By Lucy Ogalue Nigeria’s unemployment rate dropped to 4.1 per cent in the first quarter of 2023 from 5.3 per cent in the fourth of 2022. Mr Adeniran Adeyemi, the Statistician General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), said this on Thursday during theContinue Reading
By Collins Yakubu-Hammer The Chief Executive Officer (CEO) of Amaltech Technologies, Mr Shehu Abdullahi, on Thursday called for diversification of the economy through investment in semiconductor technology and chips production. Abdullahi in an interview with the News Agency of Nigeria (NAN) in Abuja said such would lead to job creationContinue Reading
By Deji Abdulwahab Some Non-Governmental Organisations (NGOs) have called on the Federal Government to increase Sugar-Sweetened Beverages (SSBs) tax to 20 per cent of the final retail price to reduce sugar consumption and NonCommunicable Diseases (NCDs). The Sugar-Sweetened Beverages Tax Coalition and Corporate and Public Participation Africa (CAPPA) gave theContinue Reading
By Rukayat Moisemhe Business community stakeholders on Wednesday, urged entrepreneurs and exporters on the integration of e-commerce to fully exploit the Africa Continental Free Trade Area (AfCFTA) 3.4 trillion dollars market. They spoke at a masterclass workshop and exporters on-boarding in Lagos with the theme: “Operationalising the AfCFTA Agreement forContinue Reading
By Rukayat Moisemhe Marble Capital Ltd., frontline Ethical and Islamic Fund Manager, is offering a N500 million Marble Halal Fixed Income Fund (MHFIF) an investment opportunity for risk-averse investors. Dr Akeem Oyewale, Marble Capital’s Managing Director, via a statement on Wednesday in Lagos, said the investment opportunity was for risk-averseContinue Reading
By Constance Athekame The Rural Electrification Agency (REA), says it has successfully deployed 103 mini grids across the country under the Nigeria Electrification Project (NEP). The agency said that the project which was being funded by the World Bank had made a significant milestone in its Solar Hybrid Mini-grid component.Continue Reading
By Kadiri Abdulrahman The Federation Account Allocation Committee (FAAC), has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils (LGCs) for July. This is contained in a communiqué issued at the end of FAAC.meeting for August, which was chaired by the Minister of Finance and CoordinatingContinue Reading
By Kelechi Ogunleye The Minister of Budget and Economic Plannig, Atiku Bagudu, says the present administration will strive to achieve double digit economic growth. Bagudu said this in his maiden address on assumption of office on Tuesday in Abuja. According to him, double digit economic growth has been the goalContinue Reading
By Salisu Sani-Idris Vice President, Kashim Shettima says President Bola Tinubu is committed on empowering Micro, Small and Medium Enterprises (MSMEs) for the development of the nation’s economy. Mr Olusola Abiola, Director Information Office of the Vice President, in a statement on Tuesday, said Shettima stated this in an interviewContinue Reading
By Rukayat Moisemhe The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is set to partner Nimbus Media Ltd., to provide N40 million in advertising support to 20 Small and Medium Enterprises (SMEs) owned by women. In a call for applications unveiled on Tuesday by Nimbus Media, the destinationContinue Reading
