By Etop Ekanem Fidson Healthcare Plc has commended the Bank of Industry (BoI) for providing concessionary financing that has supported the growth of pharmaceutical manufacturing in Nigeria. The commendation followed a visit by delegations from the European Investment Bank (EIB) and BoI to Fidson’s manufacturing facility in Sango-Ota, Ogun State. The visit was part of the […]

By Providence Ayanfeoluwa There are indications that Nigeria loses N3.2 trillion annually ($4billion) to transport inefficiencies,  including gridlock, poor modal integration and logistics fragmentation. The Chairman of Global Transport Policy (GTP), Dr. Oluwasegun Musa, said this in his remark at the 2026 Annual GTP conference in Lagos. He said that the country’s logistics cost as a […]

By Peter Egwuatu The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA), aimed at deepening cooperation and accelerating integration of African capital markets. Speaking at the signing ceremony in Abuja, Director-General of SEC, Dr. Emomotimi Agama, stressed the need for greater collaboration among African markets. […]

As Customs seizes 870 smuggled vehicles worth N3.88bn in 15 months By Efe Onodjae Stakeholders in the automobile and maritime sectors have identified delays and high clearing costs as major reasons Nigerian car importers patronise neighbouring countries’ ports and also resort to smuggling. Data from the Nigeria Customs Service (NCS) show that no fewer than 870 […]

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 […]