By Rukayat Moisemhe Glovo, a leading technological multi- category platform, has generated a revenue of N71 billion for its local partners in Nigeria since its inception in 2021. The General Manager, Glovo Nigeria, Mrs Lamide Akinola, made this known in Lagos at the 2025 Future of Commerce Summit. The summitContinue Reading
By Rukayat Moisemhe The Nigerian-British Chamber of Commerce (NBCC) has unveiled the Nigerian-British Trade Centre to boost exports, attract investment, and increase market access between Nigeria and the UK. NBCC President, Mr Ray Atelly, at the launch on Thursday in Lagos, said the initiative would stimulate economic activities and strengthenContinue Reading
By Grace Alegba The Naira appreciated by ₦4.59 against the U.S. Dollar on Thursday, closing at ₦1,586.15 at the official foreign exchange market. Data from the Central Bank of Nigeria’s website showed that the Naira recorded a 0.28 per cent gain, indicating a slight but consistent upward trend. On Wednesday,Continue Reading
By Ese William The newly elected President of the African Development Bank (AfDB), Mr Sidi Ould Tah, has pledged to serve the continent with humility and a deep sense of duty. Tah said this in his acceptance speech delivered before African finance ministers, governors of the bank, and dignitaries atContinue Reading
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
