Africa must break from raw materials export, Akpabio, others say

Senate President, Godswill Akpabio and other stakeholders have called for a radical shift in the continent’s approach to natural resource management, urging nations to abandon the historical role of merely supplying raw materials to the global market while others profit from innovation, branding, and economic control. The call was made in Abuja yesterday during the…

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NACCIMA woos global investors to Nigeria

The President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has wooed global investors to explore the vast opportunities in Nigeria’s dynamic yet volatile economy. Oye is in Giessen, Germany, where he delivered the keynote at the third International B2B Conference organised by the German Chamber of…

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CBN to prioritize foreign reserve growth for greater economic buffer

The Central Bank of Nigeria (CBN) will continue to grow the nation’s net foreign reserves beyond the level stipulated by the International Monetary Fund (IMF) to ensure the economy remains safe and healthy, CBN Governor Olayemi Cardoso, said yesterday after the Monetary Policy Committee (MPC) meeting, where key interest rates were held steady for the…

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GEC boosts Nigeria’s entrepreneurial influence

Nigeria’s participation at the Global Entrepreneurship Congress (GEC) has demonstrated her growing influence in global entrepreneurial ecosystem, Managing Director, Global Entrepreneurship Network Nigeria (GEN Nigeria), Dr. Olawale Anifowose, has said. According to him, GEC is both a meeting point and a growth platform, where Nigerian entrepreneurs engage with global ecosystems to connect, learn, and thrive….

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Dangote among TIME’s top 100 global philanthropists

The Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. Dangote is the only Nigerian on this distinguished list. The list, published by TIME Magazine yesterday, featured Aliko Dangote,…

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Dangote assures of petrol price stability

Despite the fluctuations in global crude oil prices, Dangote Petroleum Refinery and Petrochemicals, yesterday assured that it will ensure a stable price of the commodity. The company, in a release, signed its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian…

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UBA wins four awards at DBN service ambassador awards

United Bank for Africa (UBA) Plc has reaffirmed its leadership position in fostering economic growth and empowerment as it clinched four major awards at the 2025 Development Bank of Nigeria (DBN) Service Ambassador Awards which held at the weekend in Lagos. The prestigious awards, recognises financial institutions driving impactful support for Micro, Small, and Medium…

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CAPPA pushes for tax raise for sugar-sweetened beverage industries

The Corporate Accountability and Public Participation Africa (CAPPA) has urged Nigerian government to increase the tax tariff for Sugar-Sweetened Beverages (SSB) industries, as part of strategy to checkmating the contents of their products to safeguard public health. The Executive Director of CAPPA, Akinbode Oluwafemi, stated this during the opening ceremony of a two-day workshop on…

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