By Okeoghene Akubuike The Nigeria Sovereign Investment Authority (NSIA) says it posted a Net return of N1.88 trillion for Financial Year 2024, up from the N1.18 trillion recorded in 2023. The Managing Director/CEO of NSIA, Aminu Umar-Sadiq, disclosed this while presenting its 2024 Earnings at a Media Engagement on WednesdayContinue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) says it is working to broaden access to market-based financing instruments for Small and Medium Enterprises (SMEs). Dr Emomotimi Agama, the Director-General of SEC, said this during a meeting with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), inContinue Reading
By Aisha Cole The Customs Area Controller, Nigeria Customs Service (NCS), PTML Command, Comptroller Tenny Daniyan, says the command generated N90.2 billion in Q1 2025. Daniyan revealed this during a management meeting held in Lagos. He stated that the Q1 2025 revenue exceeded that of Q1 2024, showing improved performance.Continue Reading
A representative of the National Agency for Food and Drug Administration and Control (NAFDAC) receiving handing over letter of the intercepted expired pharmaceutical products from Comptroller Joy Edelduok, Customs Area Controller, Kirikiri Lighter Terminal (KLT) Command of the Nigeria Customs Service (NCS), in Lagos. By Aisha Cole Comptroller Joy Edelduok,Continue Reading
By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has organised a landmark financial empowerment programme for selected cooperatives in 21 states across the country. Mr Charles Odii, SMEDAN’s Director-General, said this in a statement by Mr Moshood Lawal, Head, Corporate Affairs of SMEDAN, on WednesdayContinue Reading
By Ibukun Emiola No fewer than 20,000 Oyo State residents have benefited from the Federal Government’s interventions to Micro, Small and Medium Scale Enterprises (MSMEs) in the state. Dr Olasupo Olusi, the Managing Director/Chief Executive Officer (CEO) of Bank of Industry (BOI) said this in Ibadan at the Town HallContinue Reading
By Lydia Chigozie-Ngwakwe A delegation of around 40 Saudi Arabian companies kicked off Business-to-Business (B2B) meetings with Nigerian companies on Tuesday in Lagos, aiming to build partnerships and strengthen trade between the two countries. The event was organised by the Saudi Export Department, the Saudi trade mission to Nigeria.Continue Reading
By Martha Agas The European Union (EU) and Nigeria have indicated interest in boosting trade and investment in Nigeria’s solid minerals sector. This follows a meeting on Tuesday, where EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, led a delegation to the Minister of Solid Minerals Development, Dr DeleContinue Reading
By Constance Athekame The Federal Government says plans were on the way to offset the N4 trillion debt owed the Power Generation Companies (GenCos) for electricity generated. Mr Bola Tunji, Special Adviser, Strategic Communications and Media Relations, to the Minister of Power, made this known in an interview with theContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC), has raided and sealed some shops at Utako market for selling re-bagged and under-weight bags of rice. Sealing the shops in Abuja on Tuesday, Mrs Boladale Adeyinka, the Director, Surveillance and Investigations Department of FCCPC, said the raid followedContinue Reading
