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EBRD targets $1.5bn investments in Nigeria over 3 years

The European Bank for Reconstruction and Development  (EBRD) has set a target of investing at least $1.5 billion in Nigeria over the next three years as it expands its operations in Sub-Saharan Africa. The projection was disclosed by the EBRD’s Managing Director for Sub-Saharan Africa, Ms Heike Harmgart, and the bank’s Country Director and Head of […]

Nigeria targets green industrialisation with critical minerals roadmap

By Yinka Kolawole Nigeria is positioning its vast critical mineral deposits as the foundation for a new wave of industrial growth, following the unveiling of a strategic roadmap designed to convert the country’s mineral wealth into investments in clean energy manufacturing and domestic value addition. The roadmap, presented by the Council for Critical Minerals Development in […]

Manufacturers embrace local sourcing, value addition to cut import dependence

By Yinka Kolawole Nigeria’s manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to reduce dependence on imported inputs amid rising production costs that continue to undermine their competitiveness within the domestic and regional markets. Industry operators, however, warn that without lower financing costs, improved infrastructure, better logistics and stronger government support […]

I started my ICAN journey at 13, says Nigeria’s youngest chartered accountant

Nigeria’s youngest chartered accountant, Osasere Okundaye, has recounted how she began her journey with the Institute of Chartered Accountants of Nigeria, ICAN, at the age of 13, after finishing secondary school early. Okundaye spoke on Saturday during the Power Must Change Hands monthly programme at the Mountain of Fire and Miracles Ministries headquarters in Magboro, […]

Economics of state police: Matters arising

By Dele Sobowale Trust Nigerian leaders and My Fellow Citizens (“I am beginning to wonder how many fools it takes to make the term ‘My fellow citizens”, Honore de Balzac, 1799-1850) to leave undone what should have been done decades ago; and then to rush out to do it without considering one of the most important […]

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