Category: Business
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PLATEAU, BOI LAUNCH N4BN FUND TO BOOST SMALL BUSINESSES
Plateau State and the Bank of Industry (BOI) have teamed up to inject N4 billion into Micro, Small and Medium Enterprises (MSMEs), a move aimed at stimulating businesses, creating jobs, and strengthening the state’s economy. The partnership was sealed through a Memorandum of Understanding signed at the Government House in Jos, with both parties contributing…
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NGX, PARTNERS RALLY FOR GENDER EQUALITY IN ECONOMY
Nigeria’s financial market leaders are pushing for stronger gender inclusion, urging greater participation of women in leadership, investment, and economic decision-making. The call came during the 2026 “Ring the Bell for Gender Equality” ceremony at the Nigerian Exchange Group (NGX) Closing Gong event in Lagos. The initiative—organised with the Central Securities Clearing System (CSCS) and…
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TINUBU VOWS TO DEFEAT TERRORISTS, BOOST ECONOMY
Abuja – President Bola Tinubu on Monday assured Nigerians that the country will defeat terrorists and protect its unity and sovereignty. Speaking at an interfaith breaking of fast at the Presidential Villa, Tinubu praised religious and traditional leaders for promoting peace and moral guidance. “Yes, terrorists are desperate, but Nigeria will never surrender. We are…
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IRAN-US-ISRAEL STRIKE SPARKS REGIONAL WAR, GLOBAL OIL SHOCKS
The assassination of Iran’s Supreme Leader Ali Khamenei on Feb. 28, 2026, allegedly by the United States and Israel, has ignited a full-blown regional conflict with global economic ripples. What began as a targeted strike has escalated into waves of Iranian missile and drone attacks on Israel and U.S. bases across the Gulf, while Tehran…
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WOMEN MINERS DEMAND MORE TRAINING, SUPPORT IN NIGERIA’S MINING SECTOR
Women working in Nigeria’s mining industry are calling for greater access to technical training and professional development to help them grow and take on bigger roles in the sector. The call was made by the Women in Mining in Nigeria (WIMIN) through its National President, Dr Janet Adeyemi, in a message marking International Women’s Day…
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NIGERIA URGED TO BOOST MANAGEMENT PRACTICES TO DRIVE ECONOMIC GROWTH
The Nigerian Institute of Management, Chartered (NIM) says stronger professional management and governance are key to improving productivity and national economic performance. Speaking at a press briefing in Lagos to mark NIM’s 65th anniversary, President Rtd. Commodore Abimbola Ayuba highlighted the need for enhanced management capacity across public and private institutions to drive efficiency, accountability,…
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LOCAL REFINERIES WON’T SHIELD NIGERIA FROM GLOBAL FUEL PRICE SHOCKS — CPPE
Even with domestic refineries coming on stream, Nigeria may still feel the heat of global fuel price swings, according to the Centre for the Promotion of Private Enterprise (CPPE). Dr. Muda Yusuf, founder of CPPE, explained that crude oil—the main raw material for refining—is priced using international benchmarks, meaning local refineries cannot completely escape global…
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ABUJA RESIDENTS ADOPT SURVIVAL STRATEGIES AS ECONOMIC PRESSURE BITES
Rising living costs are pushing many residents of Nigeria’s capital to adopt drastic coping strategies just to keep their households running. Civil servants, traders, and artisans in Abuja say food prices, transport fares, and soaring house rents have severely reduced their purchasing power, forcing families to cut spending and rethink daily living. Some now buy…
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WOMEN BREAK INTO NIGERIA’S HEAVY MANUFACTURING SECTOR
As the world marks International Women’s Day 2026, stakeholders are spotlighting an often-overlooked frontier—Nigeria’s heavy manufacturing sector, where women are still pushing to break long-standing barriers. While women make up a significant share of the manufacturing workforce, their roles are largely concentrated in light industries like food processing, textiles, and packaging, with sectors such as…
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ABUJA WOMEN TURN PRIVATE CARS INTO ‘KABU-KABU’ TAXIS TO SURVIVE
As economic pressure tightens, many women in Nigeria’s capital are turning their private cars into informal taxis—popularly called “kabu-kabu”—to earn extra income and support their families. Across major junctions and bus stops in Abuja, more women—some driving luxury vehicles—now pick up passengers heading to different parts of the city. Many say the move is a…
