By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it has mobilised over N11 billion in financing support to small businesses in two years. The Director-General of SMEDAN, Charles Odii, told the News Agency of Nigeria (NAN) that the agency also facilitated more than 100,000Continue Reading
By Ese Williams Sidi Ould Tah of Mauritania has been elected as the new President of the African Development Bank (AfDB). Tah was elected on Thursday by the Bank’s Board of Directors at the bank’s annual meetings held in Abidjan, Côte d’Ivoire. The News Agency of Nigeria (NAN) reports thatContinue Reading
By Monday Ijeh The Sustainable Procurement, Environmental and Social Enhancement Center of Excellence (SPESSECE) has advocated for the adoption of e-procurement processes by government at all levels to curb corrupt practices. The SPESSECE coordinator for the FCT, Katsina, Jigawa and Sokoto States, Dr Lawal Salisu, stated this in an interviewContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO) says the recently issued Series VII Sovereign Sukuk valued at N300 billion attracted N2.205 trillion subscription. The DMO said this represents a 735 per cent subscription level, a clear evidence of the huge investor-appetite for the ethical instrument it introduced in 2017.Continue Reading
By Lucy Ogalue The Federal Government has expressed its commitment to unlocking the full potential of Nigeria’s industrial transformation through strategic human capital development. The Minister of State for Industry, Sen. John Enoh, expressed this commitment while inaugurating seven planning committees for the forthcoming National Industrial Manpower Summit in Abuja.Continue Reading
By Rukayat Moisemhe Mr Kayode Falowo, Chairman, Greenwich Merchant Bank, has urged organisations on the importance of multigenerational board composition to enhance innovation, support better corporate governance and drive resilience. He said this at the Chartered Institute of Directors Nigeria (CIoD)2025 Fellows’ Luncheon in Lagos. The News Agency of NigeriaContinue Reading
By Aisha Cole The Economic Community of West African States (ECOWAS) has commended the Nigeria Customs Service (NCS) for its innovative “B’Odogwu” Unified Customs Management System, a homegrown solution that enhances trade facilitation and revenue generation. Its Regional Trade Facilitation Committee (RTFC) of ECOWAS lauded the Comptroller-General of Customs, BashirContinue Reading
By Vivian Emoni The Federal Government has inaugurated Nigeria-East/Southern Africa Market Intelligence Tool (MIT) to strengthen trade leadership and accelerate Nigeria’s trade competitiveness under the African Continental Free Trade Area (AfCFTA). Dr Jumoke Oduwole, Minister, Trade, Industry and Investment, while inaugurating the MIT, in Abuja, said the effort was toContinue Reading
By Ese Williams Dr Akinwumi Adesina, outgoing President of the African Development Bank (AfDB), says hundreds of million lives were directly impacted during his 10-year stewardship of the regional development bank. Adesina disclosed this on Monday during a Media Welcome Breakfast that marked the beginning of the 2025 Annual MeetingsContinue Reading
By Ese Williams No fewer than 6,000 delegates have converged on Abidjan for the African Development Bank (AfDB) Group’s 2025 Annual Meetings. The News Agency of Nigeria (NAN) reports that a key highlight of the meetings will be the election of a new AfDB President to succeed Dr Akinwumi Adesina,Continue Reading
