States seeking access to the World Bank-assisted Human Capital Opportunities for Prosperity and Equity (HOPE-GOV) funds must publicly disclose details of their education and primary healthcare contracts, the Federal Ministry of Budget and Economic Planning has said. The new requirement, according to the ministry, is aimed at strengthening transparency and accountability in the use of …
The Anambra State government has directed traders in 12 additional markets to open on Mondays, warning that non-compliance could lead to temporary closures and legal action. The directive follows a one-week shutdown of Onitsha Main Market, which resulted from traders’ repeated refusal to open on Mondays, a practice the government said was disrupting economic activities …
Shipping data shows that Indian diesel exports to West Africa have reached a record high, driven by the European Union’s new restrictions on fuel refined from Russian crude oil. At the same time, Turkey’s diesel exports to the EU have slowed, reshaping intercontinental oil flows and forcing refiners to seek new markets. The European Union …
The Nigeria Civil Aviation Authority (NCAA) has summoned Overland Airline over allegations of exploiting customers through costly flight tickets, particularly along the Lagos-Abuja-Ilorin route. Director of Consumer Protection at the NCAA, Michael Achimugu, disclosed on his verified X handle that the agency met with Overland to hear its side. The airline argued that aviation taxes …
A member of the Nigeria–Türkiye Business Council, Dr. Ifeanyi Onukwubiri, says the newly signed bilateral agreements between Nigeria and Türkiye will unlock fresh opportunities in trade, investment, and private-sector collaboration for both countries. Onukwubiri, CEO of TMT Travels and Tours Limited, noted that the accords reached by Presidents Recep Tayyip Erdoğan and Bola Ahmed Tinubu …
The United Nations Children’s Fund (UNICEF) has raised alarm over the persistent crisis of out-of-school children in Northern Nigeria, warning that millions remain excluded from education, with girls bearing the brunt due to deep-rooted cultural, economic and social barriers. The concern was raised by the Chief of UNICEF Field Office in Kano, Mr. Rahama Rihood …
The Federal Government has reaffirmed its commitment to reclaiming Nigeria’s position among the world’s top cocoa-producing countries, aiming to drive job creation, economic growth, and food security. Speaking at the International Cocoa and Chocolate Forum (ICCF 2026) in London on January 26, 2026, Minister of Agriculture and Food Security Abubakar Kyari said Nigeria possesses natural …
A shop owner at Onitsha Main Market, Gibson Okafor, has described the government’s closure of the market as “putting fire to fire,” warning that it could drive customers away permanently. Governor Chukwuma Soludo of Anambra State ordered the shutdown of Onitsha Main Market on Monday, a decision that has drawn sharp criticism from traders and …
A structured cargo consolidation ecosystem could generate tens of thousands of direct jobs across Nigeria’s maritime and aviation sectors, the Sea Empowerment and Research Centre (SEREC) has said. Indirect employment in trucking, cold-chain logistics, ICT, insurance, and finance could be two to three times higher. The centre highlighted roles such as freight planners, load controllers, …
India and the European Union reached a long-awaited trade deal that will cut tariffs on many goods, aiming to boost bilateral trade and reduce reliance on the United States amid rising global trade tensions. The agreement is expected to double EU exports to India by 2032 by eliminating or reducing tariffs on 96.6% of traded …
