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Cost of Healthy Diet rises 3% to N1,589/day

Cost of Healthy Diet rises 3% to N1,589/day

By Elizabeth Adegbesan The national average Cost of a Healthy Diet (CoHD) rose by 3.12 percent month-on-month (MoM) to N1,589 per adult per day in April from N1,541 per adult per day in March 2026. The National Bureau of Statistics (NBS) disclosed this yesterday in its CoHD Report for April 2026, noting that the increase was […]

Agents fault FG’s Green Tax on imported vehicles, demand suspension

Agents fault FG’s Green Tax on imported vehicles, demand suspension

By Godwin Oritse The Association of Nigerian Licensed Customs Agents (ANLCA) has called on the Federal Government (FG) to suspend the implementation of the Green Tax Policy, scheduled to take off from July 1st, 2026,  citing inadequate stakeholder engagement by the implementing agency, the Nigeria Customs Service (NCS). The association argued that key stakeholders, particularly licensed […]

AfCFTA lifts Nigeria’s intra-African trade by 21% to $9.02bn in 2025

AfCFTA lifts Nigeria’s intra-African trade by 21% to $9.02bn in 2025

Nigeria recorded a 21 per cent increase in intra-African trade in 2025, with total trade rising to $9.02 billion as the implementation of the African Continental Free Trade Area (AfCFTA) continued to unlock new export opportunities and deepen regional commercial integration, as businesses leveraged preferential market access and lower trade barriers. The latest African Trade Report […]

SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN unveils N500m zero-interest fund for MSMEs

By Yinka Kolawole The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled Grow Fund for Small Businesses in Nigeria, a N500 million zero-interest fund for Micro, Small and Medium Enterprises (MSMEs) in the country. SMEDAN Director-General, Charles Odii, announced the initiative, in Abuja, as part of activities to mark the 2026 World MSME […]

FG unveils 2026 push for industrial growth, trade, investment

FG unveils 2026 push for industrial growth, trade, investment

The Federal Government is set to intensify efforts to drive industrial growth, expand trade, mobilise investment and boost non-oil exports in 2026 as part of its economic diversification agenda. Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, stated this at a management retreat for directors-general, directors and chief executives of agencies under the ministry. She […]