Business Solutions

Lagos, Nov.  22, 2024 – The evolution of the Nigerian digital economy is to receive a boost with the training of 30 Nigerian startups on new digital skills. They are to be trained on new digital skills, mentorship, and resources needed to build scalable, sustainable tech ventures The training is being organised by Beyond Limits, an international organisation driving digital innovation, leadership transformation, and business growth. The training will be done in partnership with the U.S. Consulate General in Lagos, Nigeria, in the Beyond Limits Fellowship for Founders Cohort 3.0. …

Abuja, Aug. 30, 2024 – Alhaji AbdulSamad  Rabiu, the Chairman of BUA Group, says cement dealers frustrated efforts of the company to sell cement at N3, 500, per bag. Rabiu said this at the 8th Annual General Meeting of the company on Thursday. He said the while the company was willing to sell at N3,500 per bag, dealers were not willing to pass the price reduction to end users, but were selling a bag at between N7000 and N8,000. The company chairman said his company has already sold over a …

Cairo, Aug. 15, 2024 – African Export-Import Bank (Afreximbank) has signed a project preparation facility agreement with Veenocks Limited for the financing of the development of Veenocks’ porcelain tile manufacturing plant located in Sagamu, Ogun State, Nigeria. The plant, to be operated as an indigenously owned state-of-the-art facility with an annual production capacity of 6.6 million square metres of floor and wall tiles, is expected to bring on stream assets with an estimated investment cost of US$117 million. Mrs Kanayo Awani, the Executive Vice President, Intra-African Trade and Export Development Bank, …

Lagos, Aug. 11, 2024 – The Centre for the Promotion of Private Enterprise (CPPE), a private sector think tank in Lagos, has appealed to regulatory agencies in the country to exercise their powers with more discretion. The centre gave the advice in a statement issued by its Chief Executive, Muda Yusuf, in Lagos on Sunday. The CPPE said it had observed a growing trend of irritations, distractions, and frustrations inflicted on manufacturing sector and investors in the country by the regulatory agencies. The CPPE said these overbearing regulatory dispositions often …