The Manufacturers Association of Nigeria (MAN) has said that 767 manufacturers shut down operations while 335 became distressed in 2023. This came against the backdrop of exchange rate volatility, rising inflation and other economic challenges that have worsened the investment…
Two separate investing conglomerates on Tuesday evening committed close to eighty million dollars to investment in Osun state infrastructures within the framework of Public Private Partnership. Hosted by Governor Adeleke and members of his cabinet, the investors include Allegiance CNG…
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo has assured of the security and safety of investments in the gas sector. The Minister stated this on Wednesday while hosting top officials of Shanghai Huayi Energy Chemical Company Group of China…
By Sodiq Adelakun The International Monetary Fund (IMF) has called on the Nigerian government to ensure the full operational capacity of its cash transfer program aimed at supporting vulnerable households. This move is recommended as a necessary precursor to the…
…Calls for investors in real sector, oil and gas, others By Seun Ibiyemi The Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has raised major concerns over the new Expatriate Employment Levy [EEL] policy.…
By Matthew Denis The Central Bank of Nigeria is inviting the public to express their opinions on the outcomes of its recent 293rd Monetary Policy Committee (MPC) meeting. In a statement posted on its official platform on Monday, the CBN…
The National Information Technology Development Agency (NITDA) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have inked a Memorandum of Understanding (MOU) aimed at digitally empowering Small and Medium Enterprises (SMEs). In his remark, the SMEDAN Director…
The Minister of State for Youth Development, Mr. Ayodele Olawande and the Nigeria Deposit Insurance Corporation (NDIC) are exploring partnership to boost financial inclusion in the country. The NDIC Managing Director/Chief Executive Mr. Bello Hassan made this known when he…
President Bola Tinubu on Sunday witnessed the signing of agreements between Nigeria and Qatar in various sectors of the economy. Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, in a statement, said the signing, which…
By Aminu Mohammed, Kano President of Dangote Group, Alhaji Aliko Dangote Industries Limited has urged the Federal Government to invest hugely in education and skills acquisition so as to grow the knowledge economy. Speaking on Friday as a Guest Lecturer at…
