UK deepens digital partnership with Nigeria to drive inclusive economic growth - ITREALMS

The United Kingdom government has announced a major expansion of its bilateral collaboration with Nigeria, launching a robust suite of technical and regulatory initiatives under the UK’s flagship Digital Access Programme to accelerate the country’s burgeoning digital economy, reports ITREALMS.

At the core of this deepened partnership is the introduction of the State-level Policy, Regulatory and Institutional Reforms Enabling Digital Transformation (SPRIRET) initiative. The project was officially unveiled following a diplomatic visit by the UK Minister for Africa and International Development, Baroness Chapman MP.

Nigeria’s innovation flywheel: Turning early AI uptake into economic acceleration by Deen Yusuf - Commentary@ITREALMS

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Nigeria has never struggled with ingenuity. It is a place where innovation grows from necessity, and where developers, entrepreneurs, and problem solvers consistently push past limitations to build what does not yet exist.

But in the era of artificial intelligence, ingenuity alone is no longer enough. The nations that will lead are those that not only innovate, but also ensure AI reaches workers at every level of the economy, because innovation without diffusion is simply potential left on the shelf.

Dangote Refinery debunks PMS importation claims, slams economic saboteurs - ITREALMS

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Dangote Petroleum Refinery has issued a forceful clarification regarding its operations, categorically refuting reports that it imports finished Premium Motor Spirit (PMS) into Nigeria, reports ITREALMS.

The refinery management described recent publications, including reports attributed to S&P Global and various newspaper advertisements, as a gross distortion of the Nigerian refining landscape.

NDPC hits global milestone: 23,000 jobs created, ₦7.2bn economic value generated - ITREALMS

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The Nigeria Data Protection Commission (NDPC) has attained significant global momentum by prioritizing the privacy rights of the nation's teeming population, reports ITREALMS.

This progress was detailed by the National Commissioner and CEO of the NDPC, Dr. Vincent Olatunji, during his virtual remarks at a media chat and capacity-building event held at the Marriott Hotel in Ikeja.

Shell showcases decades of economic impact and energy future @NAPE 2025 - ITREALMS

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Shell is reinforcing its long-term commitment to Nigeria's economy and energy security by prominently featuring its extensive contributions at the 2025 International Conference and Exhibition of the Nigeria Association of Petroleum Explorationists (NAPE), reports ITREALMS.

The exhibition, which commenced yesterday in Lagos, coincides with the 50th anniversary of the professional body, founded in 1975.

Fasuyi applauds Tinubu’s economic reforms - ITREALMS

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The narrative of Nigeria’s economy, long dominated by imports, fuel queues, and mounting debt, is beginning to shift, according to a management consultant and community leader, Asiwaju Olayinka Fasuyi, during his interview on the Arise Morning Show.

Fasuyi, who is also the founder of a business school in Ibadan, commended President Bola Ahmed Tinubu for insisting that Nigeria must produce what it consumes. 

NEC endorses NASENI's solar-powered irrigation pumps for nationwide rollout - ITREALMS

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The National Economic Council (NEC) has endorsed the National Agency for Science and Engineering Infrastructure's (NASENI) solar-powered irrigation pumps for nationwide rollout ahead of the 2025 dry-season farming, reports ITREALMS.

This decision, made at NEC's 152nd meeting held at the Presidential Villa in Abuja, highlights the council's confidence in NASENI's ability to deliver homegrown, energy-efficient solutions to Nigeria's food security challenges.

WAIFEM DG, Baba Musa, emerges 45th President of Nigerian Economic Society - ITREALMS

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The Director General of the West African Institute for Financial and Economic Management (WAIFEM), Dr. Baba Yusuf Musa, has been elected as the 45th President of the Nigerian Economic Society (NES), reports ITREALMS.

Dr. Musa, who until his election was Vice President and Council Member of the Society, succeeds Professor Adeola Adenikinju at the close of the NES 66th Annual Conference in Abuja on Thursday. His election is seen as one of the high points of the gathering which brought together top policymakers, academics, and global thought leaders.

Economic Transformation: Shettima, AfDB President, Makinde launch major agribusiness hub - ITREALMS

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In a significant boost to Nigeria's agricultural landscape, Vice-President Kashim Shettima, African Development Bank (AfDB) President Dr. Akinwumi Adesina, and Oyo State Governor 'Seyi Makinde today broke ground for the Oyo State Agribusiness Industrial Hub in Ijaiye. 

This landmark project, part of the Special Agro-Industrial Processing Zone (SAPZ) initiative, promises to unlock immense economic potential, create jobs, and bolster food security across the region.

WorldStage Economic Summit 2025 set to address low productivity in Nigeria - ITREALMS

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World Stage Limited, a research and technology driven Africa focused firm has announced that preparations are in top gear for the WorldStage Economic Summit (WES) 2025 with the theme: Tackling the Issue of Low Productivity in Nigeria.

WES is conceived to address economic challenges through diagnoses and application of practicable solutions with public and private sector engagement in a research and innovation driven platform to inspire new thinking in business initiative, policy formulation cum implementation, economic reform and development.

Makinde's infrastructure drive transforms Oyo into South-West economic hub - ITREALMS

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The Oyo State is rapidly emerging as the South-West's new economic powerhouse, a transformation directly attributed to Governor 'Seyi Makinde's visionary infrastructure development, according to Hon. Abdulmojeed Olawale Mogbonjubola, Commissioner for Public Works, Infrastructure and Transport. 

Speaking at the Omituntun 2.0 Inter-Ministerial Press Briefing, the Commissioner affirmed that the state's delivery of high-impact roads, hydraulics, and strategic transport policies has firmly established it as a prime destination for investors.

Leadership Insights: Adetola Adegbayi unveils roadmap to good retirement amid economic challenges - ITREALMS

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In a bid to demystify the complexities of retirement planning, Adetola Adegbayi, founder of Mutual Specialists, has outlined critical steps to achieving a secure retirement despite prevailing economic headwinds, reports ITREALMS.

Speaking at the 2025 Inspenonline Retirement Summit in Lagos, Adegbayi, the keynote speaker, shared practical insights on how to navigate the challenges of retirement planning.

ABoICT Awards 2025: Celebrating ICT’s role in Nigeria’s economic growth - ITREALMS

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The Information and Communication Technology (ICT) sector in Nigeria has experienced tremendous growth over the past two decades, significantly contributing to the country's GDP and transforming various aspects of society.

The sector's impact on the economy, education, healthcare, and governance has been profound, with numerous organizations and individuals playing key roles in its development.

N2.4B: We've achieved economic stability says Makinde - ITREALMS

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The Oyo State governor, 'Seyi Makinde, has said that his administration has been able to bring about a level of economic stability in the state with the monthly payment of about N24 billion in salaries to state and local government workers.

He added that his government's commitment to expanding the economy of the state has also been yielding results in terms of private sector investments, as more private sector players have become comfortable investing in the state.

Inspenonline summit'25 to unearth 'good retirement amid economic headwinds' - ITREALMS

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Exposure on solutions to attainment of good retirement amid current economic headwinds, will be the focus in the forthcoming 2025 Inspenonline Retirement Summit, reports ITREALMS.

The event theme: Attaining Good Retirement Amid Economic Headwinds' and the second edition in the series, will hold on Wednesday, May 7, 2025 at Nigeria Employers Consultative Association, NECA House, Plot A2, Hakeem Balogun Street, Central Business District, Alausa Ikeja, Lagos, starting by 9:00AM prompt.

Economic realities: ALTON demands tariff review for sustainability - ITREALMS

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The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has called for imminent tariff review to reflect the economic realities of delivering telecom services at a minimum cost and for industry sustainability, reports ITREALMS.

ALTON chairman, Engr. Gbenga Adebayo made this call in an address at the End-of-Year Dinner with Industry Stakeholders on Sunday 29th December 2024, entitled ‘Before the final call – Telecom – As Sector Under Siege’ said that without this, operators cannot continue to guarantee service availability.

VP Shettima visits Shell stand @30th Nigeria Economic Summit - ITREALMS

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The Vice President, Kashim Shettima, accompanied by other dignitaries visited the Shell booth at the 30th Nigeria Economic Summit, where he listened to Chidi Nkazi, Shell’s Business Value Manager explain Shell companies in Nigeria’s contribution to the Nigerian economy, local content development and commitment to sustainable development. 

Chidi presented key achievements of Shell Companies in Nigeria (SCiN) to the Vice President, underlining Shell’s role in fostering economic growth through tax contributions, job creation and support for local businesses.  

WES 2024: NCC, SEC, NASENI chiefs, professors to discuss business and economic recovery @Ibis Hotel - ITREALMS

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All is set for the annual WorldStage Economic Summit in Lagos on Wednesday, September 25, 2024 with the participation of top business and public executives which include Dr. Aminu Maida, EVC/CEO, Nigerian Communications Commission (NCC); Dr. Emomotimi Agama, Director General, Security and Exchange Commission (SEC); Mr. Khalil Halilu, EVC/CEO, National Agency for Science and Engineering Infrastructure (NASENI), among others.

World Stage Limited, the organiser of the summit in a statement said WES 2024 with the theme “Nigeria: Setting a Stage For Business And Economic Recovery” will now hold at the Ibis Hotel, 23 Toyin Street, Lagos, instead of the Event Centre, Nigerian Exchange earlier announced.

UNCTAD chief urges stronger collective action to transform global south’s economic future - ITREALMS

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At a high-level forum in Indonesia, Rebeca Grynspan emphasized the need for strong partnerships to overcome deficits in growth, trust and hope, while also calling for greater investment and more resilient supply chains for developing countries.

At the High-level Forum on Multi-stakeholder Partnerships in Indonesia, UN Trade and Development Secretary-General Rebeca Grynspan emphasized the urgent need for transformative collective action from all stakeholders to tackle the Global South’s development challenges.

WorldStage Economic Summit 2024 to address business and economic recovery - ITREALMS

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With Nigeria’s economy still struggling to shake off the impacts of serious challenges such as COVID-19, Naira re-denomination, fuel subsidy removal among others, WorldStage Economic Summit has resolved to focus on “Nigeria: Setting a Stage For Business And Economic Recovery” as the theme for the 2024 edition.

World Stage Limited, the organiser of the annual summit in a statement said WES 2024 will hold on September 25, 2024 at the Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos.