Section
Reporting and analysis from the Business desk.
61 stories
The Pharmaceutical Manufacturers Group of Nigeria is urging the Federal Government to reduce energy costs and extend policy frameworks to achieve a 70% local medicine production target.
Five African innovators have been recognized for developing technology-driven solutions to healthcare and food security challenges across the continent. Each winner will receive financial backing and mentorship to scale their impact in underserved communities.
The National Inland Waterways Authority and Parts Central Ltd are launching a nationwide initiative to transform waterway pollution into economic value through waste conversion and job creation.
An investigative report has raised concerns over revenue leakages and smuggling within the Nigeria Customs Service, prompting a firm rebuttal regarding its valuation procedures and border enforcement. The controversy highlights the ongoing challenges of balancing trade facilitation with the integrity of national revenue collection.
Lagos State APC Chairman Pastor Cornelius Ojelabi has pledged to facilitate the reconstruction of the dilapidated Volks–Igbede road, a critical access route for Africa's largest electronics market. While internal infrastructure has seen a modern transformation, stakeholders warn that the decaying road remains a 'death trap' for traders and logistics.
Dr. Moji Davids of Xtralarge Farms & Resorts is advocating for the integration of agriculture, tourism, and healthcare to address Nigeria's rising mental health concerns and economic challenges. She argues that transforming farms into wellness destinations can create sustainable jobs while fostering a healthier, more productive population.
Traders at Alaba International Market have raised the alarm over crippling extortion and failing infrastructure, warning that deplorable road conditions are threatening one of Africa's largest commercial hubs.
The Association of Tourist Boat Operators and Water Transporters of Nigeria has called for an urgent increase in the supply of life jackets to enhance safety across the nation's waterways. The association emphasized that improving water transport navigability is essential to reducing the current pressure on Nigeria's road networks.
The National Institute for Hospitality and Tourism has inaugurated a national committee to establish a governance framework for industry professional bodies. This reform aims to standardize professionalism and enhance the global competitiveness of Nigeria's tourism sector.
Entrepreneur Roberta Edu is transforming Africa's food landscape by converting agricultural waste into clean energy and nutritious food products. Her work through Moppet Foods highlights the intersection of sustainability, innovation, and community empowerment.
The Federal Government has commenced the disbursement of a ₦50,000 grant to over one million nano-businesses to mitigate economic hardship. This initiative targets the country's most vulnerable traders to stimulate grassroots productivity and bolster household incomes.
