Nigeria Industrial Policy: FG secures $380m investment commitments in 90 days
By Yinka Kolawole The Federal Government has announced significant progress in the implementation of the Nigeria Industrial Policy (NIP) 2025, recording over $380 million in strategic financing commitments within its first 90 days and advancing key initiatives aimed at boosting local manufacturing, exports, skills development and industrial infrastructure. A 90-day progress report released by the Office […]
GBF gets N5m grant from Citi Foundation for SME’s development
Citi Foundation has awarded Growing Businesses Foundation (GBF) a grant of $35,000 (N5.11 million) for the implementation of the 2009 Citi Micro Entrepreneurship Awards (CMA) scheduled to hold at the end of the year.
FG, UNIDO budget N10 billion for SON’s Metrology laboratory
The Federal Government and the United Nations Industrial Development Organisation (UNIDO), have earmarked the sum of N10 billion to construct and equip a world class metrology facility for Standards Organisation of Nigeria (SON).
Naira gains another 150 kobo in parallel market
The Naira appreciated further against the dollar in the parallel market gaining 150 kobo last week. The currency also gained five kobo at the official market following sharp fall in amount of foreign exchange sold by the Central Bank of Nigeria (CBN)
FirstBank secures approval to operate in China
First Bank of Nigeria Plc has secured the approval of the China Banking Regulatory Commission (CBRC) to open a Representative Office in Beijing, China.
Jonnie Walker records 170% sales increase
Jonnie Walker (J&W), a scotch whisky brand says it sells 5 bottles per second every day which increased its sales profile to over 170 percent in the last three years in Nigeria, as it hosts second Striding Man Society (SMS) official gathering.
