Lagos allocates N25bn for SME development projects
Governor Babajide Olusola Sanwo-Olu of Lagos State has announced that approximately N25 billion has been disbursed to Small and Medium Enterprises through…
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Tinubu reveals reason for suspending import duties
President Bola Tinubu has offered insights into his decision to temporarily suspend import duties on selected food items, aiming to alleviate food…
AfDB President Adesina criticizes border opening for food imports
President of the African Development Bank Dr. Akinwunmi Adesina, has criticized Nigeria’s recent decision to open its borders to extensive food imports,…
Dangote refinery to receive Brazilian crude cargo
The Dangote Petroleum Refinery will receive a shipment of Brazilian oil, according to Bloomberg’s report on Friday. This import will add to…
AfDB’s Adesina urges youths to invest in Nigeria’s agribusiness
President of the African Development Bank, Dr Akinwumi Adesina, on Friday pushed youth investment in Nigeria’s agribusiness. This was disclosed by adeshina…
Declining oil output threat to Nigeria’s N18tn revenue projections – Expert
The founder of the Centre for the Promotion of Private Enterprise and immediate Past Director General of the Lagos Chamber of Commerce…
Jumia’s shares rise to 55% as investor confidence grows
The Pan-African e-commerce giant, Jumia, has experienced a remarkable 55% surge in its share price over the past five days, closing trading…
SEC approves NGX digital investment platform
Securities and Exchange Commission has approved the Nigerian Exchange Group’s Invest, a digital platform meant to facilitate public offerings and rights issues…
UNDP set up HerAfCFTA initiative with $1m seed investment
The United Nations Development Programme established the HerAfCFTA program in Nigeria with a $1 million seed investment to promote women’s empowerment within…
SMEDAN, NIPOST partner to lower logistics costs for SMEs
The Small and Medium Enterprises Development Agency of Nigeria has stated that it is collaborating with the Nigeria Postal Service to drive…
60% Public officers employed via bribery, nepotism 2020/2023 – NBS
The National Bureau of Statistics has said at least 60% of public sector personnel were employed through nepotism, bribery, or both between…
Geregu Power declares N30.2b profit, up by 145% in 6 months
Geregu Power Plc reported a pre-tax profit of N30.2 billion in the first half of 2024, up 145% year on year from…