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Oluwasina Phillip The federal government has directed that the validity period of licenses for operators in free trade zone areas be increased to five years. The Minister of Industry, Trade and Investment, Adeniyi Adebayo gave the directive at a stakeholders forum organised by the Nigeria Economic Zones Association in Lagos. …

The Development Bank of Nigeria has disbursed over N98bn to female entrepreneurs in Nigeria as at February 2022. Managing Director of the bank, Mr Tony Okpanachi made this disclosure in Abuja when the bank celebrated the International Women’s Day. Okpanachi stated that gender equity is crucial to meeting development goals, reducing …

The Federal Competition and Consumer Protection Commission has promised to protect consumers against unnecessary exploitation by artisans. Speaking at a one day workshop organized by FCCPC for artisans in Abuja on Thursday, the Commissioner for Operations, Dr. Adamu Ahmed Abdullahi stated that there was no proper regulation for artisans in …

The partnership between the Industrial Training Fund and the Nigerian Employers Consultative Association has produced over 12,603 highly skilled technicians in Nigeria within 12 years. The Director-General of ITF, Joseph Ari stated this on Thursday in Abuja at a media briefing. He said a joint survey of contemporary manpower requirement …

Nigeria’s Ambassador to the WTO, His Excellency, (Dr) Adamu Mohd Abdulhamid,, and Prof. Isa Ali Ibrahim Pantami, Hon Minister, Federal Ministry of Communications and Digital Economy during a Courtesy call on the Minister by the Ambassador in his office on 8th March,2022 The objective of the visit was to get …

The Nigerian Export Promotion Council has charged youths to tap into the numerous opportunities in the non-oil export value chain to better their lives and improve the nation’s Gross Domestic Product. The Trade Promotion Advisor, Ado Ekiti Export Assistance Office, NEPC, Mrs Iyabode Abe, said this would reverse the ugly …

In a bid to promote export businesses led by women, the Bank of Industry (BOI) has invested $10 million into a women-focused fund to support Nigerian business led by women.  The Managing Director and Chief Executive at BOI, Olukayode Pitan disclosed this while speaking at the banks international women’s day (IWD) celebration …

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, says Infrastructure Company Limited will commence talks on road infrastructure along the Lagos Free Trade Zone where Dangote refineries and Tolaram group industries are situated. He said road construction would decongest the environment around the LFTZ axis and the development would …

Oluwasina Phillip The African Development Bank President, Dr Akinwumi Adesina, has congratulated former President of Nigeria Olusegun Obasanjo on his 85th birthday. Adesina in a letter to Obasanjo, which he personally signed, described the former President as an inspiration to the younger generation. In the letter, Adesina said Obasanjo’s selflessness …

Nigeria’s phone subscribers hit 195.4 million in December 2021, according to the Nigerian Communications Commission. The Executive Vice-Chairman of the NCC, Prof. Umar Danbatta, made the disclosure at the 43rd Kaduna International Trade Fair which was held in Kaduna. But the commission’s boss revealed that the numbers grew by 2.27 …