Nigeria will need 15 years to transform economy – World Bank VP
The World Bank says that Nigeria must sustain its current economic reforms over the next 10 to 15 years to position itself as a leading global economic power, not only in sub-Saharan Africa but worldwide.
Promasidor introduces Twisco chocolate drink powder
Promasidor Nigeria Ltd has launched Twisco chocolate drink powder into the country’s beverage market.
Nigeria spends $5bn on food import, $1.5bn on milk annually
The Federal Ministry of Agriculture and Rural Development (FMARD) has estimated that Nigeria spends $5 billion to import foods annually out of which $1.5 billion goes to importation of milk and other dairy products.
NSIA, CDC Group sign MoU to upscale private sector investment in Nigeria
Nigeria Sovereign Investment Authority (NSIA) has signed a Memorandum of Understanding (MoU) with CDC Group, the UK’s publicly owned impact investor, to facilitate long-term inclusive growth and encourage private capital to scale up their participation in high-impact sectors of the Nigerian economy.
Lagos Assembly urges Sanwo-Olu to create MSMEs hubs
Lagos State House of Assembly has called on the Governor, Babajide Sanwo-Olu to create Micro, Small, and Medium Enterprises, MSMEs, hubs in the three senatorial districts in the state.
NBS set to conduct national business sample census
The National Bureau of Statistics (NBS) said it has concluded plans to conduct a national business sample census (NBSC), in collaboration with the World Bank.
