Business
Nigerian Stock Exchange Gains 48.12% as FDI Rises to $720m in 2025
Investor confidence in Nigeria improved significantly in 2025, with the Nigerian Stock Exchange posting a 48.12 percent gain and foreign...
MSMEs
Owan-Enoh Foundation Opens Phase 2 MSME Support Program for New Year
The John Owan-Enoh Foundation has announced the opening of Phase 2 of its MSME Support Program to mark the New...
BusinessEmpowerment
Kogi Lawmaker Disburses ₦25 Million Startup Capital to 500 Beneficiaries
The Member representing Okene/Ogori-Magogo Federal Constituency in Kogi State at the National Assembly, Hon. Ozigi Muhammad Tijani, has disbursed ₦25...
Business
Fidelis Ayebae Gains $4.2m as Fidson Shares Rally on NGX
Nigerian pharmaceutical entrepreneur Fidelis Ayebae has gained about $4.2 million from his investment in Fidson Healthcare Plc after a renewed...
NDDC
NDDC Submits ₦1.75tn 2025 Budget to National Assembly
The Niger Delta Development Commission (NDDC) has presented a proposed ₦1.75 trillion budget for the 2025 fiscal year to the...
InvestmentMSMEs
FG Approves $100m AfDB Youth Investment Fund for MSMEs
The Federal Government, through the Federal Executive Council (FEC), on Wednesday approved a $100 million African Development Bank (AfDB) loan...
Business
Benjamin Kalu announces N1bn empowerment package for 2000 Abia SMEs
Benjamin Kalu, the Deputy Speaker of the House of Representatives, has announced a N1 billion empowerment package targeted at supporting...
Investment
Borno Secures Over $300m Investments in Energy, Agriculture, Others
Borno State has secured five major investment commitments valued at over $300 million across agriculture, clean energy infrastructure, digital connectivity,...
EconomyNDDC
NDDC 2025 budget will not be business as usual – Reps committee chair
The Chairman of the House of Representatives Committee on the Niger Delta Development Commission (NDDC), Rt. Hon. Erhiatake Ibori-Suenu, has...
Business
Apply: FG SMEDAN free business name registration for MSMEs
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is continuing applications for the free...
Circular EconomyEconomy
FG to Fully Implement End-of-Life Vehicle Policy in 2026
The Federal Government has confirmed plans to fully implement Nigeria’s End-of-Life Vehicle (ELV) Policy in 2026 as part of efforts...
BusinessEconomy
22.9% of Businesses Started Because Nigerians Could Not Find Jobs
About 22.9% businesses were started because people could not find jobs, according to a new report by the FATE Institute,...
MSMEs
91% Entrepreneurs Confident as MSMEs Lose 2,300 Jobs in One Year
A new report by the FATE Institute has revealed a striking contrast in Nigeria’s small business sector, showing that while...
Business
Over 54% of Nigerian Businesses Operate Informally – FATE Institute
More than half of Nigerian businesses remain unregistered, a new report by the FATE Institute has revealed, highlighting persistent informality...
Creative Economy
Stanbic IBTC Bank Reaffirms Support for Nigeria’s Creative Industry
Stanbic IBTC Bank has reaffirmed its commitment to Nigeria’s creative industry, assuring designers and artists of continued strategic investment and...
Creative Economy
UNDP, YAI unveil 31 innovators in A’ Ibom tourism and creative sectors
The United Nations Development Programme (UNDP), in partnership with the Young Africa Innovates (YAI) Programme, has unveiled 31 youth innovators...
Business
Heirs Energy secures $750m Afreximbank facility to scale oil and gas production
Nigeria’s indigenous energy firm, Heirs Energy, has secured a $750 million financing facility from the African Export-Import Bank to expand...
Circular Economy
FG to Launch N150bn End-of-Life Vehicle Programme
The federal government through the National Automotive Design and Development Council, NADDC, has expressed readiness to introduce a comprehensive End-of-Life...
Investment
Nigeria Renewable Energy Investment Jumps to $250m
An impact evaluation report released by has revealed that investment in Nigeria’s renewable energy sector has grown significantly, rising from...
Business
KASEDA Updates MSMEs Portal for Online Business Registration
The (KASEDA) has announced an update to its official MSMEs Registration Portal, aimed at improving access to business registration and...