Miden Systems Limited and its Managing Director, Dr. Brendan Usoro, have denied claims of exploiting the police and the National Assembly in a debt dispute with Sterling Bank Plc. In a letter signed by Mary Warribo of M.C....
The United Nations has initiated crucial negotiations on a Framework Convention on International Tax Cooperation, a significant step towards addressing the pressing issues of tax evasion, harmful tax competition, and escalating global inequality. This move has been met with...
Nigeria and Uganda have taken a significant step toward boosting intra-African trade with the appointment of Ugandan Trade Representative Ani Bassey-Eyo to Nigeria. This move, aimed at implementing the African Continental Free Trade Area (AfCFTA) agreement, paves the way...
The Nigerian banking sector experienced a strong start to the year, with the NGX Banking Index surging by 9.76% in January, significantly outperforming the broader market. This robust performance was primarily fueled by investor confidence, bolstered by the ongoing...
Confidence in Nigeria’s business environment continues to grow, with the latest Purchasing Managers’ Index (PMI) from Stanbic IBTC Bank Nigeria indicating a second consecutive month of increased private sector output. The headline PMI for January 2025 stood at 52.0,...
Nigeria’s cotton, textile, and garment (CTG) sector is poised for a major comeback, thanks to the unwavering commitment of House of Dorcas Integrated Services (HDi). Backing the Federal Government’s strategy to restore the industry’s global competitiveness, HDi is championing...
George Onafowokan, the Managing Director of Coleman Wires and Cables Industries Limited, is calling on the Federal Government to prioritize local solutions to tackle Nigeria's persistent grid collapses. Onafowokan emphasized the need for full deregulation and industrialization of the...
The Association of Raw Gin Producers of Nigeria (ARGPON) has launched a comprehensive initiative to sanitize the production of local alcoholic drinks, particularly raw gin, also known as ogogoro. According to a statement by ARGPON, the move aims to reorient...
The European Union has awarded a €300,000 grant to the European Chamber of Commerce (Eurocham) Nigeria to strengthen its secretariat, enhance advocacy efforts, and deepen engagement with key stakeholders over the next three years.¹ This significant financial contribution underscores...
Cascador, a transformative programme for mid-stage entrepreneurs in Africa, has reiterated its dedication to empowering Nigerian entrepreneurs through substantial financial support, leadership training, and networking opportunities. The organisation's recent alumni meeting in Ikeja highlighted its goal of fostering impact-driven...