Tinubu Targets 5 Million Jobs from Nigeria’s Blue Economy
President Bola Tinubu on Wednesday reaffirmed Nigeria’s commitment to unlocking the economic potential of its oceans, saying the country is targeting five million new ocean-based jobs while seeking stronger African collaboration to tackle illegal fishing and maritime insecurity. Tinubu stated this in a speech delivered at the opening ceremony of the 11th Our Ocean Conference […]
Diageo boosts creative economy via AMVCA partnership
Global alcohol beverage firm Diageo says its partnership with the Africa Magic Viewers’ Choice Awards is driving job creation and expanding small business participation across Africa’s creative value chain, as corporate investment in entertainment increasingly shapes economic activity in Nigeria’s cultural and media industries. The company said on Tuesday that its first full portfolio sponsorship […]
FG orders contractors not to block roads beyond 14 days
The federal government has directed contractors handling legacy road projects across the country never to block vehicular access beyond 14 days under any circumstances. It also warned contractors to stick to contractual terms in handling road projects, just as it issued a 72-hour ultimatum to GELD Construction Company to effectively utilise funds already released to […]
FG targets 7,000 jobs through ranching estates nationwide
The Federal Government plans to create about 7,000 direct jobs through an estate-based ranching programme aimed at empowering youths and women, boosting livestock productivity, and stimulating rural economic development. This was disclosed in a statement issued on Friday by the Federal Ministry of Livestock Development following a strategic engagement involving the Minister of Livestock Development, […]
Nigeria, Israel Deepen Cooperation on AI Innovation
The Ambassador of Israel to Nigeria, Michael Freeman, on Thursday pledged deeper collaboration with Nigeria in the field of artificial intelligence, saying the Israeli government would continue sharing its expertise with the country to support job creation, innovation and entrepreneurship. Freeman made the commitment at the closing ceremony of the Entrepreneurship and Innovation Bootcamp 2026 […]
Sundry Markets expands to 41 stores nationwide, marks 10 yea
Sundry Markets Limited, has grown from a single store in Yenagoa, Bayelsa State, to 41 stores across 19 cities and 15 states, as the parent company of Marketsquare officially marks its 10th anniversary, celebrating a decade of aggressive expansion that has transformed it into Nigeria’s largest homegrown grocery retail chain. What began as a single […]
DBN disburses over N1tn to MSMEs since 2017
The Development Bank of Nigeria has disbursed more than N1tn to Micro, Small and Medium Enterprises through participating financial institutions since it commenced operations in 2017. The bank disclosed this in a review of its operations up to December 2025, highlighting achievements in lending, capacity building, job creation and credit guarantees. Speaking in Lagos on […]