Trade Minister Hails SMEDAN’s G.R.O.W. Nigeria Model for MSME Development

Trade Minister Hails SMEDAN’s G.R.O.W. Nigeria Model for MSME Development

By Oluwakemi Kindness The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has commended the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) for its bold implementation of the G.R.O.W. Nigeria strategy. The strategy is a people-centred initiative designed to provide Guidance, Resources, Opportunities, and Workforce support for MSMEs across the country. Dr. Oduwole gave the commendation during her working visit to SMEDAN’s headquarters in Abuja, where she […]

July 16, 2025 9 2 3

Business

NSITF, NDPC Collaborate to Enhance Workers’ Welfare, Data Safety

By Chinedu Echianu The Nigeria Social Insurance Trust Fund, (NSITF), and Nigeria Data Protection Commission, (NDPC), have struck a partnership on promotion of workers' welfare, workplace safety and data safety. The two agencies agreed to work together for the welfare of Nigerian workers and protection of digital privacy of Nigerians at an inter-agency parley held at the headquarters of NSITF in Abuja. Managing Director of NSITF, Barrister Oluwaseun Faleye, while […]

July 15, 2025 5

Business

NSITF Boss Calls for Data-Driven Solutions to Workplace Safety

By Chinedu Echianu Managing Director of Nigeria Social Insurance Trust Fund, (NSITF), Barrister Oluwaseun Faleye, has advocated the adoption of Data-driven solutions for workplace safety and health. Faleye canvassed this position at the ongoing training on Enhanced Occupational Safety and Health, at the Kakanfo Inn and Conference Centre, Ibadan, the Oyo state capital. In his Keynote Address, the Managing Director asserted that evolving workplace environment required proactive measures as against […]

July 15, 2025 10

Business

NSITF Compensates Family of Deceased Seplat Energy Staff

By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has presented a lump-sum Employees’ Compensation Scheme (ECS) cheque of ₦86,028,283.30 (Eighty six million, and twenty eight thousand, two hundred and eighty three naira, thirty Kobo) to Seplat Energy Producing Nigeria Unlimited (formerly Mobil Producing Nigeria Unlimited) at Seplat House,in Lagos. A statement released by the Corporate Affairs Department of NSITF says the payment will be followed by ₦1,107,667.30 […]

July 11, 2025 5

NSITF and CAC officials meeting to discuss data-sharing alliance for ECS compliance

Business

ECS Compliance: NSITF, CAC Set to Establish Data-Sharing Alliance

By Chinedu Echianu In a bid to enhance compliance to the Employees’ Compensation Scheme (ECS), the Nigeria Social Insurance Trust Fund, (NSITF), has proposed collaboration with the Corporate Affairs Commission (CAC) for the setting up of a data sharing portal. Managing Director of NSITF, Barrister Olúwaṣeun Faleye, called for the collaboration at an inter-agency engagement between the Fund and CAC Wednesday, at CAC headquarters in Abuja. A statement signed […]

July 10, 2025 9

Business

Kogi Set to Transit to Contributory Pension Scheme — PENCOM Boss

By Chinedu Echianu Kogi State Pension Commission (PENCOM) says it is concluding plans to migrate from the Defined Benefits Scheme to the Contributory Pension Scheme (CPS) with full implementation expected to begin next year. The Director General of the Commission, Hajia Mariam Abedo disclosed this during an official engagement with the Special Adviser on Media to Kogi State Governor, Ismail Isah, in her office in Lokoja. She explained that the […]

July 9, 2025 11

Front view of NEPC headquarters in Abuja

Business

NEPC Denies Promotion Irregularities, Faults Online Report

By Oluwakemi Kindness The Nigerian Export Promotion Council has debunked claims of irregularities in its upcoming promotion exams, describing a recent online publication as misleading and factually incorrect. The report had accused the Council’s Executive Director, Nonye Ayeni, of planning to promote staff in violation of procedure — an allegation NEPC says is false and premature, as the exams are scheduled for July 9th to 11th and no promotions have […]

July 4, 2025 36

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Business

Turn Global Crisis to Opportunity, Afreximbank Tells Africa

By Oluwakemi Kindness The African Export-Import Bank (Afreximbank) has called on African nations to seize the moment and transform global financial and geopolitical instability into a catalyst for continental self-reliance, industrialization, and reform. This is the core message from the African Trade Report 2025 and Economic outlook report launched at the Afreximbank Annual Meetings (AAM2025) in Abuja on Wednesday.” It adds that despite headwinds of rising geopolitical tensions, new protectionist […]

June 26, 2025 12 1

Officials from the U.S. and Nigeria at the Abuja launch of the Commercial and Investment Partnership aimed at expanding bilateral trade.

Business

US, Nigeria Launch Trade Pact to Drive Investment, Create Jobs

By: Uju Nwachukwu In a bid to deepen commercial ties, drive mutual prosperity, the United States and Nigeria have launched the working group phase of their Investment Partnership in Abuja. The initiative, anchored on a five-year agreement signed in 2024, by US. Secretary of Commerce Gina Raimondo and Nigeria’s Minister of Industry, Trade, and Investment Doris Uzoka-Anite, aims to deepen bilateral commercial cooperation and expand economic opportunities in both […]

June 24, 2025 8