Category: Business
-
CHINA REAFFIRMS STRONG PARTNERSHIP WITH NIGERIA UNDER NEW 15TH FIVE-YEAR PLAN
China is set to deepen ties with Nigeria as it embarks on a new development chapter guided by its 15th Five-Year Plan. At a dialogue co-hosted by China Media Group and the Chinese Consulate in Lagos, officials highlighted the theme “Innovation, Openness, Shared Development,” reflecting mutual goals for expanded economic, cultural, and tech cooperation. Chinese…
-
NIGERIAN STOCK MARKET BOUNCES BACK WITH N285 BILLION GAIN ON FRIDAY
The Nigerian stock market ended a four-day losing streak on a high note Friday, adding N285 billion to investors’ portfolios. Renewed interest in key stocks like Julius Berger, Learn Africa, Cornerstone Insurance, Aso Savings, and Ikeja Hotel boosted market sentiment and pushed the All-Share Index up by 449.80 points to close at 154,126.46. The market…
-
NEW NIGERIAN TAX REGIME TO LIGHTEN BURDEN ON YOUTHS AND SMALL BUSINESSES
Good news for Nigerians: starting January 1, 2026, the new tax system introduced by President Bola Tinubu’s administration is set to ease the tax burden on the majority of people, especially the youth and small business owners. Dr. Tope Fasua, the President’s Economic Adviser, revealed during the Youth National Discourse in Abuja that those earning…
-
JOCOFFEST TO TRAIN 200 PLATEAU YOUTHS FOR EMPOWERMENT AND SELF-RELIANCE
The Jos Community Film Festival (JOCOFFEST) is stepping up big for Plateau youths, selecting 200 participants for varied training and empowerment programs aimed at helping them build sustainable livelihoods. Prof. Eddie Ossai, the festival’s founder and a Plateau State University lecturer, shared that the training will happen during the festival from November 5 to 7…
-
GERMAN CHAMBER REAFFIRMS SUPPORT FOR NIGERIA’S VOCATIONAL TRAINING AND ENTREPRENEURSHIP
The Chamber of Industry and Commerce (IHK) Giessen-Friedberg, Germany, has renewed its commitment to boosting vocational education, entrepreneurship, and institutional growth in Nigeria. Dr. Matthias Leder, the IHK’s CEO, shared this during a virtual media conference highlighting two decades of strong Nigeria-Germany collaboration. Since 2005, the partnership has trained over 600 Nigerians, advancing youth skills,…
-
BANK OF NIGERIA LAUNCHES VERVE FLASH PROMO WITH FREE CARDS
Bank of Nigeria Ltd. is rewarding customers with free Verve cards through its new Verve Flash Promo. From October 6, 2025, to January 30, 2026, 131 customers daily with expired ATM cards can get free Verve cards at branches nationwide. The promo celebrates FirstBank’s 131 years of trust and innovation, aiming to boost secure, convenient…
-
NIGERIAN ENGINEERS PUSH FOR STRONGER LOCAL CONTENT POLICIES TO BOOST ECONOMY
The Nigerian Society of Engineers (NSE) is calling for a more aggressive push on local content policies to help grow the economy, create jobs, and speed up industrialization. This was the main message at the 2025 Annual Workshop of the Nigerian Content Development Committee (NCDC) in Abuja. Under the theme “Strengthening Nigeria’s Domestic Business Development:…
-
MINISTER DELE ALAKE REPORTS RECOVERY OF 90 ILLEGAL MINING SITES, URGES TRADERS TO SUPPORT MINING REFORMS
Minister of Solid Minerals, Mr. Dele Alake, announced on Thursday in Akure that his ministry has successfully recovered over 90 mining sites from illegal miners nationwide. Speaking at the South-West stakeholders’ dialogue, Alake revealed that more than 300 illegal miners have been arrested, with 50 prosecuted and over 20 convicted under the current administration. In…
-
UNIONS AND CSOs DEMAND IMMEDIATE REVERSAL OF PRIVATISATIONS IN NIGERIA’S ELECTRICITY, WATER, AND WASTE SECTORS
A powerful coalition of trade unions and civil society organisations is calling on the Nigerian government to urgently reverse privatisation in the electricity sector, as well as all existing privatisations in the water and waste sectors. The call, made at the National Public Utilities Summit in Abuja, highlights the negative impact privatisation has had on…
-
NIGERIA LEADS SUB-SAHARAN AFRICA IN AQUACULTURE, BUT FACES GIANT FISH SUPPLY GAP
Nigeria’s aquaculture sector is producing about 500,000 metric tonnes of fish every year, making the country the biggest aquaculture producer in sub-Saharan Africa, says Dr. Charles Iyangbe, WorldFish Nigeria’s Country Representative. Speaking at Fisheries Society of Nigeria’s 40th anniversary in Nasarawa, he revealed fisheries jobs provide livelihoods for over 10 million Nigerians. But here’s the…
