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Sugar Investments Can Reduce Unemployment in Nigeria

The Executive Secretary/Chief Executive Officer of the National Sugar Development Council, Kamar Bakrin, has said a fully developed sugar industry could help tackle unemployment, insecurity, and rural underdevelopment in Nigeria through large-scale job creation and industrial investments. Bakrin stated this during a strategic meeting between the NSDC and the Nigeria Customs Service at the Customs...
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Why Domestic Capital is Key to Development

In a recent interview with Reuters, Oando’s Group Chief Executive, Wale Tinubu, set out more than a financing strategy, outlining a structural shift in how Africa must think about funding its future. As Oando advances plans to raise about $750m for an extensive drilling campaign that could significantly increase production, the conversation extends beyond capital...
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63% of Nigerians Want Interest Rates Reduced

The Central Bank of Nigeria says 63.3 per cent of Nigerians want interest rates reduced ahead of the Monetary Policy Committee meeting scheduled for May 19 and 20, 2026. The apex bank disclosed this in its April 2026 Inflation Expectations Survey Report, released by its Statistics Department under the Economic Policy Directorate on its website...
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Dangote raises Ethiopia fertiliser investment to $4 billion

The President of Dangote Industries Limited, Aliko Dangote, received a hero’s welcome in Gode, Ethiopia, on a visit tied to his group’s fertiliser plant project in the country. He was hosted by Prime Minister Abiy Ahmed, and both men visited the construction site of the proposed facility on Sunday. Ethiopia signed a shareholders’ agreement with...
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Africa Needs Power and Infrastructure, Not Handouts

At the 2026 Africa Forward Summit, convened by Kenyan President William Ruto and French President Emmanuel Macron, the Founder and Group Chair of Heirs Holdings, Tony Elumelu, called for a shift in Africa’s global partnerships, stressing that the continent seeks engagement based on equality and economic substance rather than dependency. Elumelu told heads of state,...
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Once Upon A Ruling Party

How PDP lost steam after 16yrs Dominance at national, sub-national levels FELIX NWANERI writes on how the Peoples Democratic Party (PDP) dominated Nigeria’s political landscape for 16 years and the party’s unending dwindling fortunes after its defeat in the 2015 elections and a possible extinction ahead of the 2027 polls There is no doubt that...
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How Chivita uses wellness to boost its market share

Chivita, a trusted fruit juice brand in Nigeria, has said that it is reinforcing its commitment to healthier living, wellness, and purposeful innovation across its product range, including Chivita Fruit Juice, Chivita Active, Chivita Happy Hour, Chivita Ice Tea, and Chivita Exotic. It stated in a statement that since its introduction into the Nigerian market...
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FEC Approves Smart Transport Databank Project in Nigeria

The Federal Executive Council has approved the Smart National Transport Databank Project of the Nigerian Institute of Transport Technology, Zaria, in what the institute described as a major step toward modernising Nigeria’s transport system. According to a statement issued by the institute on Sunday, the project, which is under the supervision of the Federal Ministry...
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Diageo deepens support for Africa’s creative economy

Global beverage company Diageo has reaffirmed its commitment to promoting African culture, creativity, and economic growth through its headline sponsorship of the recently concluded Africa Magic Viewers’ Choice Awards. In a statement, the company said that its participation in the AMVCA reflected its support for platforms that celebrate African storytelling, talent, and innovation, while contributing...
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Dangote Raises Ethiopia Investment to Over $4bn

President of the Dangote Group, Aliko Dangote, has increased the company’s investment in Ethiopia to over $4bn, reaffirming plans to strengthen Africa’s food security through large-scale fertiliser production. Dangote disclosed this during a visit to Gode in Ethiopia’s Somali region, where he was hosted by Prime Minister Abiy Ahmed. According to a statement on Sunday,...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...