By Lucy Ogalue The Minister of State for Industry, Sen. John Enoh, says Nigeria’s sugar industry must meet its domestic production target in line with the objectives of the National Sugar Master Plan (NSMP). Enoh made this known during a high-level stakeholders’ meeting on Wednesday in Abuja. The National SugarContinue Reading
By Joan Nwagwu The Nigeria Employers Consultative Association (NECA) says President Bola Tinubu’s reforms in the economic sector align with the desires of the Organised Private Sector(OPS). Mr Adewale-Smatt Oyerinde, the Director General of NECA said this on Wednesday in Abuja, at the 2025 edition of the Employers Summit, organisedContinue Reading
Okeoghene Akubuike Africa recorded a growth rate of 3.2 per cent in 2024, in spite of the challenging global environment, says Afreximbank Research Report. Dr Yemi Kale, Group Chief Economist, Afreximbank, disclosed this while presenting the 2025 African Trade and Economic Outlook (ATEO) Report at the Afreximbank 32 Annual MeetingsContinue Reading
By Taiye Olayemi The Nigerian stock market closed on a positive note Wednesday, adding N1.185 trillion to its value. Market capitalisation surged by 1.57 per cent to reach N76.761 trillion, up from N75.576 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) rose by 1,466.87 points, or 1.22 per cent,Continue Reading
By Raji Rasak The Seme Command of the Nigeria Customs Service (NCS) generated N3.5 billion in revenue between January and May. The Controller of the command, Dr Benedict Oramalugo, disclosed this during a working visit of the Zonal Coordinator of the NCS, Zone A, ACG Charles Orbih to the command.Continue Reading
By Taiye Olayemi The National Insurance Commission (NAICOM) has urged actuaries to design effective risk management strategies and develop products that meet society’s evolving needs. Mr Olusegun Omosehin, Commissioner for Insurance and Chief Executive Officer of NAICOM,Continue Reading
By Muhyideen Jimoh President Bola Tinubu will on Thursday sign into law, four critical tax reform bills aimed at transforming Nigeria’s fiscal and revenue framework. The Presidential Spokesperson, Mr Bayo Onanuga, disclosed this in a statement on Wednesday in Abuja. The News Agency of Nigeria (NAN) reports that the billsContinue Reading
By Lucy Ogalue The Nigeria Association of Small and Medium Enterprises (NASME) has called for the institutionalisation of intervention funds as revolving schemes to ensure sustainable financing for Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Dr Abdulrashid Yerima, President of NASME, made the call during a panel discussion atContinue Reading
By Okeoghene Akubuike Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria(CBN), says fostering greater strategic cohesion among African countries will secure Africa’s future. Cardoso said this at the African Export-Import Bank (Afreximbank) 32nd Annual Meetings(AAM2025) in Abuja on Wednesday. He said this should be done by accelerating theContinue Reading
By Kadiri Abdulrahman Nigeria is building a tax administration that will be effective in revenue mobilisation and also responsive to challenges faced by tax payers. The Minister of State for Finance, Dr Doris Uzoka-Anite said this on Tuesday in Abuja, at the TaxADR Roundtable, with the theme “unlocking Revenue andContinue Reading
