By ANITA KNIGHT GODFREY Okoye University, Enugu, has disbursed ₦7 million in seed capital to 140 student business groups under its STEP-S entrepreneurship programme. Each group of five students received funding to develop ventures aligned with key Sustainable Development Goals, including decent work and responsible production. Director of Entrepreneurship, Christopher Uwakwe, said the funds serve […]
By OBI DAVIES A Turning Point—or a Warning Sign? NIGERIA’S inflation rate is finally slowing, propelled by sharply lower food prices and a stronger naira. After years of soaring living costs, the inflation rate dipped to 16.05% in October, inching closer to the government’s 15% target and offering relief to households long squeezed by high […]
By TOSI ORE THE Federal Government has opened applications for the Student Venture Capital Grant (S-VCG), offering up to ₦50 million in equity-free funding for student-led startups. Targeting full-time undergraduates in 300-level and above, the scheme supports innovations in STEMM fields (Science, Technology, Engineering, Mathematics, and Medical Sciences). Beyond funding, successful applicants will receive mentorship, […]
By MAHMOOD MALIK MUSA (M.M.M.) IBRAHIM THE Federal Government has launched the 2025–2026 National Agricultural Growth Scheme, Agro-Pocket (NAGS-AP), aiming to support 80,000 registered farmers and generate an estimated ₦160 billion in output. At the flag-off in Maiduguri, Minister of Agriculture and Food Security, Sen. Abubakar Kyari, said Borno received 3,000 of the 40,000 hectares […]
By TINA TOLUTOPE FOR the first time in months, Nigerians from Anambra to Enugu and Ebonyi are walking into markets with a sense of relief. Prices of staples—rice, beans, garri, yam, vegetables—have dropped sharply, thanks largely to the harvest season. But behind the temporary ease lies a deeper concern: Can Nigeria sustain this price crash, […]
By TOSI ORE VITEL Wireless has unveiled its nationwide communication service, introducing a unified platform that blends traditional GSM with cloud-based technology to help businesses cut costs and improve team coordination. At the official launch on Tuesday, business leaders, SMEs, and industry experts gathered to explore how the company’s system is designed to deliver affordable, […]
By ESTHER McWILLIS-IKHIDE NIGERIA’S gas industry continues to power the nation’s foreign earnings, generating $10.01 billion from 13.53 million metric tonnes of liquefied natural gas (LNG) in the first nine months of 2025. The exports reached markets across Europe, Asia, and beyond, including Spain, France, Portugal, The Netherlands, Kuwait, South Korea, Pakistan, Jamaica, The Philippines, […]
By TOSI ORE THE Nigerian Society of Chemical Engineers (NSChE) has called on federal and state governments to strengthen SME-focused industrial parks, expand access to finance, and offer tax incentives to tech-based small businesses. Speaking ahead of the NSChE’s 55th Annual Conference in Enugu, National President Bayo Olarewaju-Alo said stronger research–industry partnerships and local […]
By TOSAN OYAKHILOME-AKAHOMEN PRESIDENTIAL nominee for Co-Chair of the Unclaimed Funds Trust Fund, Mrs. Obehi Okafor, has assured the Senate that unclaimed dividends and dormant bank balances placed under the fund will be safely managed and productively invested if her appointment is confirmed. Speaking before the Senate Committees on Finance and on Banking, Insurance and […]
By OBI DAVIES THE Nigeria Inter-Bank Settlement System Plc (NIBSS) has become the first payment system in Africa to reach the highest level of financial inclusivity, the “matured” tier, the AfricaNenda Foundation announced on Thursday. The announcement came during the launch of the State of Instant Payment Systems (SIIPS) 2025 report in Eswatini, with Nigerian […]