…Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Digital lending platforms in Nigeria are facing renewed scrutiny after the Chairman of the Alliance for Economic Research and Ethics, Dele Oye, warned that some loan apps are charging annuali…

…investigation into the operations of the controversial Presidential Foreign Investment Promotion Council took a dramatic turn on Monday after the Accountant-General of the Federation, Shamseldeen Ogunjimi, revealed that a forged State House letter was used to obtain official government recognition for the ‘fake’ agency…

…the First Lady, Senator Oluremi Tinubu, at the Renewed Hope Initiative (RHI) Social Investment Programme scheduled to hold in Akure. The programme, under the Food Outreach Scheme, is expected to provide about 1,800 bags of rice and other food items to vulnerable residents across the state, including widows, persons wit…

…Nigerians would experience the benefits of the reforms as they matured through increased investment, improved productivity and expanded economic opportunities. Arodiogbu reaffirmed the APC’s position that Nigeria’s path to sustainable development lies in consolidating existing gains, refining policies where necessary a…

Economic expert Olatunji Smith Balogun has commended the Governor of Oyo State, Mr Seyi Makinde, for triggering an infrastructure boom aimed at transforming the state into a prime destination for foreign investors. Balogun, while speaking on the state’s economic evolution, noted that crucial projects such as the constr…

…to choose licensed operators, which would in turn boost public revenue and draw greater investment into the sector.

Nigeria requires an estimated $228 billion in electricity investments between now and 2045, to stabilise the grid and meet energy demands. This represents an estimated $12 billion in annual electricity investments through 2045, a period of 19 years. Speaking at Asharami Square 3.0 in Lagos, the Special Adviser to the P…

…shortage of nurses and other healthcare professionals, driven largely by years of underinvestment in training capacity and the increasing migration of health workers to countries offering better remuneration and working conditions. The trend has placed additional pressure on the country’s healthcare system, particularl…

…innovators for discussions spanning AI governance, industrial applications, innovation, investment, youth development and talent recruitment. The scale alone should command Nigeria’s attention. The conference featured more than 140 thematic forums, over 1,400 international guests, more than 1,100 participating companie…

…the region to specialise in processing particular minerals while sharing infrastructure, investment risks and the benefits of mineral development. The proposed arrangement, he said, would reduce the enormous financial burden of developing separate processing facilities in every country and promote cross-border trade an…

…and technology hub through deliberate planning, institutional reforms and sustained investment in innovation. The governor urged young innovators to understand how government works, advising them to support their ideas with evidence, pilot projects and measurable results rather than mere proposals. He said innovation t…

…Africa and the global labor market. According to him, President Tinubu’s unprecedented investments in education, skills development, and human capital are designed to position Nigeria as a leading exporter of skilled professionals. “We want to be the manpower supplier of the world. We need to produce competent, skilled…

…a paper at the technical session of the 17th National Council on Industry, Trade and Investment in Enugu. This was contained in a statement made available to PUNCH Online on Sunday. Bakrin said the high cost of production, rather than weak demand, was the biggest challenge confronting Nigerian manufacturers. “None of t…

…affect event schedules and attendee experience. The unveiling adds to the growing investment in conference infrastructure across Lagos, as hospitality operators continue to develop facilities targeted at supporting business tourism and corporate events.

…products under one roof while providing modern infrastructure to support trade and investment. “We believe this market is not only an opportunity for Kano State or Northern Nigeria but for the entire African continent. Instead of travelling all the way to China to purchase goods in bulk, traders will be able to come to…

By Peter Duru, Makurdi The Benue Investment and Property Company Limited (BIPC) has cautioned citrus farmers against transporting and selling oranges outside Benue State, warning that the practice poses a serious threat to the state’s agro-industrialisation drive and local processing industries. The Group Managing Dire…

…called on African governments, the private sector and development partners to scale up investments in people, mobilise sustainable financing and strengthen partnerships to accelerate progress towards the Sustainable Development Goals. Speaking at the Africa Social Impact Summit 2026 in Lagos on Saturday, the UNFPA Repr…

…for planning and prioritising electrification projects across the country, ensuring investments are directed where they will have the greatest impact.

…arrangements. The association also commended the Federal Ministry of Industry, Trade and Investment of Nigeria, Ghana’s Ministry of Trade, Agribusiness and Industry, the Nigerian and Ghanaian High Commissions, the ECOWAS Trade Directorate, and other stakeholders for their roles in resolving the dispute. While welcoming…

…Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Dangote Petroleum Refinery has resumed the sale of Automotive Gas Oil (AGO), commonly known as diesel, after an eight-day suspension, but marketers will now pay a higher price as the company…

…away from it,” she said. “Africa cannot afford a framework that works against its own investment.” Outgoing ATU Secretary-General John Omo presented the ministerial declaration adopted by member states, saying it covered issues including digital inclusion, infrastructure resilience, broadband expansion, technology neut…

…healthcare, and youth participation. Obi described education and healthcare as investments rather than expenses, arguing that human capital development remains the foundation of national progress. As our conversation ended, I asked how Nigeria should position itself globally. Obi said the country must become a respecte…

…the new Order should eliminate ambiguity, simplify compliance for taxpayers, support investment decisions and provide tax administrators with clearer guidance for implementing the law. The Minister directed the committee to undertake a comprehensive review of the legal framework, administrative practices and policy dir…

Nigeria's impact investment market has provided more than ₦1.1 trillion in financing to over 700,000 SMEs, showing growing investor confidence A recent study found that about $2.7 billion was invested in sectors including fintech, agriculture, healthcare and renewable energy in seven years While local financing is expa…

…huge allocation, there’s no empowerment, no employment opportunities or job creation, no investment driven programmes and no developmental initiatives and projects. Even the few things that the local government chairmen may claim to have done for the period of two years can’t be equated to four months’ allocations”. Al…