By Lucy Ogalue The Federal Government has called for increased local production of tyres and batteries to reduce Nigeria’s dependence on imports and conserve foreign exchange. The Director-General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, made the call at a Sensitisation Workshop for Nigeria Tyre and BatteryContinue Reading
By Salisu Sani-Idris President Bola Tinubu on Thursday inaugurated Nigeria’s National Halal Economy Strategy to tap into the $7.7 trillion global halal market and diversify its economy. Tinubu, while inaugurating the strategy, called for disciplined, inclusive, and measurable action for the strategy to deliver jobs, and shared prosperity across theContinue Reading
By Vivian Emoni The Federal Government on Thursday inaugurated the Oil and Gas Free Zones Authority (OGFZA) and the Nigeria Export Processing Zone (NEPZA) Governing Boards to drive industrial development and achieve double-digit economic growth by 2030. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, while inaugurating the boardsContinue Reading
By Okeoghene Akubuike Abuja, Feb. 4, 2026(NAN) The Republic of South Africa on Tuesday officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), Africa’s leading Multilateral Financial Institution, heralding deeper financial sovereignty. A statement by Vincent Musumba, Communications and Events Manager, Afreximbank, said the accession followedContinue Reading
By Taiye Olayemi The Nigerian Exchange (NGX) Group on Wednesday honoured the Inspector-General of Police (IGP), Mr Kayode Egbetokun, at its closing gong ceremony in Lagos. The recognition, according to the NGX Group, formed part of efforts to strengthen the fight against financial crimes and boost investor confidence inContinue Reading
By Okeoghene Akubuike Dr Adebowale Adedokun, Director-General, Bureau of Public Procurement (BPP), has urged procurement officers to stay abreast of ongoing procurement reforms to ensure efficiency, transparency, and accountability in public service delivery. Adedokun made the call at a meeting with procurement officers of the Directorate Cadre, Salary Grade LevelsContinue Reading
By Martha Agas An advocacy, the Customs Consultative Committee (CCC) has expressed support for the Nigeria Customs Service (NCS) in its drive to reduce clearance time by 40 per cent through improved digital integration. The Secretary of the CCC, Dr Eugene Nweke, made this known in an interview with theContinue Reading
By Martha Agas Stakeholders have continued to express mixed reactions over the 2026 budgetary allocation to the non-functional Ajaokuta Steel Company Limited (ASCL). They spoke to the News Agency of Nigeria (NAN) on Wednesday in Abuja. The ASCL established in 1979, is a critical asset conceived to drive Nigeria’s modernisation.Continue Reading
By Vivian Emoni The Organisation of Youth in International Trade and Commerce (OY-ITC) has called for a broader review of Nigeria’s non-oil export performance, following recent figures released by the Nigerian Export Promotion Council (NEPC). The NEPC had reported that non-oil export earnings rose by 11.5 per cent, from 5.46Continue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has commended the Federal Government for initiating the review of the National Policy on Food and Nutrition 2016 to 2025. Chief Emeka Obegolu, President of the ACCI, disclosed this while reacting to the ongoing policy overhaul on Wednesday inContinue Reading
