EMERGE positions mining industry on rapid growth path –Shinkafi
By Gabriel Ewepu ABUJA- THE Executive Secretary, Solid Minerals Development Fund, SMDF, Fatima Shinkafi, yesterday, expressed optimism that the launched Early-Stage Mineral Exploration and Research Grant Endowment, EMERGE, Programme, will facilitate rapid growth of the nation’s solid minerals sector. Speaking during the launch of EMERGE by the Minister of Solid Minerals Development, Dr Dele Alake, […]
Businesses’ confidence in macroeconomy rises to 7.9 index points — CBN
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of April 2026, even as insecurity, multiple taxation, and high interest rates continued to pose major operational challenges to businesses during the period. This was contained in the latest Central […]
Textile importation rises 17% to N267.7bn
By Yinka Kolawole The value of textile materials imported into Nigeria rose by 17 per cent year-on-year, YoY, to N267.7 billion in the first quarter of 2026 (Q1’26), highlighting the country’s continued reliance on imported textile products despite efforts to revive local production. Data from the National Bureau of Statistics, NBS, showed that textile imports increased […]
Brevity Anderson, EICBI partner across Africa, Europe, India
By Sebastine Obasi Brevity Anderson UK and the Europe-India Centre for Business and Industry (EICBI) have formally executed a strategic Collaboration and Services Agreement establishing a framework for long-term cooperation in trade facilitation, investment promotion, stakeholder engagement, and international commercial development across Africa, the European Union, and India. The Agreement provides for collaborative activities including trade […]
Tinubu approves 50,000 police recruits, hopeful on abducted pupils’ return
ABUJA — President Bola Tinubu has announced plans to recruit more than 50,000 new police officers and thousands of military personnel as part of measures to strengthen security across the country, while expressing hope for the safe return of schoolchildren abducted in Oyo and Borno states. Speaking in his Democracy Day address, Tinubu acknowledged that […]
Lekki Port Phase 2 construction set for kick-off, says Lagos govt
By Godwin Oritse Lagos State Governor, Babajide Sanwo-Olu, has announced that work on Phase 2 of the Lekki Port project will commence soon, a move aimed at strengthening the state’s position as West Africa’s leading maritime and logistics hub. Speaking at the Invest Lagos Summit 3.0 held in Lagos earlier in this week, Sanwo-Olu highlighted the […]
