By Vivian Emoni The Federal Government says implementation of the Renewed Hope Agenda has attracted more than 24.1 billion dollars in capital importation and generated more than 6.1 billion dollars in non-oil exports. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in a statementContinue Reading
By Muhyideen Jimoh The Presidential Enabling Business Environment Council (PEBEC) says reforms introduced by the Federal Government are targeting seven-day cargo clearance and 72-hour resolution of business complaints to improve Nigeria’s investment climate. Director-General of PEBEC, Mrs Zahrah Audu, disclosed this on Tuesday at the State House ‘Meet the Press’ Continue Reading
By Adeola Akinbobola Some civil servants in Abuja have urged the Federal Government to release budgetary allocations to its Ministries, Departments and Agencies (MDAs) in order to improve service delivery. They said lack of funds was hampering their determination to deliver on the Renewed Hope Agenda of the President BolaContinue Reading
By Taiye Olayemi The Nigerian stock market gained N1.756 trillion on Monday as sustained buying interest in banking, insurance and industrial stocks lifted key indicators. The rally was driven by strong demand for Custodian Investment, NEM Insurance, BUA Cement, First HoldCo and FTN Cocoa Processors, alongside 27 other equities. MarketContinue Reading
By Vivian Emoni The Federal Government says it will sustain growth in non-oil exports by promoting value addition, expanding markets and improving export competitiveness. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, made this known during an interview with the News Agency of Nigeria (NAN) onContinue Reading
By Vivian Emoni The Federal Government says Nigeria’s trade sector has recorded remarkable expansion, while efforts are ongoing to ensure investments translate into real economic activities. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in an interview with the News Agency of Nigeria (NAN) Abuja onContinue Reading
By Muhyideen Jimoh The Tinubu Stakeholders Forum (TSF) says Nigeria’s net foreign reserves have risen from about $3 billion in 2023 to over $40 billion, reflecting the success of President Bola Tinubu’s economic reforms. The forum made the assertion in a statement jointly signed by its Chairman, Mr Ahmad Sajoh,Continue Reading
By Vivian Emoni The Federal Government says it is intensifying efforts to promote freer movement across Africa to boost trade, investment and African Continental Free Trade Area (AfCFTA) implementation. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said this on Friday in Abuja during an interviewContinue Reading
By Kadiri Abdulrahman Nigeria Revenue Service (NRS) has set July 31 as deadline for all large taxpayers to wholly adopt the national e-invoicing and Electronic Fiscal System (EFS). This is according to a statement issued by Dare Adekanmbi, the Special Adviser on Media to the NRS Chairman, Dr Zacch AdedejiContinue Reading
By Taiye Olayemi The Chief Executive Officer, National Insurance Commission (NAICOM), Mr Olusegun Omosehin, has warned insurance companies yet to meet the new minimum capital requirements that the July 31 recapitalisation deadline was mandatory and not symbolic. Omosehin gave the warning on Friday in Lagos at the investitureContinue Reading
