47 h. ago OPEC cuts global oil demand growth forecasts over US tariffs

The Organisation of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy. A report by Reuters quoting the OPEC Monthly Oil Market Report for April said the Secretariat now sees demand growing by 1.3 million barrels per day in 2025, Read More

Politics

59 h. ago $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

…says investors responding to FX stability Abuja|| As the race for bank recapitalisation intensifies, the Central Bank of Nigeria (CBN) read more $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

Politics

3 d. ago Gov Yusuf Visits Morocco To Seek Partnerships For Kano’s Economic Growth

Governor Abba Kabir Yusuf has embarked on a strategic working visit to the Kingdom of Morocco to explore bilateral partnerships that could fast-track economic development in the state. The visit, confirmed in a statement on Sunday by the governor’s spokesperson, Sanusi Bature Dawakin Tofa, focused on fostering collaborations in critical sectors, including agricultural mechanisation, fertilizer […]

Politics

5 d. ago Stephen Akintayo foundation hosts business growth conference in Abuja, Lagos to tackle economic hardship

In a bid to promote business sustainability and entrepreneurship in the face of Nigeria’s economic challenges, the Stephen Akintayo Foundation read more Stephen Akintayo foundation hosts business growth conference in Abuja, Lagos to tackle economic hardship

Economics

5 d. ago Edo unveils diaspora agency to boost potential for economic growth

Edo State Diaspora Agency on Thursday said it is determined to ensure that the potential of Edo indigenes in the Diaspora is harnessed to boost the economic, social and cultural development of the state. The Director General of the Agency, Loretta Ogboro-Okor who stated this during her maiden press conference in Benin, Edo State, also Read More

Politics

5 d. ago Foundation Targets Empowerment of 1m Entrepreneurs To Boost Economic Growth

In a move aimed at complementing government initiatives on entrepreneurship development, the Stephen Akintayo Foundation has announced plans to empower one million entrepreneurs across Nigeria to accelerate economic growth and job creation. Speaking at a press briefing in Abuja on Thursday, Founder of the Foundation, Dr. Stephen Akintayo, disclosed that the initiative will be formally […]

Politics

5 d. ago Deliver On Key Gas Initiatives For National Economic Growth, Ekpo Urges NNPC

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged the new leadership of the Nigerian National Petroleum Company Limited (NNPC Ltd.) to prioritize the completion of the Ajaokuta-Kaduna-Kano (AKK) and Obiafu-Obrikom-Oben (OB3) projects and other critical National Gas Projects. Ekpo made this call during a courtesy visit by NNPC Ltd.’s new leadership, led by […]

Politics

7 d. ago US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal

By Chukwuma Umeorah Nigeria’s target of growing its economy to $1 trillion within the next few years is facing significant skepticism from economic experts, who warn that deep-seated structural challenges, now compounded by a new 14 per cent U.S. tariff on Nigerian exports threaten the country’s growth trajectory and trade viability. Group Chief Economist and […] The post US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal appeared first on The Sun Nigeria.

Politics

9 d. ago Nigeria’s free zones: Powering inward investment and industrial growth

Nigeria’s economic landscape has been significantly shaped by the emergence and growth of its free zones. However, the free zone read more Nigeria’s free zones: Powering inward investment and industrial growth

Politics

9 d. ago Tax Reform Bills: Extricating Nigeria From Economic Cesspit – Atoyebi

  The Technical Assistant on Broadcast Media to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Aderonke Atoyebi has stated that the federal government’s tax reform bills are extricating Nigeria from economic inefficiencies and paving the way for economic growth. Atoyebi noted that when President Bola Ahmed Tinubu assumed office in May 2023, […]

Economics

1 week ago Ekpo performs Ibesikpo CNG Plant groundbreaking, hails economic growth prospects

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, at the weekend, performed the groundbreaking for Guelph Gas Limited’s Compressed Natural Gas (CNG) Mother Station in Ibesikpo, Akwa Ibom State, noting that as the world shifts towards cleaner energy sources, Nigeria is poised to leverage its vast natural gas reserves to drive a just and equitable […] The post Ekpo performs Ibesikpo CNG Plant groundbreaking, hails economic growth prospects appeared first on The Sun Nigeria.

Politics

1 week ago SECCIMA unveils compendium of 100 most outstanding Igbo entrepreneurs

From Jude Chinedu, Enugu The South East Chamber of Commerce, Industry, Mines & Agriculture (SECCIMA) has launched a compendium highlighting 100 of the most outstanding Igbo entrepreneurs. The initiative celebrates their roles in boosting economic development, creating jobs, and driving growth in the region. At the unveiling event in Enugu over the weekend, SECCIMA President […] The post SECCIMA unveils compendium of 100 most outstanding Igbo entrepreneurs appeared first on The Sun Nigeria.

Politics

1 week ago Business Leaders, Policymakers To Promote National Economic Growth

Business and thought leaders, policymakers, business executives, industry stakeholders and traditional rulers, are gathering  in Kano to engage in critical discussions on Nigeria’s economic trajectory. The programme titled: ‘For The Love of The Country’ Conference set to take place on May 29, 2025, in Kano, has the theme: ‘Reimagining Nigeria’s Economy for a Prosperous Future: […]

Economics

1 week ago Stakeholders push for gender inclusivity in finance, economic growth

By Chukwuma Umeorah Access Bank Plc, the International Finance Corporation (IFC), and Zambia’s Vice President, Mutale Nalumango, among other stakeholders, have reiterated the need for women to take ownership of their economic power and drive financial inclusion for sustainable prosperity.  Speaking at the Access Bank International Women’s Day Conference in Lagos, the stakeholders emphasised that […] The post Stakeholders push for gender inclusivity in finance, economic growth appeared first on The Sun Nigeria.

Politics

1 week ago Kugbo market to drive local, national economic growth –  Mahmoud

From Juliana Taiwo-Obalonye, Abuja   Minister of State for the Federal Capital Territory, Mariya Mahmoud, at the  official inauguration of phase 1 Kugbo International Market constructed by the Abuja Investment Company Limited, (AICL), has said that the market is poised to enhance local and national economies by fostering trade and commerce.  She emphasised that the market […] The post Kugbo market to drive local, national economic growth –  Mahmoud appeared first on The Sun Nigeria.

Politics

1 week ago Mahmoud: Kugbo market set to drive local, national economic growth

By Juliana Taiwo-Obalonye, Abuja The Minister of State for the Federal Capital Territory, Mariya Mahmoud, today launched Phase 1 of the Kugbo International Market, built by the Abuja Investment Company Limited (AICL). She said the market will boost local and national economies through trade and commerce. It will also raise government funds via taxes and […] The post Mahmoud: Kugbo market set to drive local, national economic growth appeared first on The Sun Nigeria.

Politics

1 week ago Minister performs Ibesikpo CNG plant groundbreaking, hails economic growth prospects

By Adewale Sanyaolu The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, today led the groundbreaking ceremony for Guelph Gas Limited’s Compressed Natural Gas (CNG) Mother Station in Ibesikpo, Akwa Ibom State. He said Nigeria’s vast natural gas reserves will help create a fair energy shift as the world moves to cleaner sources. Ekpo’s […] The post Minister performs Ibesikpo CNG plant groundbreaking, hails economic growth prospects appeared first on The Sun Nigeria.

Politics

1 week ago NDDC Gives N10bn Stimulus To Niger Delta Chamber Of Commerce

The Niger Delta Development Commission (NDDC) has released N10billion to the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA), to stimulate entrepreneurship and economic growth in the Niger Delta region. Announcing the release of the fund during the inauguration of the NDCCITMA board of directors in Port Harcourt, Rivers State, the NDDC […]

Politics

1 week ago Tinubu Appoints Nasir Naeem Abdulsalam As New Ajaokuta Steel MD

President Bola Tinubu has approved the appointment of Nasir Naeem Abdulsalam as the new Managing Director of Ajaokuta Steel Company. Abdulsalam, an experienced professional, takes on this critical role at a time when the steel plant is expected to play a significant part in Nigeria’s industrialization and economic growth. His appointment aims to drive the […] The post Tinubu Appoints Nasir Naeem Abdulsalam As New Ajaokuta Steel MD appeared first on Information Nigeria.

Politics

1 week ago Jonathan disowns youth empowerment initiative promising N10m to beneficiaries

By John Ogunsemore Former President Goodluck Ebele Jonathan has distanced himself from an online youth empowerment initiative promising between N5 million and N10 million in financial support to beneficiaries. The GEJ Foundation, in a disclaimer shared on X on Friday, said the initiative tagged “Empowering Nigerian Youth Enhancing Economic Growth” is fake and misleading. In […] The post Jonathan disowns youth empowerment initiative promising N10m to beneficiaries appeared first on The Sun Nigeria.

Politics