Category: Business
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FCT TRADERS CALL FOR TEMPORARY ACCESS ROADS AS CONSTRUCTION IMPACTS BUSINESS
Traders in Mararaba and Aso markets have appealed to authorities and contractors to provide temporary access roads and improve drainage systems as ongoing road construction continues to affect business activities. According to several traders, flooding, traffic congestion and poor road access have reduced customer visits and sales, especially during rainfall. Some business owners said customers…
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COLOMBIAN ENVOY URGES NIGERIAN ENTREPRENEURS TO TAP AfCFTA OPPORTUNITIES FOR GLOBAL GROWTH
Young Nigerian entrepreneurs have been encouraged to take advantage of opportunities under the African Continental Free Trade Area (AfCFTA) to expand their businesses and compete in international markets. Speaking at the Trade Commissioners Summit 2.0 in Abuja, Colombian Honorary Consul to Nigeria, Mrs. Maricel Romero, urged entrepreneurs involved in foreign trade to identify products unique…
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WORLD CASSAVA DAY: EXPERT ADVOCATES VALUE ADDITION
The Chief Innovation and Commercialisation Officer of Matna Foods Ltd., Dr Tony Bello, on Saturday June 27, urged stakeholders to prioritise value addition to unlock the full industrial and economic potential of Nigeria’s cassava sector. Bello said although Nigeria remains the world’s largest cassava producer, with annual output exceeding 60 million metric tonnes, the achievement…
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JIGAWA OKRIKA MARKET: PRICES SOAR, LOW PATRONAGE AMID RISING TRANSPORT COSTS
As transport fares rise, driven by petrol price hike, some second-hand clothing traders in Dutse, Jigawa have expressed concern over low patronage. Thrift wears (also called Okrika) are pre-owned or second-hand garments imported into Nigeria from Europe, America, and Asia. They remain popular due to their durability, affordability, and unique styles, and are mainly found…
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FLOOD, WINDSTORM DESTROY FARMLANDS, SHOPS IN EBONYI COMMUNITIES
Torrential rainfall and the accompanying windstorm, on Saturday night June 20, destroyed farmlands and people’s shops in Abakaliki and Akpoha Community in Afikpo North LGA of Ebonyi. The over four-hour rainfall caused severe flooding on the Abakaliki–Afikpo Expressway, submerging farmlands and destroying crops worth millions of naira. Also, in parts of Abakaliki, a strong windstorm…
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FROM ₦3,000 START-UP TO ₦450,000 MONTHLY: KADUNA FOOD VENDOR SHARES ENTREPRENEURSHIP JOURNEY
A Kaduna-based street food vendor, Maryam Ibrahim, says she now earns an average of ₦450,000 monthly from selling Dan Wake, a popular local bean dumpling delicacy. Speaking with NAN, the 37-year-old entrepreneur said she started the business in 2021 with just ₦3,000, selling only Dan Wake before expanding her menu to include beans, spaghetti and…
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FG, WORLD BANK, INTENSIFY EFFORTS TO STRENGHTEN PUBLIC PROCUREMENT SYSTEM
The Federal Government has intensified efforts to strengthen transparency, accountability and professionalism in public procurement with the approval of seven new zonal offices for the Bureau of Public Procurement (BPP). This is contained in a statement by the Head of Press and Public Relations, BPP, Zira Nagga, in Abuja on Monday June15. Nagga said that…
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OBI CALLS FOR URGENT MEASURES TO ENSURE ECONOMIC WELL-BEING IN NIGERIA
Presidential candidate of the Nigeria Democratic Congress (NDC), Mr Peter Obi, has called for urgent measures to create a more business-friendly environment, and to drive entrepreneurship and economic growth. He made this call on Saturday June 13 at This Generation Project 2026, the annual conference of Summit Bible Church in Abuja, themed “Thriving in the…
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COPEN GOUP LAUNCHES “TENANT-TO-LANDLORD” SCHEME FOR AFFORDABLE HOMEOWNERSHIP
A real estate firm, COPEN Group, has launched a new housing initiative aimed at helping low and middle-income earners become homeowners across Nigeria. The scheme, known as the “Tenant to Landlord” programme, was unveiled in Enugu under the theme “A Home for Every Dream; A House for Every Pocket.” It brings together stakeholders from the…
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NIGERIA RECORDS N34.78 TRILLION TRADE VALUE IN Q1 2026 — NBS
Nigeria recorded a total merchandise trade value of N34.78 trillion in the first quarter of 2026, according to the National Bureau of Statistics (NBS). The report shows that exports stood at N21.17 trillion, representing 60.85% of total trade, with crude oil continuing to dominate Nigeria’s export basket. Non-crude oil and non-oil products also contributed to…
