Private sector

Credit to the private sector dropped by N3.8 trillion in November 2023 to N59.74 trillion from N63.57 trillion reported in October 2023. The Central Bank of Nigeria (CBN) in its money and credit statistics revealed that credit to the…

Minister of Sports Development, Senator John Owan Enoh has advised investors and major players in the private sector to take advantage of incentives put in place by the current administration to invest massively in the sports sector.…

The Head of Equity Research West Africa at Stanbic IBTC Bank, Muyiwa Oni, has said that the private sector output fell during June, halting 18 months of expansion as elevated costs weighed on consumers’ demand. Oni said this while…

Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments. This was stated by Acting Director General of the…

Nigeria’s representative on the United States Latin America Chamber of Commerce of Committee (USLACC) Mrs Ifeoma Mary Ejiogu has urged the government to encourage private sector participation in  national economic affairs like other…

The Federal Government is to collaborate with states and the private sector to establish more technical colleges and vocation centres to bridge the gaps in the country’s manpower needs. The Permanent Secretary, Federal Ministry of…

National Assembly says it will encourage collaboration between the public and private sector in harnessing demographic dividends resulting from Nigeria’s population Sen. Shuaibu Lau, the Deputy Chairman, Senate Committee on Population,…

Gov. Ifeanyi Okowa of Delta has urged players in the private sector in the country to partner the state government in the pursuit of sustainable development. Okowa made the call on Thursday during the inauguration of the “Youth Sport…

Mr Ken Ukaoha, a trade expert on Negotiations and Advocacy, has stressed the need for the private sector to be carried along in implementation of the African Continental Free Trade Agreement (AfCFTA). Ukaoha, also president of the…

The African Development Bank (AfDB) says it is partnering with the Nigerian Government to enhance youth development in the country. Ms Oley Dibba-Wadda, Director of Human Capital, Youth and Skills Development of the bank, disclosed this on…