By Taiye Olayemi Deposit Money Banks (DMBs) in Nigeria have recorded total assets of N180.37 trillion, representing 41.8 per cent of the country’s nominal Gross Domestic Product (GDP), according to the 2026 State of Enterprise Report. The report, released by EnterpriseNGR in Lagos on Tuesday, said the Financial and ProfessionalContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI), says it is ready to partner with relevant stakeholders to boost Nigerian’s economy through livestock production, genetics, veterinary services, capacity building and modern agriculture technologies. The Director-General, ACCI, Mr Agabaidu Jideani, said this at a Strategic Engagement meeting withContinue Reading
By Rukayat Moisemhe Stakeholders on Wednesday said effective implementation of corporate governance and stronger public-private sector collaboration were critical to accelerating Nigeria’s economic growth. They said this at a news conference in Lagos ahead of the third National Corporate Governance Summit. It was organised by the Institute of Directors CentreContinue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN), National Agency for Food and Drug Administration and Control (NAFDAC), and Standards Organisation of Nigeria (SON) have urged women manufacturers to prioritise regulatory compliance. The organisations gave the advice at the maiden edition of the MAN Women in Manufacturing Knowledge andContinue Reading
By Martha Agas Eight Nigerian companies are among 19 African firms awarded 1.5 million dollars under the Productive Use Financing Facility (PUFF) to expand solar-powered productive appliances for entrepreneurs and small businesses. The funding was announced by CLASP, a global nonprofit organisation promoting energy-efficient appliances and clean energy solutions, atContinue Reading
By Muhyideen Jimoh President Bola Tinubu on Tuesday urged the African Export-Import Bank (Afreximbank) to intensify efforts to mobilise Africa’s human, financial and natural resources for the continent’s economic transformation. Tinubu gave the charge while receiving a delegation from Afreximbank, led by its President and Chairman of the Board, DrContinue Reading
By Vivian Emoni The Federal Government says Nigeria has unveiled reforms to strengthen its intellectual property ecosystem aimed at unlocking innovation, supporting creators and driving sustainable economic development. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in a statement by Mrs Augustina Duru-Obilor, Head, Press andContinue Reading
By lucy Ogalue The National Pension Commission (PenCom) has expanded eligibility for its PenCare Initiative pilot to retirees receiving monthly pensions of up to N150,000, aimed at increasing participation and improving healthcare access. PenCom Director-General, Ms Omolola Oloworaran, said this on Tuesday in Abuja after the third meeting of theContinue Reading
By Kennedy Sheyin The Commandant of the National Defence College, Rear Adm. Abdullahi Ahmed, says the success of tax reforms depend on effective implementation, stakeholder understanding and public confidence. Ahmed said this on Tuesday in Abuja at a one-day national roundtable on recent tax reforms in Nigeria titled ”Policy Clarity,Continue Reading
By Lucy Ogalue The National Sugar Development Council (NSDC) has trained its pioneer residential cohort to strengthen technical capacity and support Nigeria’s target of producing two million metric tonnes of sugar annually. This is contained in a statement issued on Monday by the NSDC Executive Secretary, Mr Kamar Bakrin, atContinue Reading
