By Lucy Ogalue The Nigerian Content Development and Monitoring Board (NCDMB) has retained its position as the best performing Federal Government agency in the transparency and efficiency ranking for the year 2023. Dr Jumoke Oduwole, Special Adviser to the President on Presidential Enabling Business Environment Council (PEBEC) and Investment, statedContinue Reading
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 Okeoghene Akubuike The National Bureau of Statistics (NBS), says that 24,673,485 children, accounting for 39.2 per cent of all children aged five to 17 years old in Nigeria are in child labour. The NBS said this in its Nigeria Child Labour and Forced Labour Survey Report for 2022, whichContinue 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 Adeyemi The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion. This increase follows eight consecutive sessions of losses. The market capitalisation, which opened at N56.447 trillion, rose by 0.10 per cent to reach N56.504 trillion by the close of trading. Similarly,Continue 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
