Derivation funds: Three states dominate Q1 allocations
Delta, Bayelsa and Akwa Ibom states received nearly three-quarters of the N321.90bn distributed to Nigeria’s oil-producing states under…
FirstBank Empowers Female Entrepreneurs with N10m Grants
First Bank of Nigeria Ltd. has reinforced its commitment to women entrepreneurship with the inauguration of the “Spark…
Nigerian Factory Costs Make Manufacturers Uncompetitive — NS
Nigeria’s manufacturers pay between two and 10 times more than their counterparts in countries such as Vietnam and…
SMEDAN Secures $12m Korean Funding, Unveils N500m MSME Fund
The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean…
NCGC, SMEDAN Partner to Expand MSME Access to Loans
The National Credit Guarantee Company Limited and the Small and Medium Enterprises Development Agency of Nigeria have signed…
FG Clears Over 700bn Contractors’ Debt, Boosts Economy
The Federal Government has processed payments exceeding N700bn in verified obligations owed to local contractors over the past…
SMEs Risk Collapse Without Strong Operational Structure
Small and medium-sized enterprises across Africa risk losing stability and collapsing under the weight of expansion if they…
Nigeria’s Dollar GDP Jumps 22% to $307bn in 2025 Report
Nigeria’s dollar GDP rose by 22 per cent to about $307bn in 2025, driven by stronger economic output…
How CBN policies saved Nigeria’s economy from disaster
The Deputy Governor, Corporate Services, Central Bank of Nigeria, Emem Usoro, has lauded the ongoing reforms introduced by…
FG urges women to seize trade opportunities in Nigeria
The Federal Government has urged women to take advantage of trade and entrepreneurship opportunities to strengthen Nigeria’s economy.…
CBN cuts benchmark interest rate to 26.5% amid easing inflat
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest rate to 26.5%…
Nigeria Must Boost Local Production & Cut Imports, Says Mini
The Minister of State for Industry, Senator John Owan, has said that Nigeria must urgently reduce its dependence…