World Bank Warns Restrictive Policies Threaten FDI Flow to Nigeria, Developing Economies
The World Bank has issued a stark warning that rising restrictive trade and investment policies are undermining foreign direct investment (FDI), a vital engine for economic growth in Nigeria and other developing countries. In a report released ahead of the Conference on Financing for Development in Seville, Spain, the bank revealed that FDI inflows to developing economies fell to $435...
Domestic Investors Drive N3.41tn Trading Activity on NGX in 2025
Domestic investors continue to lead trading activity on the Nigerian Exchange Limited (NGX), accounting for N3.41 trillion, or 70.83%, of total equity transactions recorded in the first five months of 2025—far surpassing foreign participation. According to the latest Domestic and Foreign Portfolio Investment Report released by the NGX, local investors played a dominant role in shaping market momentum this year....
Talstack Launches Performance Reviews Module to Boost Team Growth and Productivity
Talstack is no longer just a learning platform. The company has launched its new Performance Reviews module, giving HR leaders and managers a powerful, all-in-one tool to evaluate, align, and develop their teams more effectively. Originally known for its e-learning solutions used by mid-sized businesses and publicly traded companies across Africa, Talstack is now broadening its scope to include performance...
SEC Bans Independent Directors from Becoming Executives in Governance Reform
The Securities and Exchange Commission (SEC) has issued a new directive prohibiting Independent Non-Executive Directors (INEDs) from transitioning into Executive Director roles within the same company or corporate group, as part of broader reforms to strengthen corporate governance in Nigeria. In a circular addressed to all public companies and capital market operators, titled “Circular to All Public Companies and Capital...
CrediSure Launches Credit Tools for Nigeria’s Underbanked with Digital Lending Platforms
CrediSure Financial Technologies, a Nigerian fintech startup, is preparing to launch its innovative credit scoring and digital lending platforms designed to improve access to credit for underbanked individuals and small businesses across the country. In an exclusive interview with Vanguard, Ayodeji Oluyemi, Co-founder of CrediSure, revealed that the company is set to roll out three key products: CrediSure Lite, CrediSure...
Nigerian Manufacturers Must Embrace AfCFTA to Compete Globally – BAT Executive
Odiri Erewa-Meggison, External Affairs Director for British American Tobacco (BAT) West and Central Africa, has issued a clarion call to Nigerian manufacturers, urging them to leverage the African Continental Free Trade Area (AfCFTA) to secure long-term growth and global competitiveness. The remarks came during her keynote address at the 2025 BUSINESSDAY Manufacturing Conference, themed "Unlocking Nigeria's Manufacturing Potential: Strategies for...
Dele Oye Steps Down as NACCIMA President After Transformative Tenure
Dele Oye has concluded his two-year term as President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and six-month chairmanship of the Organised Private Sector of Nigeria (OPSN). NACCIMA confirmed his exit in a statement on Thursday, highlighting his significant contributions to private sector growth and reform. Since assuming office in June 2023, Oye spearheaded...
Paga Launches Doroki to Simplify Retail Management for African SMEs
Paga Group, a leading African payments and financial services company, has introduced Doroki, a new retail business management platform designed to help SMEs streamline operations, cut inefficiencies, and drive growth. The platform was unveiled at a launch event in Lagos on Thursday, attended by merchants and industry leaders. All-in-One Business Solution Doroki integrates order management, inventory tracking, payments, and customer engagement into...
Nigeria Market Research Experts Push for AI Adoption to Boost Productivity
Stakeholders at the Nigeria Market Research Association (NIMRA) International Conference 2025 have urged industries to transition from traditional research methods to AI-powered market research for enhanced productivity. The call was made during the ongoing four-day hybrid event in Lagos, themed “Beyond the Horizons: AI and the New Frontiers.” The conference, sponsored by MTN, Esomar, Ipsos, and other leading organisations, gathered financial, medical, and...
Bank of Industry Unveils N50bn Artisans Fund to Drive Nigeria’s Informal Sector Growth
Development bank targets 12 million skilled workers with low-interest loans, modern tools......... The Bank of Industry (BOI) has launched a comprehensive support program for Nigeria's artisan sector, pledging financial and technical assistance to transform informal technicians into formal entrepreneurs. At the 2025 Nigerian Artisans Leadership Summit, BOI Managing Director Dr. Olasupo Olusi announced: Key Interventions: N50bn Artisan Development Fund with single-digit interest rates National Equipment...
