FG Introduces N20 Billion Fund to Boost Access to Locally-Made Automobiles

Racheal A. ARD 9 December 2024

Federal Government Funds for Transportation – ARDnig The Federal Government has launched a N20 billion consumer credit fund to make locally-assembled vehicles more accessible to Nigerians. Managed by Credicorp, the fund offers single-digit interest rates, aiming to improve citizens’

Rising Graduate Unemployment in Nigeria Understanding the Challenges and Finding Solutions 

Racheal A. ARD 15 November 2024

Graduate unemployment in Nigeria is a growing issue caused by poor infrastructure, collapsing industries, and insecurity. The government must support SMEs, privatize failing facilities, and improve security to create jobs and empower youth.  The Growing Problem of Graduate Unemployment  Unemployment among Nigerian graduates is increasing, leaving many unable to find

Ogun State’s N150 Billion Loan Scheme to Empower 175,000 Small Businesses 

Adetutu A. ARD 6 November 2024

Governor Of Ogun State, Dapo Abiodun The Federal Government has launched a significant initiative to support small and medium enterprises (SMEs) in Ogun State, with an allocation of N150 billion aimed at reaching 175,000 business owners. This development was announced by Mr. Abiodun Awoniyi, the Ogun State Manager of the Small and Medium Enterprise Development […]

Tony Elumelu Foundation Supports 20,000 African Startups with $5,000 Seed Funding 

Adetutu A. ARD 29 October 2024

Tony Elumelu Heirs Holdings and the Tony Elumelu Foundation (TEF) have provided 20,000 African entrepreneurs with $5,000 in seed capital, aiming to spur economic growth across the continent. The announcement was made during the Future Investment Initiative New Africa Summit in Saudi Arabia, where Tony Elumelu, Chairman of Heirs Holdings and Founder of the Tony […]

Expansion of Small Business Grants and Loans to Boost Nigerian Entrepreneurs 

Adetutu A. ARD 17 October 2024

In a bid to strengthen the Nigerian economy, the government and private sector are expanding programs that provide small business grants and loans to entrepreneurs. These initiatives aim to empower small and medium-sized enterprises (SMEs), create jobs, and stimulate local economic growth.  Government-Backed Grant Programs  The Nigerian government, through the Bank of

World Bank Supports Nigeria’s Growth with New Financing 

Adetutu A. ARD 7 October 2024

The World Bank has stepped up its support for Nigeria with a new financing initiative aimed at driving inclusive growth and diversifying the country’s revenue sources. This move is crucial for improving the economic situation, creating jobs, and reducing poverty across Nigeria.  Focus on Inclusive Growth  One of the key goals of this new financing […]

Understanding NNPC’s New Petrol Pricing, How It Benefits Nigerians and Strengthens Our Economy

Racheal A. ARD 16 September 2024

NNPC Ltd. has released new petrol prices from Dangote Refinery, with discounts passed directly to Nigerians. These changes bring affordable fuel, job creation, and long-term economic growth, empowering individuals and businesses to thrive. Introduction to the New Petrol Pricing The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the estimated pump

Dangote Refinery Petrol Loading. A Path to Economic Growth and Stability

Racheal A. ARD 15 September 2024

In preparation for the Dangote Refinery’s scheduled petrol loading – ARDnig The Nigerian government is launching local petrol production through the Dangote Refinery, starting September 15, 2024. This move aims to reduce import dependency, stabilize the Naira, and provide a more reliable fuel supply, benefiting the economy and the citizens. The Start of Local

Innovating for a Brighter Future, Empowering Nigerian Youth

Racheal A. ARD 13 September 2024

Empowering Nigeria Youth – ARDnig Nigerian youth face high unemployment rates and numerous challenges, but there is hope through innovation and skill development. At a recent seminar marking International Youth Day, experts highlighted the importance of acquiring essential skills and developing an innovative mindset. The focus is on turning challenges into

Nigeria’s N1.6 Trillion Kogi Steel Project, A Path to Growth and Opportunity 

Racheal A. ARD 12 September 2024

Dele Alake Minister of Solid Minerals Development- ARDnig The Federal Government’s N1.6 trillion steel project in Kogi is set to drive industrial growth and create jobs by promoting local value addition. This initiative ensures that Nigeria processes its raw materials locally, increasing exports of finished products, creating more jobs, and improving the trade