The Centre for the Promotion of Private Enterprise (CPPE) has warned that renewed calls for a sugar tax on non-alcoholic beverages could hurt Nigeria’s manufacturing sector, threaten jobs and slow the country’s fragile economic recovery. In a statement, CEO, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing […]

Morka said governors defecting to the ruling party were aligning themselves with what he described as a ‘resurging Nigeria’ under the Tinubu administration.

“In that case, having done due diligence and having all the information – and this is the first time I speak about this – with all the information I called my mother.

BUA Cement Plc has unveiled plans to construct a state-of-the-art 3-million-tonne-per-annum cement line in Sokoto, in a $240 million project that reflects the company’s commitment to scaling production capacity and supporting West Africa’s infrastructure ambitions. The new facility, to be delivered in partnership with Chinese engineering and construction firm CBMI, will bring BUA Cement’s total annual […]

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has signaled that  fertiliser imports will end as private-sector expansion positions Nigeria as a hub for value-added oil and gas products. Chief Executive of NMDPRA, Saidu Mohammed, made the disclosure during a facility tour at Indorama Eleme Fertiliser and Chemicals Limited in Eleme Local Government Area of […]

…As banks lend N1trn to SMEs out of N199trn By Yinka Kolawole Small and medium-scale enterprises (SMEs) have received only 0.51 percent of total banks’ credit to the private sector over a 10-year period, available data has shown, underscoring severe financing constraints facing Nigeria’s biggest source of jobs. Analysis of the Central Bank of Nigeria (CBN) […]

“It will be only in a defensive role, but I am convinced that nothing will happen,” Attilio Fontana told reporters.

Online betting has undergone significant changes over the last couple of decades. That’s not unusual for an industry that has always been on the cutting edge of technology and has embraced change as soon as it provides benefits to players. In this article, we’ll discuss the transition from simple wagering to the broad entertainment now […]

The federal government signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) to remove tariffs on some products.

The rift between the All Progressives Congress APC and the New Nigeria Peoples Party NNPP widened on Tuesday as Chief Oliver Okpala, a senior aide to former APC National Chairman Dr. Abdullahi Umar Ganduje, launched a scathing verbal assault on NNPP chieftain Buba Galadima.