The Federal Government in collaboration with the Bank of Industry (BOI) has concluded plans to commence the disbursement of N75 billion to Micro, Small and Medium Enterprises (MSMEs) across the country by January 2024. This disclosure is contained in a…
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day mini LNG project in Nigeria…
The Economic and Financial Crimes Commission (EFCC) and Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) have brokered new collaboration to enhance growth and survival of businesses across the country. EFCC Spokesman, Dele Oyewale, said this in a statement on…
President Bola Tinubu, on Monday received the Group Chairman and CEO of Total Energies Worldwide, Mr. Patrick Pouyanne in audience at the State House, Abuja. The President, speaking, reiterated the federal government’s commitment to remove all anti-investment impediments in the…
By Matthew Denis For the month of November, Nigeria’s revenue increased by a whooping N181.82 billion, despite forex and inflationary pressures. The Federation Account Allocation Committee (FAAC), at its Meeting chaired by the Honourable Minister of Finance and Co-ordinating Minister…
Ogun State Governor, Prince Dapo Abiodun has said that Nigeria’s economy would be sustainable if attention is shifted from oil to the non oil sector. He said the nation could achieve this by diversifying into mineral resources, agriculture, manufacturing, tourism,…
The Nigerian Ports Authority (NPA) has dismantled a syndicate responsible for the production and distribution of counterfeit truck number plates. The NPA, in a statement released on Sunday, disclosed that a total of 249 fake vehicle plate numbers and 149…
By Omolola Dede Adeyanju The Lagos Chamber of Commerce and Industry (LCCI) has released a statement in respect to the November 2023 inflation rate. The statement signed by the Director General of the Chamber, Dr Chinyere Almona FCA, recommends policy…
Nigeria’s headline inflation rate increased to 28.2 per cent in November showing a 0.87 per cent points increase over the 27.33 per cent recorded in October, the National Bureau of Statistics (NBS) says. It stated in its Consumer Price Index…
9mobile, Nigeria’s Youth-centric telecommunications company recently took its mentorship and business seminar, The Hack to Jos, the Plateau State capital to help thousands of young SME owners and operators grow and promote their businesses. The two-day event which featured a business…
