Category: Business
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ARTISANS SET FOR BIG BOOST AS TASE 2026 TARGETS FINANCE, SKILLS GAP
From carpenters to creatives—Nigeria’s artisans are getting a platform to grow, earn more, and go global. Say it Loud Africa has announced plans to host the Artisan Summit and Expo (TASE) 2026, a major push to tackle challenges holding back artisans especially access to finance and proper business structure. Speaking ahead of the event, advocate…
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FCCPC WARNS FIRMS: NO APPROVAL, NO MERGER DEALS
The Federal Competition and Consumer Protection Commission (FCCPC) has warned companies and investors to fully comply with merger and acquisition laws before sealing any deals. In a notice posted on its official X page, the commission said all qualifying transactions must be reported and approved in advance under the law. FCCPC stressed it can approve,…
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₦472K BOOST: 100 ABIA YOUTHS, WOMEN GET AGRIBUSINESS START-UP CASH
The LIFE-ND has kicked off cash disbursement to agribusiness trainees in Abia State, with 100 beneficiaries receiving ₦472,000 each as start-up capital. The beneficiaries, drawn from a larger pool of 276, got their cheques in Umuahia after completing hands-on training in processing and marketing at incubation centres. State Project Coordinator Uchenna Onyeizu said more beneficiaries…
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RICE FARMERS CRY FOUL AS IMPORT SURGE HITS LOCAL PRODUCTION
Cheaper imported rice is flooding markets but local farmers say it’s costing them their livelihoods. Rice farmers across Nigeria are raising alarm over rising imports, warning that the trend is crippling local production and pushing many out of business. Stakeholders say the situation worsened after the Federal Government’s import duty waiver on rice in 2024,…
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COW PRICES RISE TO N2.5M IN LAGOS, BUTCHERS RAISE CONCERN
The cost of cattle in Lagos has surged sharply, putting pressure on both traders and consumers. The Lagos State Butchers Association says the price of cows has increased to about N2.5 million, up from around N1.7 million in 2025. The association attributed the rise to insecurity, high transportation costs, and delays in local ranching programmes,…
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SOLUDO APPOINTS PIONEER CEO FOR ANAMBRA INVESTMENT DRIVE
Anambra is making a bold economic move—new investment corporation, new CEO, big expectations. Gov. Chukwuma Soludo has appointed Nwabunwanne Okonkwo as the pioneer Chief Executive Officer of the Anambra State Development and Investment Corporation (ADIC), signaling a fresh push to attract investors and fund major projects. Okonkwo, a finance lawyer with over 16 years’ experience,…
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NOLLYWOOD THRILLER HITS GLOBAL STAGE WITH 7 NOMINATIONS
Before its official release, this Nigerian film is already making noise overseas. Nollywood political thriller “The Specialists” has landed a major international nod, securing selection and seven nominations at the International Black and Diversity Film Festival in Canada. Producer Paulgold Joseph said the recognition signals the film’s growing global appeal, even before hitting cinemas. Backed…
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TRANSPORT COSTS CHOKE NIGERIANS, IMF SOUNDS ALARM
From market stalls to motor parks, rising transport fares are quietly squeezing wallets—and the IMF says it’s getting worse. Nigeria’s cost-of-living crisis is deepening, with the International Monetary Fund warning that soaring transport costs are driving food prices through the roof. At the IMF/World Bank Spring Meetings in Washington, Abebe Selassie said higher fuel prices…
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DANGOTE SETS SIGHTS ON IPO, TO SELL 10% OF REFINERY
Africa’s biggest refinery is heading to the market — and investors could soon own a slice of Dangote’s $20bn oil giant. Washington D.C., April 16, 2026 — The Dangote Group has unveiled plans to sell a 10 per cent stake in its 650,000 barrels-per-day refinery through a Pan-African Initial Public Offering (IPO) in 2026. President…
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BREWERY SECTOR BOUNCES BACK — BUT NEW COST RISKS LOOM
Nigeria’s beer industry is back in profit after years of losses — but rising costs and new taxes could spoil the party. Lagos, April 16, 2026 — Nigeria’s brewed products sector returned to profitability in 2025 after years of losses, Nigerian Breweries Plc has said, even as consumers continue to feel the pinch of inflation.…
