FG Kicks Off Preparations for National Industrial Summit
By Oluwakemi Kindness The Federal Government has expressed optimism that the upcoming National Industrial Manpower Summit will help equip Nigeria with a skilled workforce capable of thriving in a globally competitive environment. Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, made this known while inaugurating seven planning committees tasked with organizing the […]
ICRC Backs FG’s PPP Factories for Paramilitary Uniform Production
By Oluwakemi Kindness The Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government’s Public Private Partnership (PPP) initiative in the shoe and garment factory under the Nigeria Correctional Service (NCoS) is capable of meeting a substantial part of the uniform needs of Nigeria’s paramilitary agencies. This development follows President Bola Tinubu’s directive on the procurement […]
NEPC, NBS Sign MoU to Capture Informal Cross-Border Trade Data
By Oluwakemi Kindness The Nigerian Export Promotion Council (NEPC) and the National Bureau of Statistics (NBS) have formalized a partnership through the signing of a Memorandum of Understanding (MoU) to improve data collection on Informal Cross-Border Trade (ICBT) in Nigeria. Speaking at the signing ceremony held at the NBS Headquarters in Abuja, NEPC Executive Director/CEO, […]
Meta Still Liable Despite Threats to Pullout From Nigeria – FCCPC
By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission says WhatsApp’s claim that it may be forced to exit Nigeria due to over recent order appears to be a calculated move at inducing negative public reaction and potentially pressuring the FCCPC to reconsider its decision. The FCCPC had investigated Meta Platforms and WhatsApp (jointly […]
Nigeria’s Non-Oil Exports Hit $1.791bn In Q1 2025
By Oluwakemi Kindness The Nigerian Export Promotion Council, NEPC on Monday, revealed that the nations value of exports in the first quarter of 2025 stands at one point seven nine one billion dollars. The Executive Director of the council, Nonye Ayeni, who disclosed the figures while addressing the journalists in Abuja on Monday, said the […]
Tribunal Backs FCCPC’s $220mn Ruling Against Meta, WhatsApp
By Oluwakemi Kindness The Competition and Consumer Protection Tribunal has upheld a $220m fine imposed on Meta Platforms Incorporated, the parent company of Facebook and WhatsApp LLC, by the Federal Competition and Consumer Protection Commission (FCCPC). The Tribunal affirmed the Commission’s authority, saying it complied with prevailing laws, discharged its mandate, and exercised its powers […]
ITF Abolishes Starter-Kits For Graduates Of Artisan Programmes
Oluwakemi Kindness The Industrial Training Fund, has abolished the practice of handing out Starter-packs to graduands of its skills training programs. Rather, the fund says it is exposing them to certification by both local and international awarding bodies to certify them as fit for both the local and international markets. The Director General of ITF, […]
Chinese Firm To Invest $1bn in Nigeria’s Sugar Industry
Oluwakemi Kindness The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for the development of a sugarcane cultivation and processing project capable of producing one million metric tonnes of sugar in the country. The MoU, which is an early fruit of the Nigeria-China Strategic Partnership-an […]
IWD; NEPC, ITC To Host Hershowcase 2025
Oluwakemi Kindness The Nigerian Export Promotion Council (NEPC) in collaboration with the International Trade Centre (ITC), is set for the HerShowcase 2025 in Abuja, Nigeria, under the framework of the United Kingdom (UK) Government-funded SheTrades Commonwealth+ Programme. This landmark event, themed “Trading Beyond Borders,” aims to support women-led businesses (WLBs) to increase their participation in […]
Suspend Fee Hike, FCCPC Tells MultiChoice
Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria, the operator of DStv and GOtv, to maintain its current subscription prices pending the conclusion of an ongoing investigation into the company’s proposed tariff adjustment. FCCPC disclosed this in a statement on Thursday by its Director of Corporate Affairs, Ondaje Ijagwu. […]