Year Review: Manufacturing contracts in 2020, industrialists unsure of 2021
Like many governments, the Nigerian government has identified industrialisation as the tool to generate tangible nonoil revenue, increase employment opportunities, and contribute maximally to GDP. As part of government’s efforts…
COVID-19, #EndSARS cost MSMEs in Lagos N2.7bn in losses – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) says losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion, due to the recent Coronavirus (COVID-19) lockdown…
Mele Kyari, NNPC and the courage to lead
Each time you listen to Mele Kolo Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, you get the impression of a man who wants to be…
Katsina Billionaire, Mangal, Funds Presidential Candidate in the Niger Republic
Video: Video: https://youtu.be/Dx_6q4URwoM Popular Katsina Billionaire, Alhaji Dahiru Mangal, has donated over a hundred campaign vehicles in support of the presidential election bid of a former Minister, Mohamed Bazoum, in…
Imo Assembly passes N332.8bn 2021 appropriation bill; Gov’s office gets N11bn
The Imo State House of Assembly on Monday passed the state Appropriation Bill of N332.831 billion for the 2021 fiscal year. This excludes the Consolidated Revenue Fund Charge of N13.3…
AfCFTA, opportunity to increase intra-African trade by over 50%, add $76bn in income to the rest of the world – Report
The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely to be a watershed for African regional and international agri-food trade, a new report said….
SEC disowns Famzhi Interbiz, says company facing prosecution; warns public
The Securities and Exchange Commission (SEC) has disclaimed the activities of Famzhi Interbiz Limited saying that neither the entity nor their products are registered or regulated by the Commission. Mrs…
$4.6bn Ibom Deep Seaport to create over 300,000 jobs-Official
The Government of Akwa Ibom says the approval of $4.6 billion by the Federal Government to build Ibom Deep Seaport (IDSP) will create jobs for over 300,000 teeming youths in…
Border reopening: NSE market capitalisation hits N19trn; Dangote, MTN lead gainers
The Nigerian Stock Exchange (NSE) market capitalisation on Friday nosed up by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which…
Leo Stan Ekeh and the price for success
By Adesh Kalpesh Recently, there has been a sudden burst of corporate blackmail aimed at one of Africa’s most illustrious entrepreneurs, Leo Stan Ekeh. Most appalling is the pettiness and…