U.S. envoy advocates enabling environment, access to capital for young start-ups

By Rukayat Moisemhe Michael Ervin, Senior Foreign Service Officer, United States Consulate, Lagos, says access to capital for young companies and an enabling environment for technology start-ups will enable new perspectives to Nigeria’s economic growth and development. Ervin made the call at the American Business Council (ABC) Economic Update onContinue Reading

Afreximbank subsidiary inaugurates Kigali office to address Africa’s 0bn equity financing shortfall

  By Okeoghene Akubuike The African Export–Import Bank (Afreximbank) has unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. This is contained in a statement issued by Vincent Musumba, Manager, Communications and Events, Afreximbank in Abuja on Wednesday. The statement said FEDA was established to tackleContinue Reading

Nigeria’s insurance guru’s appointment to NCDMB Governing Council, exemplary – UK firm

By Funmilayo Adeyemi Dr Alim Abubakre, British-Nigerian founder of TEXEM UK, a consulting firm in the United Kingdom, says the appointment of Olorundare Thomas to Nigerian Content Development and Monitoring Board (NCDMB) Governing Council is strategic and exemplary.   Thomas is Nigeria’s Commissioner for Insurance and Chief Executive Officer ofContinue Reading

Mining cadastre receives 10,805 applications since launch of electronic system-DG

By Martha Agas The Nigerian Mining Cadastre Office (MCO) says it has received 10, 805 applications for new mineral titles and modifications since the launch of its Electronic Mining Cadastre Systems (eMC+) in 2022. The Director General of MCO, Mr Obadiah Nkom, disclosed this during the organisation’s business session, atContinue Reading

Involve geoscientists in construction to tackle building collapse in Nigeria – NMGS President

By Martha Agas Prof. Akinade Olatunji, the President of the Nigerian Mining and Geosciences Society (NMGS), has urged Nigerians to involve geoscientists in every construction to address the increasing incidences of building collapse in the country. Olatunji made the call at the 59th Annual International Conference and Exhibition of theContinue Reading

Traditional rulers lament abject poverty in Plateau mining communities

By Martha Agas Gbong Gwom Jos, Da Jacob Buba, on Tuesday lamented pervasive poverty in communities hosting mining sites in Plateau. Da Buba, Chairman, Plateau Council of Traditional Rulers and Emirs, expressed the worries in Jos when he addressed the 59th Annual International Conference and Exhibition of the Nigeria MiningContinue Reading

Customs inaugurates programme to enhance trade 

  By Ginika Okoye The Nigeria Customs Service (NCS), has inaugurated an Authorised Economic Operators (AEO) programme to enhance efficiency and predictability of trade in the country. The Comptroller-General of NCS, Adewale Adeniyi, disclosed this at a stakeholders’ meeting on Tuesday in Abuja. Adeniyi said the programme would foster collaborationContinue Reading

FRC support for NASS revenue hearings yields N1.84trn – Chairman

By Kadiri Abdulrahman The Fiscal Responsibility Commission (FRC), says its provision of technical support to the revenue hearings conducted by the National Assembly, increased independent revenues by about N1.84 trillion. The Executive Chairman of the Commission, Mr Victor Muruako, stated this on Tuesday in Abuja at a one-day policy dialogue.Continue Reading