Barbara Bako, Abuja. The Federal Ministry of Finance has appointed Mohammed Sanusi Danjuma, as Acting Permanent Secretary following the retirement of Raymond Omenka Omachi from the Federal Civil Service at the age of 60. Omachi retired on October
Bamidele Dave. Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released today. The report attributes this to conflict in the Middle East that has
Barbara Bako, Abuja. The Nigerian Economic Summit Group (NESG) has identified informal levies, concerns over tax fairness and poor visibility of tax-funded projects as major challenges undermining public confidence in Nigeria’s tax system. The survey titled “The NESG
By Barbara Bako The Minister of State for Industry has said the Federal Government is strengthening support for micro, small and medium enterprises (MSMEs) through tax incentives, free business registration and improved access to financing to boost their contribution
Barbara Bako, Abuja. African Export-Import Bank (Afreximbank) has reported a 24 per cent increase in net income to $813.5 million for the nine months ended September 30, 2026, from $654.3 million recorded in the corresponding period of 2025.
Barbara Bako, Abuja. The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, has reaffirmed the Federal Government’s ambition to build a $1 trillion economy, while the Nigerian Economic Summit Group (NESG) has called for stronger efforts to
Barbara Bako, Abuja. Vice President Kashim Shettima has warned against reversing President Bola Tinubu’s economic reforms for political convenience, urging Nigeria’s political and business leaders to support policy continuity to sustain the country’s economic recovery. Shettima said the
Local agritech firm Come Again Foods has emerged as the overall winner of the fourth edition of the NSIA Prize for Innovation (NPI 4.0), taking home $100,000 in cash and equity support. The announcement was made by the Nigeria Sovereign
Barbara Bako, Abuja. The Federal Government has disbursed ₦38.93 billion to 166 public tertiary institutions across the country under the Needs Assessment Revitalisation Fund to address infrastructure deficits and improve teaching and learning conditions. The disbursement, announced in
Barbara Bako, Abuja. The Development Bank of Nigeria (DBN) has unveiled a new initiative to expand financing for women owned businesses, alongside plans to reach more than two million micro, small and medium-sized enterprises (MSMEs) under its new five-year strategy.
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