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Lagos Secures Over $13 Trillion in Global Partnerships for Infrastructure, Expects $30 Million in SABER Disbursements by 2025

The Lagos State Government announced on Tuesday, May 13, 2025, that it has attracted partnership deals worth over $13 trillion for sustainable infrastructural investments across various sectors of the state’s economy over the past six years. Speaking during a ministerial press briefing to mark the second year of Governor Babajide Sanwo-Olu’s second term at Alausa, […]

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FG Projects N3 Trillion Annual Boost from ‘Nigeria First’ Procurement Policy

The Federal Government has emphasized the economic potential of President Bola Tinubu’s recently announced ‘Nigeria First’ procurement policy, projecting it could add approximately N3 trillion annually to the national economy. Speaking at a media briefing on Sunday, May 18, 2025, Minister of State for Industry, Trade and Investment, John Enoh, stated that the policy is […]

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BUA Group Freezes Cement Prices for Renewed Hope Projects, Reports Significant Food Price Drops

Abdul Samad Rabiu, Chairman of BUA Group, announced on Thursday, May 15, 2025, that the company will freeze cement prices for contractors involved in the Federal Government’s Renewed Hope agenda projects, a decision made in collaboration with Dangote Cement’s Aliko Dangote to support President Bola Tinubu’s economic recovery efforts. Speaking to journalists after meeting Tinubu […]

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House of Representatives Warns CBN on High Interest Rates Ahead of 300th MPC Meeting

The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates to curb inflation, as the CBN prepares for its 300th Monetary Policy Committee (MPC) meeting on May 19–20, 2025, in Abuja. During a meeting with the Statistician-General […]

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Herdsmen and Bandit Attacks Claim 33 Lives Across Benue, Imo, Kebbi, Ondo, and Kogi States

A wave of deadly attacks by herdsmen, bandits, and kidnappers over the weekend of May 17–18, 2025, left at least 33 people dead and several injured across Benue, Imo, Kebbi, Ondo, and Kogi states, exacerbating Nigeria’s ongoing security crisis. The incidents, reported by Vanguard and The Nation, highlight the persistent threat of armed groups exploiting […]

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