Afam Power Dispute Sparks Calls for Investigation

A dispute over assets at Afam Power Station has escalated, with allegations of fraud and favoritism raising concerns about transparency in Nigeria's electricity sector, prompting demands for a thorough investigation.

FG, Nestlé Launch Water Quality Handbook to Boost Standards

The Federal Government and Nestlé Nigeria have launched a Water Quality Handbook to enhance compliance and build technical capacity across sectors. Minister Utsev warned climate change is impacting water resources through floods and droughts.

FG Opens 2026 MSME Awards Portal, N1bn Grants for 100 Nigerians

The Federal Government has launched the application portal for the 2026 National MSME Awards, offering over N1 billion in grants to 100 Nigerian entrepreneurs. Applications open April 7, with a focus on financial support and sector-wide recognition.

FG Expands ₦75,000 Cash Transfer to 15 Million Homes

The Nigerian government has launched the Conditional Cash Transfer programme targeting 15 million vulnerable households, with ₦75,000 disbursed in three phases. Over 9 million households have already received payments.

Oil Surge Lifts Nigeria's Outlook Amid Market Volatility

Rising global oil prices, driven by Middle East tensions and supply disruptions, are expected to bolster Nigeria's economy as a net oil exporter, though geopolitical risks may limit gains, according to FXTM market analysis.

Cotton Value Addition Drives Nigeria's Inclusive Growth

Stakeholders at the WTO's 14th Ministerial Conference emphasized that major investment in Nigeria's cotton, textiles, and garments sector can transform economic development, create jobs, and position West Africa as a processing hub.

FG Eyes Livestock as Critical Driver of Economic Growth

The Federal Government intensifies efforts to transform Nigeria's livestock sector into a major economic driver, aiming to boost GDP, ensure food security, and support a $1 trillion economy through coordinated reforms and private investment.

FG's 2026 MSME Awards: 100 Firms Target N1 Billion

The Federal Government has opened applications for the Eighth MSME Awards, with 100 outstanding businesses set to share over N1 billion in grants to boost entrepreneurship and economic growth nationwide.

NPA Upgrades Onne, Warri, Calabar Ports for Cargo Boost

The Nigerian Ports Authority plans to rehabilitate key eastern ports, including Onne, Warri, and Calabar, to enhance cargo traffic and capacity, as part of a broader strategy to boost non-oil exports and streamline operations.

Esso Marks 20 Years of Erha Field Oil Production

Esso Exploration and Production Nigeria Limited commemorates two decades of operations at the Erha Field, having produced over 800 million barrels and delivered significant economic contributions to Nigeria.

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