SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
Aliko Dangote raised his Ethiopia investment from $2.5 billion to over $4 billion, pledging that fertilizer plants will deliver food security across Africa.
Aliko Dangote rejected NNPC's bid to lift its 7.25 percent refinery stake, saying his $20 billion Lekki plant plans a public listing for ordinary Nigerians.
Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
Forbes has valued Aliko Dangote at $30.3 billion for the first time as his now operational Lagos refinery closes the gap with Bloomberg's wealth tracker.
The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.
Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.
Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
NNPC Trading shipped more than 1.03 million metric tons of crude, about 6.8 million barrels, to Aliko Dangote's Lekki refinery across eight April cargoes.
SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
Nigeria's intra-African trade rose 21 percent to $9.02bn in 2025, as the AfCFTA unlocked new export markets and lower trade barriers, an Afreximbank report says.