Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
Naira rises to N1,540/$ in parallel market
The Naira yesterday appreciated to N1,540 per dollar in the parallel market from N1,545 per dollar last weekend.
CardCentre, telecom firm unveil eco-friendly SIM cards
By Peter Egwuatu Cardcentre Nigeria Limited, a subsidiary of Chams HoldCo and Africa’s leading smart card manufacturer, is taking innovation and sustainability to the next level with the launch of eco-friendly SIM cards across the Economic Community of West African States (ECOWAS). This pioneering initiative, developed in collaboration with MTN Nigeria, was officially unveiled in […]
Petrol consumption down 28%; pump hands idle at stations
•Operators recount ordeal, list causes •It’s trying time for marketers — IPMAN •Frequent price changes unhealthy for sector, expert warns By Obas Esiedesa Petrol consumption nationwide has fallen by 28 per cent over the past two years, as pump attendants across filling stations are left with scanty vehicular calls. Latest figures from the Nigerian Midstream and Downstream […]
Nigeria First’: FG targets N3trn earnings from policy — Minister
By Yinka Kolawole The ‘Nigeria First’ policy initiative of the federal government is expected to earn the country about N3 trillion in the short term if effectively implemented. Minister of State for Industry, Trade, and Investment, Senator John Enoh, stated this at a Ministerial Briefing on the forthcoming West Africa Industrialisation, Manufacturing & Trade (West Africa […]
Profit taking trails equities market
•As August turns out 0.3% gain By Peter Egwuatu Profit taking has continued to trail the stock market but the investors gained Month-on-Month, MoM, in August 2025 by 0.3% following the positive sentiments that sustained the market for most part of the month. Financial Vanguard MoM analysis shows that the Nigerian Exchange Limited, All Share Index, […]
