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Exporter Rabiu Projects Bold Non-Oil Export Surge in Nigeria

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Non-Oil Export

Nigeria non-oil export growth projection as Ahmed Rabiu says Nigeria could scale exports from 15% to 80% with better business environment

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The Nigeria non-oil export growth projection was made during a business forum in Abuja where stakeholders gathered to review a new market survey outlining structural challenges and potential reforms needed to unlock the country’s export potential.

Also read: Fidelity Bank Empower Entrepreneurs To Play Big In The Non-Oil Export Market

Rabiu stated that while successive governments had introduced policies aimed at boosting non-oil exports, persistent bottlenecks in trade facilitation, infrastructure and regulatory processes had continued to limit performance.

He argued that with decisive policy implementation and improved ease of doing business, Nigeria could unlock what he described as a “trillion-dollar opportunity” across agriculture, solid minerals and value-added services.

According to him, exporters are currently operating far below capacity due to inefficiencies in the system, stressing that an improved operating environment could significantly expand production and international competitiveness.

The Nigeria non-oil export growth projection also highlighted the role of AfCFTA in opening wider continental markets, which he said could help diversify Nigeria’s revenue base and reduce dependence on oil earnings.

Rabiu further noted that Nigeria’s non-oil exports stood at $6.1 billion in 2025, up from $5.46 billion in 2024, describing the growth as positive but insufficient compared to the sector’s true potential.

Also read: Nigeria Non-Oil Export Data Rises to N3.17tn, as Data Gaps Fuel Debate

He expressed optimism that upcoming reforms could accelerate export expansion and position Nigeria as a major player in global non-oil trade if structural challenges are effectively addressed.

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ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026

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New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.

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Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.

The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.

The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.

ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.

“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”

Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.

“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”

With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.

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Airtel Africa Repurchases Over 7.7 Million Shares in Ongoing Buyback Programme

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Airtel Africa

Airtel Africa has repurchased over 7.7 million shares since May as part of its ongoing buyback programme aimed at reducing outstanding share capital (more…)

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UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026

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UBA Foundation

UBA Foundation tree planting initiative marks World Environment Day 2026 with sustainability drive across Lagos schools to promote climate action

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