The Federal Government has commenced moves to create a N15 trillion Infrastructure Company (InfraCo) Fund in collaboration with the Central Bank of Nigeria (CBN), Nigerian Sovereign Wealth Investment Authority (NSIA) and other stakeholders, to bridge the nation’s infrastructure gap.

By Cynthia Alo In response to the widespread violence across the country that marred the peaceful #EndSARS protests and led to some deaths with many people injured and hospitalized, Coca- Cola Nigeria and its bottling partners, Nigeria Bottling Company (NBC) have provided a N20 million donation to an NGO, Whitefield Foundation, to help defray the […]

The Group Managing Director/Chief Executive Officer (GMD/CEO) of Jamub Group of Companies, Prince Jacob Momoh, has said that the organization has diversified and adopted strategies towards fighting youth unemployment and poverty in the country.

The World Bank has said that Nigeria was at a critical juncture, given the crash in its economic fortunes, occasioned by the current global economic crisis from the impact of the COVID-19 pandemic.

By Babajide Komolafe National Bureau of Statistics (NBS) said that the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive quarter by 3.62 percent in the third quarter of 2020. Economic recession is defined as two consecutive quarters of negative Gross Domestic Product (GDP) growth. Negative […]

The Lagos State Employment Trust Fund (LSETF) has launched a N5 billion intervention initiative tagged, Lagos Economic Acceleration Programme, LSETF-LEAP, to help micro, small and medium enterprises (MSMEs) in the state recover, save and create more jobs in the wake of the COVID-19 pandemic.

As part of its mandate to drive advocacy and address issues impacting the advancement of electronic payments and digital financial services in Nigeria, the Committee of e-Business Industry Heads (CeBIH) has urged Micro, Small, Medium Enterprises (MSMEs) to leverage the digital ecosystems to grow their businesses.

CNN International Commercial (CNNIC) has showcased a new global branded content campaign to demonstrate the impact of Dangote Industries’ investments across Africa through its transformational projects.

Skyrocketing food prices and scarcity of foreign exchange (FX) have emerged as the main drivers of soaring inflation and analysts see additional factor of fuel price and electricity tariff increases pushing steeper rise in the months ahead.

The Nigeria Investment Promotion Commission (NIPC) has announced addition of six companies with N175.28 billion investment value to the pioneer status industries for the third quarter (Q3) ended September 2020.