Industry

President Bola Tinubu has reiterated that his administration will give N50 billion conditional grants to one million nano businesses between now and March 2024, in order to strengthen the Macro, Small and Medium-scale Enterprise...

The United States has contributed $600,000 to the World Trade Organisation (WTO’s) Global Trust Fund to finance training programmes for government officials from developing economies like Nigeria, and least-developed countries (LDCs).

As concerns mount over the future of manufacturing and rapid de-industrialisation being experienced in the real sector, the umbrella body for manufacturers, the Manufacturers Association of Nigeria (MAN); the Raw Materials Research and Development Council...

The Nigerian-American Chamber of Commerce (NACC), has urged Small and Medium Enterprises (SMEs) in Nigeria, to embrace technology and harness its potential to the fullest in order to grow their business maximally and survive these challenging times. Speaking at the chamber’s spotlight event, a dedicated platform that provides SMEs the opportunity to gain transformational knowledge from…

The United States has contributed $600,000 to the World Trade Organisation (WTO’s) Global Trust Fund to finance training programmes for government officials from developing economies like Nigeria, and least-developed countries (LDCs). According to the trade body, this donation will help developing economies and LDCs broaden their expertise in WTO matters and enhance their ability to negotiate…

As concerns mount over the future of manufacturing and rapid de-industrialisation being experienced in the real sector, the umbrella body for manufacturers, the Manufacturers Association of Nigeria (MAN); the Raw Materials Research and Development Council (RMRDC), in collaboration with the Federal Ministry of Industry, Trade and Investment and the Federal Ministry of Science, Technology and Innovation, have jointly…

President Bola Tinubu has reiterated that his administration will give N50 billion conditional grants to one million nano businesses between now and March 2024, in order to strengthen the Macro, Small and Medium-scale Enterprise (MSMEs) businesses capabilities and capacities in the country, as they are the live wire of the country’s economy. He said this in…

• Warn operators against under-pricing risks for growth For the nation’s insurance industry to contribute significantly like other sectors of the economy to the Gross Domestic Product (GDP), there is a need for the sector players to address the issue of rate-cutting among underwriting firms in the country. The under-pricing of insurance policies in the…

The Kaduna State Government has commended the management of Arla Foods Nigeria for its investment on the Arla Farm project, which would contribute to the sustainable development and improvement of milk and dairy production in Nigeria.

With the official confirmation of Wale Adeniyi as the Comptroller-General (CG) of Nigeria Customs Service (NCS), the Centre for the Promotion of Private Enterprise (CPPE), has urged him to prioritise trade facilitation and remove all non-tariff barriers to trade in order to boost Nigeria’s Gross Domestic Product (GDP) and revenue generation at the gateways.

Experts drawn from different sectors of the economy have expressed concern over the rapid demise of Micro, Small and Medium-sized Enterprises (MSMEs), adding that major challenges in the country’s business environment have prevented many small businesses from hitting the five-year mark.

With Africa being regarded as the world’s fastest-growing continental economy and its business-to-business market fundamental to this boom, B2B expenditure in the continent’s manufacturing landscape is projected to reach $666.3 billion by 2030