By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N36,024.66 billion in the first quarter of 2025. This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2025 released in Abuja on Wednesday. The NBS said that the figureContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has constituted a joint market monitoring taskforce to eliminate unsafe products and obnoxious business practices in FCT markets. Inaugurating the taskforce in Abuja on Wednesday, the Executive Vice Chairman of the Commission, Mr Tunji Bello, said that the moveContinue Reading
By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC) has announced that the Nigeria Public-Private Partnership (PPP) Summit 2025 will take place from June 17 to 18, in Abuja. Dr Jobson Ewalefoh, Director-General of ICRC, disclosed this in a statement issued by Ifeanyi Nwoko, Acting Head of Media and Publicity,Continue Reading
By Franca Ofili The Federal Government has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians each year in the dynamic field of foreign exchange (Forex) trading. Mr Ayodele Olawande, Minister of Youth Development, said during the ceremony in Abuja on Tuesday that the partnershipContinue Reading
By Taiye Olayemi The Nigerian Council of Registered Insurance Brokers (NCRIB) has urged President Bola Tinubu to prioritise insurance as a key driver in achieving a $1 trillion economy. Mr Tope Adaramola, Executive Secretary of NCRIB, made the call during an interview with the News Agency of Nigeria (NAN) onContinue Reading
By Salif Atojoko Sen. Atiku Bagudu, the Minister of Budget and Economic Planning, says the President Bola Tinubu administration has implemented bold reforms that have positioned the nation’s economy for sustained recovery and growth, despite short-term pain. The minister said this while addressing State House Correspondents after a courtesy callContinue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) says it is committed to upholding ethical standards and integrity in public procurement by promoting transparency, accountability and efficiency for national advancement and transformation. Dr Adebowale Adedokun, Director-General (D-G) BPP, said this in a statement issued by Zira Nagga, Head ofContinue Reading
By Taiye Olayemi Chairman, Nigerian Exchange Group, Dr Umaru Kwairanga, says the Nigerian Capital Market has experienced exponential growth since he assumed office in 2022. He reiterated the group’s commitment to deepening Nigeria’s capital market in alignment with President Bola Tinubu’s vision ofContinue Reading
By Taiye Olayemi Nigerian stock market continued its bullish trend on Thursday, ending the week with N1.157 trillion gain. Market capitalisation rose by N1.157 trillion, or 1.63 per cent, to close at N72.275 trillion, up from N71.118 trillion recorded on Wednesday. Similarly, the All-Share Index (ASI) rose by 1,835.02 points,Continue Reading
By Aisha Cole The Association of Maritime Truck Owners (AMATO) has reiterated its support for the electronic call-up automation system introduced by the Nigerian Ports Authority (NPA) to tackle gridlock on the Apapa and Tin-Can port access roads. The Secretary-General of the association, Mr Mohammed Sani-Bala, made the call afterContinue Reading
