economic development

Nigeria's Biggest Infrastructure Spenders in 2026

States With the Largest Capital Project Budgets in 2026

Economy /

Infrastructure Spending Takes Center Stage Across Nigeria As Nigerian states continue to expand investments in roads, healthcare facilities, schools, transportation networks, and economic infrastructure, capital expenditure has emerged as a key indicator of development priorities in 2026. An analysis of approved and proposed state budgets shows that several states have allocated unprecedented amounts to capital […]

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Cascador Awards $5m to Nigerian Startups

Cascador Awards $5m to Nigerian Startups

Business /

Lagos, Nigeria — Cascador has announced a $5 million funding commitment to a select group of high growth Nigerian startups, in a move aimed at accelerating business expansion, innovation, and long term sustainability across the country’s entrepreneurial ecosystem. Funding to Drive Expansion and Growth The organisation said the support package is designed to help startups

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Is Nigeria's Economy Improving? What the Numbers Say

Is Nigeria’s Economy Turning a Corner or Are Nigerians Yet to Feel It?

Economy /

Nigeria’s economy is showing signs of improvement on paper. Government revenue is rising, economic growth forecasts have become more positive, and investors are beginning to show renewed interest in the country. To economists and policymakers, these are encouraging signals that the economy may be moving in the right direction. Yet for many Nigerians, a different

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Cross River Targets ₦150bn Agribusiness Investment Deal

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

Business /

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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More Young Nigerians Are Leaving in Search of Opportunities

More Young Nigerians Are Leaving in Search of Better Opportunities

Economy /

Across airports in Lagos, Abuja, Port Harcourt, and other major cities, a familiar story continues to unfold. Young Nigerians are leaving. Some are heading to the United Kingdom for postgraduate studies. Others are relocating to Canada, Australia, the United States, and several countries across Europe and the Middle East. For many, the journey represents more

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Africa's $100M Tech Investment Could Change Startup Growth

Africa Is Putting More Money Into Its Own Startups. Here’s Why It Matters

Business /

For years, one of the biggest challenges facing African startups has not been a lack of ideas. It has been access to capital. Across the continent, entrepreneurs have built businesses that are solving problems in finance, agriculture, healthcare, logistics, education, and technology. Many of these companies have gone on to attract international attention and millions

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