Business & Economy

China-Nigeria Trade Hits $17.4bn As Zero-Tariff Policy Boosts Nigerian Exports

adminAugust 25, 2026

Nigeria’s exports to China recorded a sharp increase in the first half of 2026, pushing bilateral trade between both countries to $17.4 billion, amid a new zero-tariff arrangement covering Nigerian products. The Chinese Consul General in Lagos, Yan Yuqing, disclosed this at the 2026 Nigeria International New Energy and Power Industry Expo and Nigeria International...

Energy Firm Launches Innovation Ecosystem Development Programme in Nigeria

adminAugust 24, 2026

An off-grid energy impact investment company, ‘All On’ on Monday August 24, 2026 launched its Innovation Ecosystem Development Programme (AO-IEDP) aimed to support clean energy startups and entrepreneurs within the organisation’s hub. The 12-month incubation and prototype development programme will provide technical expertise, hands-on development, access to appropriate equipment and facilities, mentorship and necessary support...

A’Ibom Govt Targets 110,000 Women Through Cooperatives

adminAugust 21, 2026

The Akwa Ibom State Government says it is set to empower about 110,000 women across the state through cooperative societies, with at least 300 women to be selected from each ward for the programme in October. Governor Umo Eno announced the initiative in Uyo during the launch of the Federal Government’s rural women empowerment programme...

Sanwo-Olu Urges Power Stakeholders to End Persistent Blackouts in Lagos

adminAugust 20, 2026

Lagos State Governor, Babajide Sanwo-Olu, has called on stakeholders in the power sector to take firm action to address inadequate electricity supply and improve power availability across the state. According to Channels TV, Sanwo-Olu made the call on Thursday at a high-level strategic town hall meeting on developing a sustainable 24-hour electricity economy in Lagos....

ARCON Conference: A’Ibom Seeks Stronger Regulation Of Digital Advertising, AI

adminAugust 19, 2026

The Akwa Ibom State Government has called for stronger regulatory action against abuses in the digital advertising space, warning that the proliferation of deceptive digital content and artificial intelligence (AI)-generated manipulations was destroying businesses, families and individuals. The State Commissioner for Information, Aniekan Umana, made the call on Wednesday in Uyo at the ongoing Southern...

FG: Nigeria, US Strengthen Strategic Ties on Security, Prosperity

adminAugust 17, 2026

The Federal Government says Nigeria is strengthening its strategic engagement with the United States as part of efforts to improve national security, strengthen defence cooperation and create greater economic opportunities for Nigerians. According to ARISE News, Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, disclosed this during the dinner of the Nigerian Diaspora Economic...

Eno Engages SAMCO, Airbus On Partnership To Operate A’Ibom MRO Facility

adminAugust 14, 2026

Akwa Ibom State Governor Umo Eno has opened discussions with SAMCO Group Europe and Airbus on a possible partnership to manage and operate the Aircraft Maintenance, Repair and Overhaul (MRO) facility at Victor Attah International Airport, Uyo. Eno disclosed this during a meeting with the Chief Executive Officer of SAMCO Group Europe, Constant Van Shani,...

Senate Seeks Stronger Financial Reforms to Stabilise Nigerian Economy

adminAugust 10, 2026

The Senate Committee on Banking, Insurance and Other Financial Institutions has called for stronger cooperation among financial regulators, lawmakers and industry experts to improve Nigeria’s financial system and support economic growth. ARISE News reports that the committee made the call during an expanded stakeholders’ engagement held in Lagos over the weekend, attended by representatives of...

Digital gap, low wages threaten women’s economic progress in Northern Nigeria

adminAugust 3, 2026

Idongesit Mishael, Uyo For thousands of young women in Northern Nigeria, the dream of economic independence remains challenged by a combination of low digital access, limited job opportunities and persistent wage inequality, a new study has revealed. The findings from the Jobberman Young Nigeria Works (YNW) Phase 2 Baseline Study (2026) showed that many women...