Minister of Industry, Trade, and Investment Dr. Doris Uzoka-Anite unveils the government’s resolve to address unemployment and boost economic growth.
Economic Growth
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The Federal Executive Council (FEC) in Nigeria has set forth a budget proposal of N26.01 trillion for the upcoming fiscal year in 2024. This proposal will be submitted to the …
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Business
MAN Advocates for Specialized Manufacturers’ Bank, Seeks Enhanced Support for Sector’s Growth
The Manufacturers Association of Nigeria (MAN) urges the establishment of a dedicated manufacturers’ bank to streamline financial support for the sector, mirroring institutions like the Bank of Agriculture. Francis Meshioye, …
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Nigerian banks have increased their lending to the private sector to a record high of N54.76 trillion in August 2023, partly driven by the foreign exchange revaluation gains from the …
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Nigeria, Africa’s largest economy, faces a serious challenge of rising foreign debt as investors shun its domestic market. According to a National Bureau of Statistics report, Nigeria borrowed $1.21 billion …
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Prominent Kenyan lawyer and activist, Prof. Patrick Lumumba, has drawn attention to what he describes as a modern form of slavery—African talents emigrating abroad through work visas. Speaking at an …
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In a resounding display of commitment to Nigeria’s burgeoning small and medium-sized enterprises (SMEs), Google has announced the inauguration of the Hustle Academy SMB Fund. This groundbreaking initiative will provide …