Business
NCC moves to deepen private sector participation in Internet Governance
L- R: Board Member, African Network Information Centre, Mr. Dewole Ajao; Chief Operating Officer, Nigeria Internet Registration Association (NIRA), Mrs. Seyi Onasanya; Executive Commissioner, Technical Services, Nigerian Communications Commission (NCC), Engr. Abraham Oshadami; Coordinator, West Africa Internet Governance Forum, Mrs. Mary Uduma; President Association of Telecom Companies of Nigeria (ATCON),…
Read More »Indonesia offers training opportunities to African maritime instructors through MOWCA
Secretary General, Maritime Organisation of West and Central Africa (MOWCA), Dr. Paul Adalikwu, with the Minister of Transport, Republic of Indonesia, Mr. Dudy Purwagandhi, at the International Maritime Organisation Headquarters in London Stanley Ihedigbo Maritime Organisation of West and Central Africa (MOWCA) has secured 48 Indonesian government-sponsored training…
Read More »Pension assets rise by ₦10.69trn in less than two years as 938,229 Nigerians join contributory scheme
Charles Okonji (Group Business Editor) National Pension Commission (PenCom) has disclosed that pension industry assets under management rose from ₦20.79 trillion in July 2024 to ₦31.48 trillion in June 2026, representing an increase of ₦10.69 trillion in less than two years. The Director-General of PenCom, Omolola Oloworaran, disclosed…
Read More »NEPC, NANS unveil STEP-X as Nigeria’s non-oil exports hit $6.1bn
Charles Okonji Nigerian Export Promotion Council (NEPC), in collaboration with the National Association of Nigerian Students (NANS), has launched the Students Trade, Entrepreneurship and Export Programme (STEP-X) to equip Nigerian students with the skills and certifications required to access international markets and promote non-oil exports. The programme…
Read More »Minister of Industry, Dangote, Adedeji, Oyerinde, others for CICAN 2026 Workshop
Stanley Ihedigbo Commerce and Industry Correspondents Association of Nigeria (CICAN) is set to bring together senior government officials, manufacturers, business leaders, regulators and other key stakeholders to examine the implications of Nigeria’s new tax regime and mandatory Environmental, Social and Governance (ESG) requirements on the country’s business…
Read More »NDIC warns Nigerians against Ponzi Schemes, urges savings in licensed banks
Stanley Ihedigbo Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians against keeping substantial funds with unlicensed financial operators and Ponzi schemes, urging members of the public to entrust their money only to licensed and regulated financial institutions. The Managing Director/Chief Executive of NDIC, Mr. Thompson…
Read More »MAN to CBN: Cut interest rates further, unlock credit for manufacturers
Stanley Ihedigbo Manufacturers Association of Nigeria (MAN) has welcomed the Central Bank of Nigeria’s decision to cut the Monetary Policy Rate (MPR) by 350 basis points to 23 per cent, describing the move as a positive step towards creating a more supportive financing environment for manufacturers. The Monetary…
Read More »Jani Ibrahim wins FEWACCI Presidency, to lead West African Chambers
Charles Okonji National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Engr. (Dr.) Jani Ibrahim, mni, OON, has been elected President of the Federation of West African Chambers of Commerce and Industry (FEWACCI). Ibrahim emerged victorious following a keenly contested…
Read More »GTCO H1 profit rises to ₦603bn as asset quality improves
Stanley Ihedigbo Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax (PBT) of ₦603.03 billion for the half year ended June 30, 2026, while declaring an interim dividend of ₦1 per share to shareholders. The Group disclosed this in its audited consolidated and separate financial…
Read More »‘Nigeria is like China in 1980s,’ NGX Chairman tells global investors
Stanley Ihedigbo Group Chairman of Nigerian Exchange Group (NGX), Alhaji (Dr.) Umaru Kwairanga has likened Nigeria’s current economic prospects to China in the 1980s, urging global investors to take advantage of emerging opportunities in the country’s infrastructure, solid minerals, agriculture, fintech and tourism sectors. Kwairanga made the…
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