By Godwin Anyebe Nigeria’s economic narrative is often framed in terms of deficits—budget gaps, infrastructure shortfalls, policy inconsistencies and so on. Yet, beneath that familiar surface lies another story: one of resilience, grit and entrepreneurial dynamism. In this article, I explore how Nigeria’s economy is being powered not just by[Read More…]
Author: Godwin Anyebe
Sustaining the Source: Inside Nestlé Nigeria’s Strategy for a Resilient Agricultural Future
By Godwin Anyebe In an era defined by climate volatility and the urgent need for local economic empowerment, Nestlé Nigeria is pioneering a comprehensive and deeply integrated approach to agriculture that moves far beyond simple procurement. This is not merely a sourcing strategy; it is a long-term investment in rebuilding[Read More…]
Dangote to Expand Refinery to 1.4 Million bpd, Targeting World’s Largest Capacity
Aliko Dangote to Expand Refinery to 1.4 Million bpd, Targeting World’s Largest Capaliko Dangote, founder of the Dangote Group, has announced a massive expansion plan for the Dangote Petroleum Refinery, aiming to boost its production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd. Speaking at a press[Read More…]
Customs at PTML Command Surpasses 2024 Revenue, Seizes $200M in Fake Antibiotics
The Port and Terminal Multi-Services Limited (PTML) Command of the Nigeria Customs Service (NCS) has reported a major surge in revenue, generating ₦116.2 billion in the third quarter of 2025. This marks a significant 34.3% increase from the ₦86.5 billion collected during the same period in 2024. Disclosing the figures[Read More…]
FirstBank Revolutionizes Cross-Border Payments with PAPSS Integration on LIT
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, had announced the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform. The LIT app, enables customers to make instant, secure, and local currency-based cross-border payments across Africa. PAPSS,[Read More…]
Shina Dare pledges unity, security as he assumes leadership of Abesan Estate Residents’ Association
In a colourful ceremony witnessed by dignitaries, community leaders, and residents, Mr. Shina Dare was on Sunday inaugurated as the newly elected President of the Abesan Estate Residents’ Association (AERA), promising a new era of inclusive leadership, transparency, and development for the sprawling Lagos estate. The event, held at the[Read More…]
SON Destroys N}25 Million Worth of Expired Sugar, Substandard Goods in Kaduna
The Standards Organisation of Nigeria (SON) has destroyed expired sugar and a variety of other substandard consumables valued at approximately \text{N}25 million. The action, taken in Kaduna, is part of SON’s vigorous, ongoing campaign to protect public health and enforce strict product quality compliance across the nation. The destruction exercise[Read More…]
Lafarge Africa Reshapes Board After Holcim Exit: Five Directors Resign, Five New
Lafarge Africa Plc has announced major changes to its Board of Directors following the ongoing divestment of its former majority shareholder, Holcim Group. Five non-executive directors — Mr. Kaspar Theiler, Mr. Khaled El Dokani, Mr. Rajesh Surana, Mr. Grant Earnshaw, and Mr. Taner Demir — have resigned. In their place,[Read More…]
Celebrations’ Project Advance Powers Women Entrepreneurs, Fuels Local Economies
Celebrations, a brand rooted in helping people express their hearts through gifts and meaningful gestures, is making waves with Project Advance, its flagship sustainability initiative designed to uplift female entrepreneurs and build stronger, more connected communities. At the heart of Project Advance is a simple but powerful belief: when women[Read More…]
OPPO Unveils the A6 Pro at Star-Studded Launch in Lagos
Smartphone giant OPPO officially unveiled its latest innovation, the OPPO A6 Pro, at an exclusive launch event held at Radisson Blu Hotel, Ikeja, marking another milestone in the brand’s commitment to delivering power, durability, and sleek design to Nigerian consumers. The highly anticipated launch drew tech enthusiasts, media personalities, and[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]