Nnewi to showcase gains of inward investment as industrial town marks centenary of monarch

Nnewi, an industrial town, plans to highlight the benefits of inward investments while celebrating the 100th anniversary of its monarch.

The industrial town of Nnewi is set to demonstrate the positive impacts of inward investments as it commemorates the centenary of its traditional ruler. This event underscores the town's growth and development through external funding and business activities. The celebration provides an opportunity for stakeholders to reflect on the economic progress achieved over the past century under the monarch's reign. No specific dates or additional details on the programme were mentioned in the announcement.

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North Korean leader Kim Jong-un inspects factories in South Phyongan Province, emphasizing economic progress ahead of openings.
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North Korea's Kim inspects regional factories ahead of opening

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North Korean leader Kim Jong-un inspected several regional factories ahead of their official opening, stressing that building such facilities is a 'gigantic revolution' to improve people's livelihoods. The visit took place in South Phyongan Province on Wednesday. South Korea's unification ministry views it as part of efforts to highlight achievements of the five-year economic plan before key party meetings.

Traditional rulers from Rivers, Imo, and Abia states have pledged to safeguard Nigeria's oil infrastructure to enhance national revenue. At a stakeholders' engagement in Port Harcourt, they praised Pipeline Infrastructure Nigeria Limited for improving security and community ties along the Trans Niger Pipeline. The event highlighted recent gains in oil production and community empowerment initiatives.

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Nigeria witnesses a surge in fresh investments within its oil and gas industry. This positive trend highlights growing interest from international players. Discussions at Davos 2026 underscore a rethinking of opportunities in the country.

The New Nigeria Peoples Party has inaugurated its new state executives in Gombe State. The move follows a consensus-based congress to strengthen the party.

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At the first Pravasi Rajasthani Diwas in Jaipur on Wednesday, Chief Minister Bhajan Lal Sharma urged non-resident Rajasthanis to play a role in building a modern and prosperous state. The event saw the groundbreaking of investment proposals worth ₹1 lakh crore. Union Minister Piyush Goyal noted that the diaspora has strengthened the state's identity through their efforts.

Japan's tourism ministry plans to strengthen financial support for municipalities' town development efforts using historical tourism resources starting in fiscal 2026. It intends to provide subsidies to a wide range of local governments for projects such as renovating old buildings and preserving traditional events. The goal is to create more attractive sightseeing areas nationwide to diversify inbound tourist destinations and curb overtourism in major cities.

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The Federal Government of Nigeria has conceded Enugu Airport, sparking expectations among stakeholders for significant improvements.

 

 

 

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