahman Al-Thani, Chairman of the Future Union Group and member of Qatar’s ruling family, has announced plans to invest substantially across several sectors of Nigeria’s economy in support of the country’s development agenda. Speaking at a press briefing in Abuja on Wednesday, Al-Thani described Nigeria as Africa’s “future investment destination”, expressing optimism about the…
The Benue State Council of the Nigeria Union of Journalists (NUJ) has thrown its weight behind the state government’s N100 billion infrastructure development loan, describing it as a transformative initiative with the potential to boost key sectors of the state’s economy. In a communiqué issued at the end of its congress in Makurdi, signed by…
Nigeria’s trade surplus has risen to six per cent of Gross Domestic Product (GDP), according to the Central Bank Governor, Mr Olayemi Cardoso, signalling improved trade performance amid ongoing economic reforms. Cardoso made the announcement in Washington on Wednesday in a statement released by Mr Mohammed Manga, Director of Information and Public Relations at the…
