Kaduna, Nigeria – In a major move poised to reignite Nigeria’s manufacturing sector, the Federal Government has unveiled concrete plans to revive the long-dormant Kaduna Textile Mill. Announced by the Secretary to the Government of the Federation (SGF), Senator George Akume, this initiative signals a powerful push towards national industrialization and economic diversification under President …
Abuja, Nigeria – In a significant stride towards bolstering Nigeria’s vital small business sector, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) officially signed a Memorandum of Understanding (MoU) yesterday, July 18, 2025. This strategic alliance, forged at the SMEDAN Headquarters in Abuja, aims to drive inclusive economic …
Abuja, Nigeria – The Corporate Affairs Commission (CAC) is set to host a pivotal webinar next week, inviting the public, accredited agents, and key stakeholders to gain an in-depth understanding of its revolutionary Intelligent Company Registration Portal (ICRP). This AI-powered innovation marks a significant leap forward in transforming the landscape of business registration in Nigeria, promising a …
LAGOS, NIGERIA – July 16, 2025 – In a powerful and direct appeal, Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has urged wealthy Nigerians to prioritize investing in their homeland, emphasizing that it is the sole pathway to genuine national growth and sustainable development. His call comes amidst growing concerns about capital flight …
Port Harcourt, Rivers State – The Corporate Affairs Commission (CAC) has launched a groundbreaking Artificial Intelligence (AI)-powered registration portal, poised to significantly transform the ease of doing business in Nigeria. This new platform, a complete overhaul of the existing Company Registration Portal (CRP, was officially announced by the Registrar-General/CEO of the Corporate Affairs Commission, Hussaini Ishaq …
Abuja, Nigeria – In a significant boost to Nigeria’s industrialization drive, the African Export-Import Bank (Afreximbank) is set to commence construction of a $5 billion integrated textile industrial facility in Nigeria this July. This landmark project, announced by outgoing Afreximbank President Benedict Oramah, is a key component of the bank’s ambitious continent-wide industrialization strategy. The immense …
Lagos, Nigeria – Get ready to redefine your understanding of business success! An extraordinary masterclass, promising insights into building formidable empires across diverse industries, is set to take place on July 10th, 2025, at 11:00 AM (WAT) at the prestigious UBA House, 57 Marina, Lagos. This isn’t your typical business event. It’s a unique opportunity to learn from industry titans …
President Bola Tinubu recently ushered in a new era for Nigeria’s fiscal landscape by signing four pivotal tax bills into law. These reforms are hailed as essential to the success of his administration’s economic agenda and crucial for the nation’s long-term prosperity. A Harmonized and Efficient Tax System The new legislation aims to streamline and modernize …
The Nigerian government has taken a significant step towards diversifying the country’s economy with the launch of its first National Export Trading Company (NETC). This initiative aims to supercharge non-oil exports, enhance trade infrastructure, and support micro, small, and medium-sized enterprises (MSMEs) in participating in global trade. According to a report by businessday.ng, the NETC …
Nigeria, Africa’s largest economy, presents a dynamic and evolving landscape for entrepreneurs. As we navigate 2025, several states stand out as prime locations for new and expanding businesses, offering unique advantages in terms of market access, infrastructure, government support, and emerging opportunities. This article delves into the top states to consider, along with key factors …
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