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    Kapital FM 92.9 The Station that Rocks!

Economy

195 Results / Page 8 of 22
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Economy

Turkey Strengthens Diplomatic, Economic Ties with FCTA as Amb.Poroy Visit Wike

The Federal Capital Territory (FCT) Minister, Nyesom Wike, on Monday received the Ambassador of the Republic of Turkey to Nigeria, Mehmet Poroy, in Abuja, marking a renewed commitment to deepen diplomatic and economic cooperation between both countries. Ambassador Poroy, who arrived in Nigeria nearly six months ago, said although he is yet to formally present his credentials, he considered it important to pay an early courtesy visit to the FCT […]

todayNovember 17, 2025

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Economy

Weaving Festival : Experts Harp On Harnessing Sector For Economic Development

Stakeholders in the arts and crafts industry from Botswana, Burkina Faso and Ghana have converged on Abuja for the third edition of the African Weaving Festival, AWef 2025. Declaring the 3 day Weaving Festival open, the Permanent Secretary, Social Development Secretariat, Mrs Olubunmi Olowookere commended the organizers of the programme for showcasing the unique arts and crafts weaving industry towards promoting African culture and empowering artisans most especially women who […]

todayNovember 14, 2025

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Economy

House Launches Investigation Into DFIs’ Management Of ₦12 tr

The House of Representatives has launched an investigation into the management of ₦12 trillion allocated to the country’s Development Finance Institutions (DFIs) over the past seven years. Consequently, the House inaugurated an ad hoc committee to examine the operations, funding, and performance of the institutions, which include the Bank of Industry, Bank of Agriculture, and the Nigeria Export-Import Bank. Speaking at the inauguration in Abuja, Committee Chairman Chidi Obetta said […]

todayNovember 13, 2025

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Economy

Africa’s Economic Survival Depends On Patriotic Leaders – Wike

Africa’s economic survival and global relevance largely depend on the emergence of patriotic leaders who will intentionally invest in infrastructure that prioritizes productivity, inclusion, and self-reliance. The Minister of the Federal Capital Territory (FCT), Dr. Nyesom Wike, stated this during the 2025 Innovate Africa Conference held in Abuja. He also stressed the importance of human capital development (HCD). Wike lamented that the continent stands at a historic crossroads, endowed with […]

todayOctober 23, 2025

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Economy

Failure To Comply With Petroleum Act Undermines Economic Growth In Imo- Reps

The House of Representatives has warned that the failure of oil and gas companies to comply with petroleum and local content laws is depriving Imo State of jobs, revenue, and community development. This followed the adoption of a motion by a member from Imo State, Chike Okafor during plenary, which alleged that several oil firms had failed to establish operational offices in Imo or employ qualified local workers as required […]

todayOctober 16, 2025

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Economy

FG To Strengthen Foreign Reserves Through Gold Acquisition Prog

The federal government has reaffirmed its commitment to strengthening Nigeria’s foreign reserves through an innovative gold acquisition program that eliminates the need for dollar sourcing. Minister of Solid Minerals Development, Dr. Oladele Alake, stated this at the ongoing 10th edition of the Nigeria Mining Week in Abuja. According to Dr. Alake, the program—which began in August and is being driven by the Solid Minerals Development Fund (SMDF) is designed to […]

todayOctober 15, 2025

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Economy

FG Will Continue To Partner The Creative Industry – Musawa

In a bid to boost economic development in the country, the federal government has restated its commitment towards ensuring that the creative industry is given the necessary support. The Minister of Arts, Culture and Creative Economy, Hannatu Musawa, stated this in Abuja during the official unveiling ahead of the 2025 Zuma International Film festival (ZIFF). The Minister explained that the Federal Government would continue to work assiduously with the creative […]

todayOctober 14, 2025

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Economy

Register All Lease Agreements With ELRA To Strengthen Economy – ELAN

The Equipment Leasing Association of Nigeria (ELAN) has urged lessors and leasing companies to register all lease agreements with the Equipment Leasing Registration Authority (ELRA), describing the move as crucial to strengthening Nigeria’s economy. This is contained in a statement made available to newsmen in Abuja by Head, Media and Corporate Communication, ELRA. Adebola Brookslyn Sunday. According to the statement, the Executive Secretary of ELAN, Mr Andrew Emonuwa, said leasing […]

todayOctober 6, 2025

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Economy

UNGA: Mahmoud Projects Abuja As Hub For Smart City Innovation

Dr. Mariya Mahmoud, the FCT Minister of State, has called on the U.S. to deepen collaboration with Nigeria in smart cities, housing, and ICT sectors, for the benefit of both continents. The Minister made the call at the 8th edition of the US–Africa Business Week 2025 held on the sidelines of the 80th United Nations General Assembly, UNGA, in New York. Mahmoud highlighted Abuja as a strategic hub for investment […]

todaySeptember 25, 2025