By Okeoghene Akubuike The International Monetary Fund (IMF) says economic growth in Sub-Saharan Africa (SSA) is projected to rise from 3.4 per cent in 2023 to 3.8 per cent in 2024. Abebe Selassie, Director, African Department, IMF, said this at a news briefing on the IMF’s Regional Economic Outlook forContinue Reading
By Lucy Ogalue Stakeholders in Nigeria’s automotive industry have reiterated their commitment to grow the sector in order to ensure it contributes its quota to the country’s development. They spoke in Abuja at a dialogue on Automotive Component Manufacturing in Nigeria, organised by the National Automotive Design and Development CouncilContinue Reading
By Martha Agas A mining engineer, Josiah Stephen, has appealed to the Federal Government to invest in training young professionals in the geosciences sector to become major players in Deep Sea Mining (DSM). This is to enable them to become major players and contributors to the emerging industry of deepContinue Reading
By Rukayat Moisemhe Mr Hans Essaadi, Managing Director, Nigerian Breweries Plc, has said that the country’s market fundamentals in 2024 remained positive. Essaadi said this at the Pre-Annual General Meeting news conference organised by the company on Wednesday in Lagos. He noted that 2023 was characterised with economic volatilities suchContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) says it will intensify monitoring and enforcement in formal and informal markets to ensure that business owners do not unfairly inflate prices. Dr Adamu Abdullahi, the Acting Executive Vice Chairman of the Commission, was reacting to complaints by consumersContinue Reading
By Rukayat Moisemhe Africa’s Business Heroes (ABH) has announced the 2024 edition of its annual business pitch competition for entrepreneurs, to support their growth and development. The News Agency of Nigeria (NAN) reports that ABH prize competition is a pan-Africa philanthropic initiative sponsored by the Jack Ma Foundation and AlibabaContinue Reading
By Chinyere Joel-Nwokeoma The Women in Management, Business and Public Service (WIMBIZ) has called for increase in women representation in leadership positions in Nigeria. The Chairman of Board of Trustees of WIMBIZ, Ms Bisi Adeyemi, made the call at a news conference on Wednesday in Lagos. Adeyemi said that womenContinue Reading
By Rukayat Moisemhe The Dean, Lagos Business School (LBS), Prof. Chris Ogbechie, has highlighted the need for tailored support geared towards ensuring the longevity and continued success of family businesses. Ogbechie made the call in Lagos on Wednesday in a communique of a programme organised to assess and guard againstContinue Reading
By Lilian U. Okoro The May & Baker Nigeria Plc has reiterated its commitment to enhance healthy living of Nigerians through the production of quality and international standard medical products. The Managing Director of the company, Mr Patrick Ajah, made this known at the company’s 2024 Customer Forum on TuesdayContinue Reading
The Government of the People’s Democratic Republic of Algeria has signed the hosting agreement for the Intra-African Trade Fair 2025 (IATF2025). The Host Agreement Signing Ceremony took place in Algiers on Monday. The ceremony was hosted by Afreximbank in collaboration with the African Union, the African Continental FreeContinue Reading
