Economy
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Tinubu reforms driving economic stability, investment in Nigeria — Uba Sani
By Kunle Sanni – Kaduna State Governor Uba Sani has praised President Bola Ahmed Tinubu for implementing reforms that have stabilized Nigeria’s economy, restored investor confidence, and opened new opportunities for international partnerships. Speaking in an interview with TVC News while assessing the gains of Tinubu’s official visit to Brazil, Governor Sani — who was part of the presidential delegation…
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Tinubu hails capital market growth, meets NGX board, SEC DG in Brazil
By Kunle Sanni – President Bola Tinubu has praised the rapid expansion of Nigeria’s capital market, citing rising market capitalization and trading volumes as evidence of growing investor confidence in his administration’s economic reforms. Speaking in Brazil on Tuesday during a meeting with the Board of Directors of the Nigerian Exchange Group (NGX) Plc and the Director-General of the Securities…
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Nigeria, St. Kitts and Nevis partner to strengthen food security, agriculture
By Kunle Sanni – The Federal Government has reaffirmed its commitment to work with St. Kitts and Nevis to boost food security, drive economic diversification, and deepen transatlantic cooperation. Speaking during a courtesy visit by St. Kitts and Nevis’ Minister for Agriculture, Fisheries, Marine Resources, Small Business and Creative Economy, Hon. Samal Duggins, Nigeria’s Minister of Agriculture and Food Security,…
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Nigeria’s priority is to foster an enabling environment for global investors, says Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has led Nigeria’s economic delegation to a high-level Business Roundtable hosted by Citi at its São Paulo headquarters, stressing that the President Bola Tinubu’s priority is to foster an enabling environment for global investors. The event took place on the sidelines of Tinubu’s historic State Visit to…
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Lagos, 9 other states accounted for N11.35trn telecoms sector GDP in 2023, says NBS
The National Bureau of Statistics (NBS) has disclosed that 10 states in Nigeria accounted for N11.35 trillion or 50 per cent telecommunications sector’s total revenue contribution to nominal gross domestic product (GDP) in 2023. The states includes Lagos, Kano, Rivers, Oyo, Delta, Akwa Ibom, FCT Abuja, Ondo, Ogun, and Edo According to the GDP on telecommunications by state dataset, all…
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Tinubu working to ease economic hardship by year-end, says Fadahunsi
By Deborah Oladejo, Osogbo – The Senator representing Osun East Senatorial District, Francis Fadahunsi has assured Nigerians that the current economic hardship will ease before the end of the year, noting that President Bola Tinubu has started addressing citizens’ demands. Speaking with journalists at his country home in Ilase on Tuesday, Fadahunsi acknowledged that the economic difficulties predated Tinubu’s administration…
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UPDATED: Tinubu approves immediate six-month ban on raw shea nut exports to strengthen local industry
By Kunle Sanni – President Bola Tinubu has ordered an immediate six-month suspension of raw shea nut exports to strengthen Nigeria’s domestic processing industry, curb informal trade, and increase earnings from the global shea market. Vice President Kashim Shettima, who announced the directive on Tuesday during a multi-stakeholder meeting at the Presidential Villa, Abuja, said the policy is expected to…
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Nigerian airline Air Peace to begin direct Lagos-Brazil flights in November
Nigerian airline Air Peace will commence direct flights between Lagos and Brazil in late November 2025, marking a significant milestone in the country’s aviation industry. The development follows the bilateral air services agreement (BASA) signed between Nigeria and Brazil during President Bola Tinubu’s recent state visit to the South American nation. Brazilian President Luiz Inácio Lula da Silva has since…
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Tinubu’s state visit to Brazil: Air Peace to begin direct flight from Lagos to São Paulo
Nigeria’s largest airline, Air Peace, will soon commence direct flights from Lagos to the Brazilian city of São Paulo. The agreement was part of the outcomes of President Bola Tinubu’s state visit to Brazil, where he met with President Luiz Inácio Lula da Silva to strengthen bilateral ties. At a joint press conference, President Lula confirmed the development, describing it…
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Tinubu welcomes Petrobras’ return as Nigeria, Brazil sign MoUs to strengthen economic ties
By Kunle Sanni – President Bola Tinubu has announced the imminent return of Petrobras, Brazil’s state-owned oil company, to Nigeria, five years after it suspended joint venture operations in the country. Speaking at a joint press conference in Brasília during his state visit to Brazil on Monday, Tinubu said Petrobras’ renewed participation would boost energy sector cooperation between Africa’s largest…
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