By Martha Agas President Bola Tinubu says coal mining is becoming one of Nigeria’s fastest-growing sectors. According to him, coal mining recovered dramatically from a 22 per cent decline in the first quarter to 57.5 per cent growth in the second quarter, becoming one of Nigeria’s fastest-growing sectors. Tinubu saidContinue Reading
Okeoghene Akubuike The Bureau of Public Procurement (BPP) has reaffirmed its commitment to fostering best procurement practices, and promoting trust and accountability in managing public resources. Dr Adebowale Adedokun, Director-General of BPP, said this in his Independence Day message on Wednesday in Abuja. “The BPP extends warm felicitations to PresidentContinue Reading
By Benjamin Gbadebo and Rukayat Moisemhe Manufacturers Association of Nigeria (MAN) has called for more commitment to the Nigeria First policy to boost real sector competitiveness, expand local production, and drive sustainable economic growth and development. Mr Francis Meshioye, President, MAN, made the callContinue Reading
By Lucy Ogalue The Federal Government on Tuesday inaugurated the ISO 37003:2025 Fraud Control Management Systems to strengthen business integrity and boost investor confidence in Nigeria. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, represented by Mrs Jachinma Agu, Deputy Director Reforms at the ministry, performed the inaugurationContinue Reading
By Kingsley Okoye Prof. Uche Uwaleke, President, Association of Capital Market Academics of Nigeria (ACMAN) says without a deliberate and coordinated strategy that strengthens institutions, fosters innovation and accelerates digital inclusion, Nigeria’s development goals will remain elusive. The professor also called for reforms to improve ease of doing business and Continue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) on Tuesday recorded 1.24 billion shares traded, valued at N29.8 billion, in 28,009 transactions. This is compared to 383.9 million shares worth N11.61 billion posted on Monday and exchanged in 28,114 deals. This marked an increase in the market value and volumeContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has urged all Africans to strongly trade, invest and build for a greater economic sustainability. Chief Emeka Obegolu, President of the chamber, made the call at the of 20th Abuja International Trade Fair (AITF), on Monday in Abuja. Obegolu saidContinue Reading
By Taiye Olayemi The equities market opened the week on a positive note on Monday, as investors gained N155 billion. Market capitalisation rose from N89.960 trillion on Friday to N90.115 trillion, representing a 0.17 per cent growth. Also, the All-Share Index gained 244.53 points to close at 142,377.56, against 142,133.03Continue Reading
By Rukayat Moisemhe Insolvency experts have called on banks and practitioners to align loan agreements and practices with the rescue provisions of the Companies and Allied Matters Act (CAMA) 2020. Mr Albert Folorunsho, the Vice President, Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), made the call at BRIPANContinue Reading
By Taiye Olayemi The National Pension Commission (PenCom) has reviewed the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to strengthen the financial stability of the pension industry. The commission disclosed this inContinue Reading
