Agric ministry puts post-harvest loss at $10bn yearly
Beyond post-harvest losses, the Minister said the government’s approach to food security had evolved from its traditional emphasis on the availability, accessibility and affordability of food to include consumption of nutritious and diverse diets
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 […]
Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
NESG: Election, festive demands lift Business Performance Index to 117.8pts
By Babajide Komolafe Nigerian Economic Summit Group, NESG yesterday said that business activity expanded strongly in September, with the Current Business Performance Index, BPI, rising to 117.8 points from 112.7 points in August, citing stronger demand for goods and services ahead of election-related activities and the year-end festive season. The NESG stated that in the […]
Nigeria’s economy to grow at 4.3 % in 2026 — World Bank
…Predicts 4.4% in 2027, 2028 By Emma Ujah Nigeria’s economy is expected to grow by 4.3 percent in 2026 and rise to an average 4.4% from 2027 to 2028, according to the World Bank, in its latest edition of Nigeria Development Update (NDU). This was contained in the latest edition of the NDU, released […]
54 firms drag down equities’ capitalisation by N1.58trn
By Peter Egwuatu At the backdrop of profit taking in 54 companies’ stocks the stock market closed at the weekend shaving off N1.582 trillion from its capitalization. The market capitalisation closed at N161.26 trillion, down from N162.842 trillion the previous week. Consequently, the Nigerian Exchange Limited, NGX, All Share Index, ASI, declined by 0.97% to […]
