By Okeoghene Akubuike Dr Adebowale Adedokun, Director-General (D-G), Bureau of Public Procurement (BPP), says plans are underway to begin issuing practice licenses for individuals conducting procurement training. Adedokun said this in a statement issued by Zira Nagga, Head of Public Relations, BPP, in Abuja on Tuesday. He spoke at the NigerianContinue Reading
By Okeoghene Akubuike The Nigeria Sovereign Investment Authority (NSIA) has announced the winners of the third edition of the NSIA Prize for Innovation (NPI 3.0). The winners were announced in a statement by Joyce Onyegbula, Head Corporate Communications, NSIA, following an intense pitch session at the recent NPI 3.0 DemoContinue Reading
By Rukayat Moisemhe The Centre for the Promotion of Private Enterprises (CPPE) has projected that Nigeria’s Gross Domestic Product (GDP) could reach an estimated $450 billion by year-end, driven by ongoing economic recovery. CPPE’s Chief Executive Officer (CEO) and an economist, Dr Muda Yusuf, made this known on Sunday inContinue Reading
By Taiye Olayemi Stock market investors traded 4.847 billion shares worth N149.755 billion in 174,267 transactions on the floor of the Exchange during the week ended. This is in contrast to 3.691 billion shares valued at N112.261 billion that exchanged hands last week in 138,250 transactions. Consequently, the value ofContinue Reading
By Taiye Olayemi The equities market sustained its positive momentum throughout the week, closing with N948 billion gain. The performance was driven by sustained buying interest in stocks like UAC of Nigeria, BUA Cement, Beta Glass, Legend Internet Plc and 30 other stocks. Market capitalisation rose by N948 billion, orContinue Reading
By Emmanuella Anokam The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has urged the Federal Government to intervene in Dangote Refinery’s move to supply petroleum products directly to consumers and its effect on current distributors. NOGASA said the move by the refinery to bypass the traditional distributionContinue Reading
By Muhyideen Jimoh The Federal Executive Council (FEC) has approved N68.7 billion for key electricity projects in universities and teaching hospitals across Nigeria. Minister of Power, Adebayo Adelabu, disclosed this after Thursday’s FEC meeting, chaired by President Bola Tinubu at the State House, Abuja. He said the projects reflectContinue Reading
By Joy Akinsanya The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to introduce reforms that will support the growth and development of local industries in the country. The association made the call at the 40th Annual General Meeting of MAN, Ogun branch,Continue Reading
By Ginika Okoye Some capital experts have expressed optimism that high yield Federal Government securities and banking recapitalisation inflow will attract investment and sustain economic growth in the second half (H2) of 2025. They said this at a webinar with the theme: “Mid-Year 2025 Macroeconomic Review and Outlook for H2 2025,” organisedContinue Reading
By Muhyideen Jimoh President Bola Tinubu has approved a one-year extension for the Comptroller-General of Nigeria Customs Service (NCS), Adewale Adeniyi, whose tenure was due to expire August 31. The announcement was made in a statement issued by the Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. According toContinue Reading
