Nigeria has signaled a major economic shift toward investment-driven growth at the IsDB Group Day event in Lagos. However, The move, backed by President Bola Ahmed Tinubu’s reform agenda, marks a transition. From economic stabilisation to a stronger focus on attracting private capital, boosting productivity, and creating jobs. Also, Officials say this approach aimed at…
The Federal Government has announced that the long-awaited upgrade of Apapa Port and Tin Can Island Ports will begin in the second quarter (Q2) of 2026. However, The project, expected to span 48 months, aimed at modernizing two of Nigeria’s busiest and most critical trade gateways in Lagos. £746 Million UK-Backed Financing Deal Also, The…
The Nigerian Communications Commission (NCC) has directed telecom operators to compensate subscribers affected by poor service delivery with airtime credits. This move signals a tougher stance by the regulator as it seeks to hold telecom providers accountable. For recurring issues such as dropped calls, slow internet speeds, and network outages experienced by millions of Nigerians….
The Federal Government has taken a major step to support youth innovation by awarding ₦50 million. Each to 45 outstanding students as startup funding under the Student Venture Capital Grant initiative. The beneficiaries selected from a pool of 65 finalists drawn from both public and private tertiary institutions across Nigeria. Marking one of the largest…
By ALO360 Editorial board President Bola Tinubu should relieve Adebayo Adelabu of his position as minister of power. This is no longer a matter of political convenience; it is a question of national survival. The power sector sits at the heart of any functioning economy, and Nigeria’s continued failure in this area reflects a deep…
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to fiscal stability and economic growth. Pointing to a 400% oversubscription of Nigeria’s recent Eurobond as a key sign of renewed investor confidence. The massive demand for the Eurobond suggests that global investors are increasingly optimistic. About Nigeria’s economic reforms, despite recent fiscal challenges. New 1,600MW…
A new report has revealed that Herbert Wigwe, the late Group CEO of Access Holdings Plc, linked to ownership of 106 properties in London. The findings place him 7th on a list of billionaire homeowners in the city. Thus highlighting the scale of his real estate footprint in one of the world’s most expensive property…
The Federal Government has introduced a major reform in tertiary education. With the launch of the Entrepreneurship, Innovation and Business Incubation Certification (EIBIC) programme. Unveiled by the Minister of Education, Olatunji Alausa, the initiative will require students in selected universities to graduate with an additional entrepreneurship certification alongside their academic degrees. According to the government,…
The Central Bank of Nigeria has signaled a gradual economic comeback, pointing to a sharp drop in inflation and renewed investor confidence. According to Sidi Hakama, Nigeria’s headline inflation fell from 34.8% in late 2024 to 15.06% by February 2026 — a major improvement attributed to ongoing monetary reforms. She noted that the policies introduced…
Nigeria’s power sector tensions have escalated as the Federal Government and electricity generating companies (GenCos) clash over outstanding debts. The Minister of Power, Adebayo Adelabu, revealed that the government’s verified liabilities may be closer to ₦4 trillion. Significantly lower than the ₦6.3 trillion figure widely reported by industry stakeholders. This disagreement highlights ongoing issues around…
