News

BATN Foundation Awards N25.5 Million to Young Agripreneurs

The BATN Foundation has awarded a total of N25.5 million in grants to 17 young agripreneurs as part of efforts to support youth-led businesses in Nigeria’s agricultural sector. The beneficiaries, selected under the Foundation’s 2026 Graduate Agripreneur Programme (GAP), each received N1.5 million in equity-free funding to help grow their agricultural ventures. The programme is […]

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Unstable Cocoa Prices Raise Fresh Concerns for Farmers

Cocoa Farmers Raise Alarm Over Persistent Price Volatility

African cocoa farmers have expressed growing concern over persistent fluctuations in global cocoa prices, warning that continued market instability is threatening livelihoods, discouraging investment, and slowing development across the cocoa value chain. The concern was raised by the Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) ahead of the Cocoa & Coffee Fiesta Lagos

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Great Idea, No Money: How Projects Can Still Succeed

Great Idea, No Money: How Good Projects Can Still Become Reality

Across Nigeria, thousands of promising projects never move beyond the idea stage. Some are community projects. Some are businesses. Others are educational initiatives, technology solutions, agricultural ventures, or infrastructure plans. In many cases, the problem is not a lack of ideas or ambition. The problem is funding. The question many project owners face is simple:

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CBN Scraps Pandemic-Era Dollar Account Restrictions as Forex Liquidity Improves

CBN Scraps Pandemic-Era Dollar Account Restrictions as Forex Liquidity Improves

The Central Bank of Nigeria (CBN) has removed several foreign exchange restrictions introduced during the COVID-19 pandemic, marking another step in its efforts to improve access to foreign currency and strengthen confidence in Nigeria’s foreign exchange market. The move comes as the apex bank says dollar liquidity has improved significantly, reducing the need for some

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Cross River Targets ₦150bn Agribusiness Investment Deal

Cross River Targets ₦150bn Agribusiness Investment, Secures ₦18bn Produce Offtake Deal

Cross River State has announced plans to attract ₦150 billion in agribusiness investments over the next six years as part of a broader strategy to transform agriculture into a major driver of economic growth, job creation, and food security. The target was disclosed during a stakeholders’ engagement on Project GROW, an agricultural development initiative aimed

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Nigeria’s Textile Industry Then and Now: Progress, Setbacks, and the Road Ahead

For decades, Nigeria’s textile industry was one of the country’s most important manufacturing sectors. Textile mills operated across major cities, cotton farmers supplied raw materials, and hundreds of thousands of Nigerians found employment in factories that produced fabrics for local use and export. At its peak, the industry was a symbol of industrial growth and

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Nigeria Once Had Africa’s Most Respected Universities. What Happened?

There was a time when Nigerian universities were among the most respected on the African continent. Students from different parts of Africa travelled to Nigeria in search of quality education. A degree from institutions like the University of Ibadan, Ahmadu Bello University, the University of Nigeria Nsukka, and later the University of Lagos carried prestige.

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The Problem With Projects That End at the Ribbon Cutting

Across Nigeria, it is not difficult to find projects that once attracted applause but now sit neglected. A newly commissioned water facility that no longer supplies water. A healthcare centre with broken equipment. Streetlights that stopped working months after installation. A community market that has gradually fallen into disrepair. For many Nigerians, these scenes have

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Nigeria Is Full of Abandoned Projects. Why Does This Keep Happening?

Travel across Nigeria and you are likely to come across them. A hospital building with no doors or windows. A road project that started years ago but never reached completion. A water scheme that no longer supplies water. A market project that has become overgrown with weeds. From cities to rural communities, abandoned projects have

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