Economic growth
Alliance urges clear FG Shea export policy to boost local industry
The Alliance for Economic Research and Ethics has urged the Federal Government to provide a clear transition plan and conduct sector-wide consultations before fully enforcing its ban on raw shea nut exports. Chairman of the trade group, Dele Oye, emphasized that immediate policy reversals without adequate transition measures could disrupt ongoing investment plans, undermine exporter […]
West Africa Summit: Govt and Stakeholders unveil bold industrial policy agenda
Nigeria is set to take the lead in shaping the future of West Africa’s industrialisation as the Federal Government, in collaboration with private stakeholders, prepares to unveil a bold industrial policy agenda at the West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition (W’Africa IMT 2025), scheduled to hold in Lagos this October. The Minister […]
Bulls vs Bears: understanding stock market trends
The stock market operates in cycles, moving through periods of growth and decline that investors often describe as bullish or bearish trends. These terms not only capture the direction of market prices but also reflect broader investor sentiment, economic conditions, and global financial developments. Understanding how bullish and bearish markets work is essential for investors, […]
TCAN to Host 2nd National Transport Summit
The Transportation Correspondents Association of Nigeria (TCAN) has announced that all is set for the second edition of its annual Transportation Summit, scheduled to take place in Lagos. The event, a key industry gathering, aims to tackle the persistent challenges within Nigeria’s transportation and logistics sectors while highlighting their pivotal role in driving national economic […]
Lagos Govt Boosts Economy with Partnerships
In a renewed bid to harness the economic potential embedded in culture and tourism, the Lagos State Government has announced strategic collaborations with private stakeholders aimed at driving sustainable economic growth in Nigeria’s commercial capital. The state, through the Ministry of Tourism, Arts and Culture and the Office of the Special Adviser to the Governor […]
SMEDAN Seeks Stakeholder Support for MSME Growth
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has reiterated the need for stronger stakeholder collaboration to accelerate the growth of Micro, Small, and Medium Enterprises (MSMEs) and, by extension, the Nigerian economy. This call was made on Wednesday during a high-level Stakeholders Engagement Forum and press conference held in Lagos as part […]
SMEDAN Moves to Power Jobs, Boost MSME Revenue
The Small and Medium Enterprises Development Agency (SMEDAN) has unveiled a transformative strategy aimed at propelling Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) into a new era of growth. The strategy, called “GROW Nigerian,” is designed to create more job opportunities and significantly enhance the revenue generation capacity of the MSME sector. During an interaction […]
Lagos Partners with Banks to Create 10,000 MSME Jobs
In a major push to foster economic growth and support local businesses, the Lagos State Government, in collaboration with the Bank of Industry (BOI) and Sterling Bank, has launched a groundbreaking initiative aimed at empowering Micro, Small, and Medium Enterprises (MSMEs). The newly established partnership will provide MSMEs with access to affordable finance, offering single-digit […]
Recapitalisation Drive: CBN cautions banks against illicit funds
In a bid to reinforce financial discipline and protect the integrity of the Nigerian banking sector, the Central Bank of Nigeria (CBN) has issued a stern warning to deposit money banks against raising capital from illicit sources. The directive forms part of a broader recapitalisation exercise aimed at enhancing the resilience of the financial system […]
Oyo Courts U.S. Investors to Boost Solid Minerals and Agriculture Sectors
In a bold move to drive economic growth and diversify its revenue base, the Oyo State Government has expressed keen interest in forging strategic investment partnerships with the United States, particularly in the solid minerals, agriculture, energy, and education sectors. The call for collaboration came during a high-level meeting on Wednesday at the Governor’s Office […]