THE Debt Management Office (DMO) has advised states to adopt measures that will prevent a debt crisis in their states. Director-general of the DMO, Patience Oniha, stated this at a World Bank-supported workshop in Lagos, with the theme ‘Borrowing Guidelines for Top Policy Makers.’ The workshop was organised to enlighten the states on legal frameworks […]
INDIVIDUALS and organizations intending to set up businesses have been urged to take advantage of the prevailing conducive environment in Asaba to invest their money. The Asagba of Asaba, His Royal Majesty, Prof Epiphany Azinge, SAN OON, FNIALS, made the call during a familiarization tour of some companies operating in Asaba. Asagba Prof. Azinge said […]
THE Food and Agriculture Organisation (FAO) of the United Nations has celebrated a major milestone in Nigeria’s agricultural sector with the graduation of a new cohort of Veterinary Paraprofessionals (VPP) under its project, “Empowering Veterinary Paraprofessional Entrepreneurs”. The ceremony, held at the College of Agriculture and Animal Science, Ahmadu Bello University, marked a step […]
Women in Mining in Nigeria is finalizing plans for its upcoming Gold and Gemstone Conference & Exhibition (GGCE) 2025, aimed at addressing challenges in the mining sector and offering practical solutions. The event is scheduled to take place from November 24 to 28, 2025, in Lekki, Lagos, and will gather key stakeholders across the precious […]
Hoscom Bulk Petroleum Retailers has expressed concern over a perceived asymmetrical market structure in Nigeria’s oil sector. Specifically, they warned that NNPCL’s recent actions may be creating a monopoly. This concern follows statements attributed to Bayo Ojulari, Group CEO of NNPCL, during a courtesy visit by PENGASSAN leadership. According to reports, Ojulari said he found […]
South Africa’s Department of Trade, Industry and Competition (DTIC), working with the South African Consulate General in Lagos, successfully concluded the 2025 Outward Selling Trade Mission to Nigeria. The week-long mission focused on building stronger business-to-business links, improving investor confidence, and promoting reforms that make trade easier between both countries. Acting High Commissioner and Consul […]
THERE’S a lot of hype right now about how intra-African trade through the African Continental Free Trade Area (AfCFTA) could replace the considerable loss of African exports to the United States (US) precipitated by the Trump administration’s steep tariff hike. Intra-African trade – which, at about 15–16 per cent of all African trade, is relatively low – […]
By OLUSEGUN KOIKI WESTSTAR Associates Limited, the authorised general distributor of Mercedes-Benz in Nigeria, has raised the alarm over the global increase in counterfeit automotive parts. This followed Mercedes-Benz’s 2024 report revealing alarming figures, which claimed that 793 raids conducted worldwide led to the seizure of more than 1.5 million fake Mercedes-Benz products. A statement […]
DESPITE multibillion-dollar investments in rice mills to boost local processing and production, many mills are closing or producing below capacity due to many reasons, as revealed in this piece. The Nigerian rice economy was worth an estimated ₦2.5 trillion in 2018, growing from ₦1.1 trillion in 2016, according to KPMG market analysis. According to the […]
By JOSEPH CHIBUEZE, Abuja The Debt Management Office (DMO) is offering the ₦200 billion Federal Government of Nigeria (FGN) bonds in August for subscription by auction. The DMO, in a statement posted on its official website yesterday, announced that the auction would take place on Monday 25 August 2025, with settlement fixed for Wednesday 27 […]