NMDPRA Assures Nigerians of Fuel Availability During Yuletide, Warns Against Panic Buying 

Adetutu A. ARD 20 December 2024

As the festive season approaches, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reassured Nigerians of the steady availability of fuel. The agency has advised against panic buying and urged caution in handling petroleum products to prevent fire hazards.  Fuel

Sukuk FG Raises N11 Trillion to Fund 124 Road Projects

Racheal A. ARD 16 December 2024

Sukuk and other Islamic finance instruments – ARDnig The Federal Government has raised N1.1 trillion through Sukuk to finance 124 road projects, impacting over 5,820 kilometers across Nigeria. The success of Islamic finance extends to mutual funds, Shariah-compliant stocks, and real estate investments. With government backing and fintech innovations, Nigerians have

Katsina Launches ₦5 Billion Women Empowerment Program to Strengthen the Economy 

Racheal A. ARD 18 November 2024

Katsina State Governor, Mallam Dikko Umar Radda – ARDnig The Katsina State Government has introduced a ₦5 billion initiative to empower women entrepreneurs and boost the economy. The program, which offers ₦30,000 grants to 7,000 women, focuses on supporting verified small businesses. Collaborative efforts and the ministry’s dedication ensure the initiative’s

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

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 […]

Okonjo-Iweala Praises Nigerians’ Entrepreneurial Spirit Amid Challenges 

Adetutu A. ARD 1 October 2024

As Nigeria marks its 64th Independence Anniversary, the Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has commended Nigerians for their resilience and entrepreneurial drive, despite the hardships facing the country.  Celebrating Nigeria’s Resilience  In a post on X.com (formerly Twitter) on Tuesday, Okonjo-Iweala highlighted the strength

Innoson Begins Delivery of CNG Buses to Nigerian Government

Racheal A. ARD 28 September 2024

Innoson Vehicle Manufacturing has delivered 25% of the 100 CNG-powered buses ordered by the Nigerian government to promote affordable, locally produced transportation. This initiative, led by President Tinubu, aims to reduce the impact of fuel subsidy removal while boosting local manufacturing and promoting eco-friendly transportation solutions. Innoson Delivers First

Afe Babalola to FG: Allow Dangote Sell Petrol at Lower Rates 

Adetutu A. ARD 23 September 2024

Dangote Refinery Afe Babalola, founder of Afe Babalola University (ABUAD) in Ado-Ekiti, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to allow Dangote Refinery to sell fuel directly to Nigerians at a lower rate. Babalola criticized NNPCL’s monopoly, saying it prevents Nigerians from benefiting from potentially lower fuel

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