By Monday Ijeh Alhaji Abdul Rabiu, Chairman, BUA Group, has called on African governments and other stakeholders to urgently shift the continent’s economic model from raw materials extraction to large-scale processing/industrial transformation. Rabiu spoke on Tuesday at high-level mining forum convened by the Africa Finance Corporation (AFC), in Cape Town,Continue Reading
By Isaiah Eka Gov. Umo Eno of Akwa Ibom says his administration is reviving maritime infrastructure in the state to grow the blue economy. Eno said this at the maiden edition of the Niger Delta Blue Economy Investment Summit in Ikot Ekpene on Tuesday. Represented by Mr Uko Udom, theContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has urged the establishment of a single, harmonised national register for beneficial ownership to strengthen Nigeria’s anti-corruption framework and improve the fight against corporate and financial crimes. The Registrar-General of CAC, Mr Hussaini Magaji, made the call during the commission’s 35th anniversaryContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has approved free business name registration for 3,500 small businesses across the 36 states and the Federal Capital Territory. The Registrar-General, Mr Hussaini Magaji, disclosed this in Abuja during the commission’s 35th anniversary celebration. Magaji said the initiative underscored the commission’s commitmentContinue Reading
By Kadiri Abdulrahman The Nigeria Revenue Service (NRS), formerly known as the Federal Inland Revenue Service (FIRS), broke its record revenue collection performance, posting N28.3 trillion to surpass the set target of N25.2 trillion for the year 2025. This was disclosed on behalf of the NRS Executive Chairman, Zacch Adedeji,Continue Reading
By Kadiri Abdulrahman (NAN) The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has urged Nigerians to rely more on what the country produce to check revenue wastages. Edun made the call on Tuesday in Abuja at the first leadership retreat of the Nigeria Revenue ServiceContinue Reading
By Taiye Olayemi Shareholders of Universal Insurance Plc have approved resolutions authorising the company to raise up to N15 billion in fresh capital to meet the minimum capital requirement set by regulators. The approvals were given at the company’s Extraordinary General Meeting (EGM), according to a statement signedContinue Reading
By Lucy Ogalue The Federal Government has commended the Corporate Affairs Commission (CAC) for continuing to drive private sector growth and boost investors’ confidence through sustained reforms and digital transformation. The Permanent Secretary, Ministry of Industry, Trade and Investment, Amb. Nura Rimi, said this at the 35th anniversary celebration ofContinue Reading
By Alex Enebeli The Accountant-General of the Federation (AGF), Dr Shamseldeen Ogunjimi, says the inflow into Federation Account rose to N35 trillion in 2025, a significant increase from N27 trillion in 2024. Ogunjimi, represented by the Director Federation Account, Mrs Rita Okolie, disclosed this during the Federation Account Allocation CommitteeContinue Reading
By Kingsley Okoye The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, says the ministry generated over $500 million dollars in export revenue in 2025 from industrial development and diversification of the economy. Oduwole made the disclosure when she appeared before the Senate Committee on Trade and Investment onContinue Reading
