Category: Business

  • Alake Unveils New Incentives to Court Global Mining Capital

    Solid Minerals Minister Dele Alake announced incentives aimed at attracting global mining investors as Nigeria pushes deeper non-oil diversification. The strategy is expected to focus on policy clarity, value-chain development and improved investor confidence.

    Industry observers see the move as part of a broader attempt to formalise operations and expand jobs in critical minerals.

    2025-12-10

    The Nation

    2025-12-10

  • ICAN Targets 600 Technicians for Export-Ready Skills

    ICAN says it will train and certify 600 technicians in partnership with NACCIMA and the Nigeria Association of Technicians in Engineering. The initiative aims to enhance employability and standardise technical competence for local and international markets.

    Organisers frame the programme as a practical contribution to workforce development and economic diversification.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • Nigerian Breweries Rolls Out Desperados ‘Clock The Vibe’ Festive Season Push

    Nigerian Breweries has launched a Christmas campaign led by Desperados, featuring entertainment activations tied to major end-of-year events. The brand aims to deepen youth engagement through high-energy experiences in Lagos and Abuja.

    The campaign reflects the competitive festive marketing race among beverage brands for consumer attention during peak season.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • Soludo Commissions Protocol Lounge to Upgrade Anambra Airport Experience

    Governor Chukwuma Soludo commissioned a new protocol lounge at the Chinua Achebe International Airport, Umueri, describing it as part of an effort to modernise aviation infrastructure. Officials say the upgrade will improve services for dignitaries and business travellers.

    The state believes the investment will support tourism, logistics and investor confidence in Anambra’s growing transport ecosystem.

    2025-12-09

    Punch Newspapers

    2025-12-09

  • CBN Overhauls Agric Credit Guarantee to Support Small Farmers

    The Central Bank of Nigeria announced a major revamp of the Agricultural Credit Guarantee Scheme Fund to expand credit access for smallholder farmers. Governor Olayemi Cardoso described the reset as a strategic move to strengthen food security and inclusive growth.

    The overhaul includes a reconstituted board and renewed policy direction aimed at improving risk management and last-mile lending impact.

    2025-12-10

    Vanguard

    2025-12-10

  • LIRS Seals Shoprite Ikeja Outlet Over Tax Compliance Dispute

    The Lagos State Internal Revenue Service sealed the Shoprite outlet at Ikeja City Mall, citing alleged tax non-compliance under applicable laws. Officials warned against tampering with the agency’s enforcement seals.

    The action underscores Lagos’ intensified revenue enforcement posture amid broader cost pressures in Nigeria’s retail sector.

    2025-12-10

    The Nation

    2025-12-10

  • Lagos Issues ₦1.5bn Bond Certificates to 832 Retirees

    Lagos State presented retirement bond certificates valued at ₦1.5bn to 832 retirees under the contributory pension scheme. Officials said the state remains committed to timely remittances and improved pension administration.

    The presentation is part of efforts to sustain confidence in public service welfare and reduce legacy pension backlogs.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • NNPC Upstream Unit Hits Highest Daily Output Since 1989

    NNPC Exploration and Production Limited recorded 355,000 barrels per day on December 1, 2025, which it described as its highest daily output in 36 years. The company also reported a steady rise in average daily production since 2023.

    NNPC says improved asset management and operational discipline are driving the gains as Nigeria targets higher national output over the next few years.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • Senate Moves to Check Holiday Airfare Shock, Summons Keyamo

    The Senate summoned Aviation Minister Festus Keyamo and industry stakeholders over sharp increases in domestic airfares ahead of the festive season. Lawmakers said soaring ticket prices are worsening the cost-of-living burden on travellers.

    Committees were tasked to engage airlines and regulators and propose consumer-protection measures that balance affordability with operators’ rising costs.

    2025-12-10

    Punch Newspapers

    2025-12-10