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Expert forecasts 63% growth in service sector’s GDP contribution in 2025

Expert forecasts 63% growth in service sector’s GDP contribution in 2025

By Godwin Oritse Logistics expert and former Vice President of the Chartered Institute of Logistics and Transport (CILT), Dr. Alban Igwe, has forecasted a potential 63% growth in Nigeria’s service sector contribution to its Gross Domestic Product (GDP) by 2025. Speaking at the 2024 Nigeria Supply Chain Leadership Summit held at the Movenpick Hotel in Ikoyi, […]

2015 Shiites/Army clash: I’m now paralysed, victim alleges

2015 Shiites/Army clash: I’m now paralysed, victim alleges

By Ibrahim Hassan-Wuyo Kaduna—A victim of the 2015 bloody clash between the Shiites and soldiers, in Zaria, Kaduna State, Malam Mustapha, who claimed to have been shot by security operatives during the violent encounter, said he is now paralysed. “Today I am paralyzed, moving on a wheelchair. My father and two of my brothers were […]

Fubara can transact business with 3 lawmakers, court rules

Fubara can transact business with 3 lawmakers, court rules

A Rivers State High Court sitting in Port Harcourt has declared that the Governor of Rivers State, Siminialayi Fubara, has the legal standing to transact businesses with the lawmakers that did not vacate their seat in the State House of Assembly

Manufacturing sector remains top VAT contributor at 22.21% 

Manufacturing sector remains top VAT contributor at 22.21% 

By Yinka Kolawole  The manufacturing sector remained the top contributor to Value-added Tax (VAT) with a contribution of N395.34 billion, representing 22.21 percent of the N1.78 trillion total VAT collections in the third quarter of 2024 (Q3’24), reaffirming its critical role in Nigeria’s economic development. Recall that the National Bureau of Statistics (NBS) also reported the […]

2025: Olukoya urges women to be creative, focus on making positive impact

2025: Olukoya urges women to be creative, focus on making positive impact

By Ayoyinka Jegede …commends Daddy GO for giving women voices. The wife of General Overseer of Mountain of Fire and Miracles Ministries, Dr (Mrs.) Folashade Elizabeth Olukoya has called on women across the world to be creative, focused, and determined to make a positive impact this new year. Olukoya, who spoke during the first 2025 […]

LCCI projects moderate growth for manufacturing sector in 2025

LCCI projects moderate growth for manufacturing sector in 2025

Stories by Yinka Kolawole  The Lagos Chamber of Commerce and Industry (LCCI) has projected moderate growth for the manufacturing sector in 2025 predicated on improved infrastructure and enhanced access to foreign exchange, among other factors. President of LCCI, Gabriel Idahosa, made the prediction in a new year statement on the economy. He noted that Nigeria’s manufacturing […]

MFM General Overseer, Olukoya listed among 100 most reputable Africans

MFM General Overseer, Olukoya listed among 100 most reputable Africans

By Ayoyinka Jegede The General Overseer of Mountain of Fire and Miracles Ministries worldwide, Dr. Daniel Kolawole Olukoya, has been recognised among the 100 Most Reputable Africans for 2025. The list, which was released recently by Reputation Poll International (RPI) in partnership with the Global Reputation Forum (GRF), had the names of other notable Nigerians […]

Stock market investors gain N1.25trn WoW

Stock market investors gain N1.25trn WoW

…As BUA, MTN WAPCO lead gainers  By Peter Egwuatu  The stock market closed the first week of the year 2025 on a positive note, driven by gains in BUA Foods, MTN Nigeria, and WAPCO among others, with investors gaining over N1.253 trillion. The Nigerian Exchange, NGX market capitalisation, which represents total value of investment on the […]

NQC, BSI host workshop on quality policy implementation 

NQC, BSI host workshop on quality policy implementation 

The National Quality Council (NQC) in collaboration with the British Standards Institute (BSI) recently organised a Train the Trainers workshop for stakeholders on critical data gathering for the effective implementation of the Nigeria National Quality Policy (NNQP). Chairman/Chief Executive of NQC, Osita Aboloma, said the workshop was one of many capacity development programmes under the Standards […]

Europe, Asia, US factories end 2024 weak ahead of Trump 2.0 

Europe, Asia, US factories end 2024 weak ahead of Trump 2.0 

Factory activity in Asia, Europe and the US ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China’s fragile economic recovery, Reuters has reported. A manufacturing slowdown in the euro zone intensified last month, with scant signs of a rebound anytime […]

Optiva Capital to attract $500m investments to hospitality sector

Optiva Capital to attract $500m investments to hospitality sector

By Jimoh Babatunde The Chief Executive Officer, CEO, of Optiva Capital Partners, Dr. Jane Kimemia, has revealed plans to attract $500 million investments into the hospitality sector in Nigeria in collaboration with Loft & Keys Properties. Optiva Capital is Africa’s leading wealth managers helping individuals manage their assets and secure their future.   While Loft & Keys […]

Soludo, Obi, Nwoye in Oko for burial of Educationist and Author

Soludo, Obi, Nwoye in Oko for burial of Educationist and Author

Anambra State Governor, Prof Chukwuma Soludo, Labour Party Presidential Candidate, Peter Obi, and the Senator representing Anambra North, Senator Tony Nwoye, were among the dignitories from different parts of the country to witness the furneral rites of renowned educationist and author, Mrs. Esther E. Okafor. At the funeral service conducted by a team of seven […]