Category: Business
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NIGERIA’S GDP GROWS BY 3.13% IN Q1 2025, LED BY SERVICES AND INDUSTRY SECTORS
NIGERIA’S GDP GROWS BY 3.13% IN Q1 2025, LED BY SERVICES AND INDUSTRY SECTORS Nigeria’s economy expanded by 3.13% year-on-year in real terms during Q1 2025, up from 2.27% in Q1 2024, driven mainly by strong growth in the services and industry sectors, the National Bureau of Statistics (NBS) revealed. The services sector grew by…
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CAC POSTPONES NEW FEES FOR DOCUMENT DOWNLOADS TO SEPTEMBER 1
CAC POSTPONES NEW FEES FOR DOCUMENT DOWNLOADS TO SEPTEMBER 1 The Corporate Affairs Commission (CAC) delays new charges for document downloads on its upgraded registration portal to Sept. 1, citing technical challenges affecting users. Originally set for August 1, the fee for documents not downloaded within seven days of approval will now take effect after…
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GLOBAL DROUGHTS IN 2023-2025: A SILENT CATASTROPHE WORSENING FOOD AND ENERGY CRISES
GLOBAL DROUGHTS IN 2023-2025: A SILENT CATASTROPHE WORSENING FOOD AND ENERGY CRISES New UNCCD and NDMC report reveals that recent droughts—among the worst ever recorded—are silently devastating millions, triggering hunger and energy blackouts across Africa. Countries like Ethiopia, Zimbabwe, and Zambia face catastrophic crop failures, soaring food prices, and severe power shortages from shrinking rivers…
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NCC LAUNCHES GENERAL AUTHORISATION FRAMEWORK TO BOOST DIGITAL INNOVATION AND CONNECTIVITY
NCC LAUNCHES GENERAL AUTHORISATION FRAMEWORK TO BOOST DIGITAL INNOVATION AND CONNECTIVITY The Nigerian Communications Commission (NCC) unveils a fresh regulatory framework to empower innovators, expand access, and close digital gaps across underserved communities. Speaking at the telecoms stakeholder event in Abuja, NCC’s EVC Dr. Aminu Maida highlighted how the new General Authorisation Framework (GAF) creates…
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NELFUND LAUNCHING JOB PORTAL TO BOOST GRADUATE OPPORTUNITIES
NELFUND LAUNCHING JOB PORTAL TO BOOST GRADUATE OPPORTUNITIES NELFUND isn’t just lending—it’s building a pathway to jobs and financial stability for Nigerian students, with a new job portal launching in 2026! To mark a year since launch, NELFUND’s MD, Akintunde Sawyerr, announced that while the agency can’t guarantee jobs, a centralised portal will soon help…
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SOUTH-SOUTH BOOSTS NIGERIA’S ECONOMY WITH N34 TRILLION—CIBN PRESIDENT
SOUTH-SOUTH BOOSTS NIGERIA’S ECONOMY WITH N34 TRILLION—CIBN PRESIDENT CIBN President Prof. Pius Olanrewaju reveals the South-South region pumped an impressive N34 trillion into Nigeria’s economy in 2024, not just from oil—but from booming trade, services, and creative industries. Speaking at the South-South Banking Conference in Calabar, Olanrewaju called for financial innovation and policy support to…
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FAAN LAUNCHES PPP COMMITTEE TO BOOST NIGERIAN AVIATION
FAAN LAUNCHES PPP COMMITTEE TO BOOST NIGERIAN AVIATION FAAN is shaking up the aviation sector, rolling out a new PPP committee to supercharge airport investment, modernisation, and job creation! At the Airport 2025 Business Summit, FAAN announced fresh efforts to attract private sector collaboration—targeting upgrades in terminal management, logistics, tech, security, and green projects for…
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LAGOS MEETS CAPE TOWN: TRADE TALKS HEAT UP AS PENSION DIALOGUE ROLLS IN ABUJA
Lagos Meets Cape Town: Trade Talks Heat Up as Pension Dialogue Rolls in Abuja On Wednesday, Lagos played host to a lively business networking seminar with a South African twist. Folashade-Ambrose Medebme, Commissioner of Lagos State’s Ministry of Commerce, Cooperatives, Trade, and Investment, teamed up with Ms. Sebo Lenyai, Acting Consul General of South Africa…
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ENGINEERS ON THE MOVE: ENG. HABU GUMEL MARATHON WALK KICKS OFF IN ABUJA!
ENGINEERS ON THE MOVE: ENG. HABU GUMEL MARATHON WALK KICKS OFF IN ABUJA!Abuja, July 12, 2025 – It was a day where brains met brawn as Nigeria’s top engineers and sports leaders gathered for the inaugural Engr. Habu Gumel Olympic Marathon Walk Competition. The event, held in Abuja on Saturday, celebrated endurance, engineering excellence, and sportsmanship…
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FAAN AND NCS TEAM UP TO FIGHT MONEY LAUNDERING, AIM TO REMOVE NIGERIA FROM FATF GREY LIST
FAAN AND NCS TEAM UP TO FIGHT MONEY LAUNDERING, AIM TO REMOVE NIGERIA FROM FATF GREY LIST Nigeria’s airports are stepping up security and financial checks as FAAN and Customs join forces to tackle money laundering and boost the country’s bid to exit the FATF grey list. FAAN MD Olubunmi Kuku and NCS Controller General…
