Tinubu named ‘Arterial Road N20’ in Abuja as ‘Wole Soyinka Way’ after the Nobel Laureate. The road connects various districts and enhances movement across the city. Tinubu praised Soyinka’s contributions to Nigeria. EKO HOT BLOG reports that President Bola Tinubu yesterday named the ‘Arterial Road N20’ in Abuja after Nobel Laureate, Prof. Wole Soyinka, renaming it … Read more
Lagos State and Caverton Marine have launched 15 Locally-Built Ferries. Sanwo-Olu emphasized the potential for marine transport in Lagos and outlined plans for a total of 25 ferries. The project aligns with global sustainable development goals, featuring ferries certified for safety, and aims to create an integrated transportation system in Lagos. EKO HOT BLOG reports that … Read more
The FG urges Nigerian businesses to utilize the ECOWAS Trade Liberalization Scheme (ETLS) to enhance exports. ETLS offers access to a market of over 400 million consumers in 15 ECOWAS member states, aiming to boost economic integration and trade. Nigeria has 946 enterprises with over 10,000 products. EKO HOT BLOG reports that the the Federal Government … Read more
Tinubu Set To Commission Critical Projects In Lagos. The project aims to enhance economic growth across eight states, ending in Calabar, Cross River State. The event was attended by prominent figures including governors, ministers, and National Assembly members. EKO HOT BLOG reports that President Bola Tinubu is currently at Victoria Island, Lagos, officiating the flag-off ceremony … Read more
Government Reassures on Pension Fund Integrity Safeguarding Workers’ Savings a Priority Responsible Investment Strategies Explored Eko Hot Blog reports that, addressing concerns, the Nigerian government categorically stated its commitment to safeguarding workers’ pension funds. In a statement, Finance Minister Wale Edun clarified, “The federal government has no intention to illegally access workers’ savings.” Editor’s Pick … Read more
Tinubu Approves New Role for Petroleum Minister. Ekpo’s appointment aims to ensure effective oversight of the nation’s gas assets. Tinubu’s commitment is to unlock Nigeria’s gas potential for economic growth. EKO HOT BLOG reports that President Bola Tinubu has given his approval for the appointment of Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), … Read more
Japan and India refute Biden’s “xenophobic” label, citing misunderstanding of their policies. Biden’s remarks made during fundraising event spark diplomatic tension. Both nations emphasize their openness and robust economic growth, countering Biden’s assertions. EKO HOT BLOG reports that Japan and India rebuked President Joe Biden’s characterization of them as “xenophobic” nations unwelcoming to immigrants, remarks … Read more
Governor Sanwo-Olu announces partnership with Antigua and Barbuda Collaboration focuses on entertainment, arts, culture, and technology Shared interests and economic growth potential drive the alliance Eko Hot Blog reports that during a meeting with the Prime Minister of Antigua and Barbuda, Hon. Gaston Alfonso Browne, at the State House Marina, Governor Babajide Sanwo-Olu announced a … Read more
Governor extols workforce as backbone of vibrant Lagos Vows to improve working conditions, create more jobs Says administration remains committed to brighter future for all Eko hot Blog reports that in a rousing Workers’ Day message, the Executive Governor of Lagos State, Babajide Sanwo-Olu, paid glowing tribute to the hardworking individuals who drive the economic … Read more
FG Seeks Partners For Nigerian Oil & Gas Boom. Gbenga Komolafe of NUPRC highlights technical and financial prerequisites for block acquisition. $3 billion investment earmarked for Nigerian Gas Flare Commercialisation Programme. EKO HOT BLOG reports that the Federal Government has initiated the 2024 oil bid round, offering 12 oil blocks along with seven deep offshore blocks … Read more
Tinubu-led Government plans to bar politicians guilty of tax evasion from running for elective offices. Taiwo Oyedele reveals the government’s intentions at a strategic retreat. Nigerian Investment Promotion Commission reports a rise in companies benefiting from tax exemption under the Pioneer Status Incentive scheme. EKO HOT BLOG reports that the Bola Tinubu-led Government intends to … Read more
Eko Hot Blog reports that President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation’s economy to new heights. The National Single Window simplifies government trade compliance through a digital platform. According to a statement from the presidency, the initiative will modernise the way trade is … Read more
– Nigeria and South Africa are collaborating for economic growth. – The cooperation between the two nations will stimulate development. – Their joint efforts aim to benefit both countries’ economies. Eko hot blog reports that Kingsley Obiukwu, the Group Managing Director of Bolton White Hotel, highlighted the potential for economic growth through collaboration between Nigeria … Read more
Eko Hot Blog reports that the economic achievements of President Bola Tinubu have received praise from the Mayor of Blanco, Texas, United States of America, Mike Arnold, along with NBA team officials. During a reception held in honour of former Nigerian presidential aide and author, Reno Omokri, Arnold expressed his admiration for the Naira’s floating and the … Read more
Play Your Part, Prayers Will Not Fix Nigeria – Presidency Aliyu Audu underscores collective action in overcoming Nigeria’s challenges. President Tinubu approves Renewed Hope Infrastructure Development Fund to drive comprehensive development across critical sectors. EKO HOT BLOG reports that the Nigerian Presidency emphasized the administration’s resolve to address the country’s infrastructural deficit on Tuesday, urging citizens … Read more
EU launches €9 million projects to improve Nigeria’s energy sector. Focus on small hydropower and circular economy practices. Aims to boost energy accessibility and sustainability in Nigeria. EKO HOT BLOG reports that continuing its commitment to enhancing Nigeria’s energy sector, the European Union has launched two new projects valued at €9 million. The announcement was made … Read more
EKO HOT BLOG reports that the Federal Government has said a total of N160 billion was budgeted for the Consumer Credit Scheme and implementation of the Student Loan Scheme in the 2024 budget. The Minister of Budget and Economic Planning, Atiku Bagudu, made the disclosure on Thursday at a press briefing in Abuja. EDITOR’S PICKS BREAKING: … Read more
EKO HOT BLOG reports that President Bola Tinubu has highlighted the importance of cooperation for economic growth in West Africa, noting that the lack of collaboration between Nigeria and Benin Republic has hindered shared development. During a meeting with Benin Republic’s President, Patrice Talon at the State House in Abuja, President Tinubu pointed out the … Read more
EKO HOT BLOG reports that Vice President Kashim Shettima, on Thursday, visited Anambra State and commissioned some projects. After arriving in the state, the vice president commissioned some projects, including the Ijele 93.1 FM Radio Station, Phase Two of the SEOF Touch-a-Life Housing Project and the AEMSL Meter Factory, in Anambra State. Speaking during the … Read more
EKO HOT BLOG reports that the Federal Government, on Friday, flagged off the Presidential Compressed Natural Gas Initiative (PCNGI), with seven conversion centres across Nigeria. This online media platform gathered that multiple conversion centres would be established by the government across the country in the next two weeks. EDITOR’S PICK Lagos Assembly Approves Nominees For … Read more