66 m. ago Experts Call For Enterprise Risk Mgt To Boost Nigeria’s Business Resilience

Risk professionals and executives have warned that weak risk culture and policy instability are undermining Nigeria’s business resilience, emphasizing the critical role of Enterprise Risk Management (ERM) in ensuring sustainable growth across sectors. The experts noted that fragmented risk approaches and regulatory misalignment expose firms to disruptions, urging businesses to integrate ERM into decision-making and […]

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68 m. ago NSDC, SINOMACH Seal $1bn Deal To Boost Nigeria’s Sugar Industry

The National Sugar Development Council (NSDC) has signed a landmark Memorandum of Understanding (MoU) with China’s state-owned conglomerate, SINOMACH, to develop a large-scale sugarcane cultivation and processing project in Nigeria with a target capacity of one million metric tonnes of sugar. The agreement, which is an early outcome of the Nigeria-China Strategic Partnership championed by […]

Politics

16 h. ago Expert urges action to boost Nigeria’s voter turnout in 2027

From Romanus Ugwu, Abuja The African Centre for Leadership, Strategy and Development (Centre LSD), a civil society organisation, has warned of a potential election blackout in 2027 unless urgent steps are taken to reverse the 26 per cent voter turnout recorded in the 2023 general elections. Dr Iroro Izu, an election expert and senior lecturer […] The post Expert urges action to boost Nigeria’s voter turnout in 2027 appeared first on The Sun Nigeria.

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25 h. ago How removal of import duties on solar raw materials can boost Nigeria’s industrial future

As Nigeria turns to renewable energy, solar power stands out as one of the most promising and accessible solutions to read more How removal of import duties on solar raw materials can boost Nigeria’s industrial future

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37 h. ago Strategic Shift: Hon. Nkiruka Onyejeocha Charts New Course with Massive 2.5 Million Jobs and Skills Drive

In a bold move to tackle unemployment and boost national productivity, the Federal Government of Nigeria is set to launch read more Strategic Shift: Hon. Nkiruka Onyejeocha Charts New Course with Massive 2.5 Million Jobs and Skills Drive

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37 h. ago Export promotion council begins cocoa production hub in Bayelsa

The Nigerian Export Promotion Council (NEPC) is enlarging cocoa export base in the South-South to boost Nigeria’s share of the read more Export promotion council begins cocoa production hub in Bayelsa

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51 h. ago Cormart To Launch Advanced Cold Storage Facility To Boost Food, Pharma Sectors

Cormart Nigeria Limited, a leading provider of chemical and food raw material solutions and part of TGI Group, is poised to open its cutting-edge cold storage facility to reduce food waste, preserve perishables, and improve pharmaceutical storage across Nigeria. With the country facing significant post-harvest losses due to inadequate storage, this facility offers 3,000 MT […]

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56 h. ago UBA launches upgraded PoS, MONI App to boost digital payments in Africa

United Bank for Africa (UBA) Plc has launched an enhanced Point of Sale (PoS) terminal alongside a revamped UBA MONI App, in its efforts to transform the digital payment landscape and empower small and medium-scale enterprises (SMEs) across Africa. The upgraded platforms form part of the bank’s ongoing campaign with the theme: Innovation for Progress: […] The post UBA launches upgraded PoS, MONI App to boost digital payments in Africa appeared first on The Sun Nigeria.

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2 d. ago Firm rolls out innovative technology to boost savings culture among Nigerians

A private sector firm, RentSpace Technologies, has rolled out Savings Bingo Challenge 1.0—a six-month initiative designed to help Nigerians save read more Firm rolls out innovative technology to boost savings culture among Nigerians

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3 d. ago RMRDC, BOI partner to boost Nigeria’s onion value chain development

By Olakunle Olafioye The Raw Materials Research and Development Council (RMRDC) and the Bank of Industry (BOI) have initiated discussion to halt post-harvest losses and enhance value addition to the onion value chain. Our correspondent learnt that post-harvest losses, inefficient market access, and a lack of processing infrastructure had long plagued the onion industry in […] The post RMRDC, BOI partner to boost Nigeria’s onion value chain development appeared first on The Sun Nigeria.

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4 d. ago RMRDC Sensitises Stakeholders On Africa Raw Materials Summit

Raw Materials Research and Development Council (RMRDC) has commenced a stakeholder engagement towards the Africa Raw Materials Summit scheduled for May 20 to 22, 2025. The RMRDC delegation for stakeholder engagement led by the director general, Prof. Nnanyelugo Ike-Muonso, visited Lagos to meet  key players in the manufacturing sector and raise awareness on the significance […]

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5 d. ago 2024 Bid Round: 10 Oil Block Awardees Begin Production — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 10 of the oil block awardees from the 2024 bid round have commenced production activities. This development marks a significant milestone in Nigeria’s efforts to boost oil production and revenue. This is as the Nigerian National Petroleum Company Limited (NNPC) reported that the Ajaokuta-Kaduna-Kano (AKK) […]

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5 d. ago ‘Why we create awareness on economic, industrial potentials of plantain’

Nnanyelugo Ike-Muonso, Director-General, Raw Materials Development Council (RMRDC), on Wednesday, harped on importance of creating awareness on the economic and read more ‘Why we create awareness on economic, industrial potentials of plantain’

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5 d. ago Maritime operations: APM to invest $500 million to expand in Nigeria

From Idu Jude, Abuja Foreign maritime operator APM Terminals has pledged a hefty $500 million to boost its port operations in Nigeria. The group shared this during a visit to Adegboyega Oyetola, Minister of Marine and Blue Economy, in Abuja. Led by Chief Financial Officer Peter Wikstrom, the team included Igor Van den Essen, President […] The post Maritime operations: APM to invest $500 million to expand in Nigeria appeared first on The Sun Nigeria.

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5 d. ago Dangote group seeks massive investment to boost Nigeria’s industry

The Dangote Group has advocated the need for massive investment in technology to boost Nigeria’s industrial sector and enhance global recognition. Speaking at Dangote’s Special Day on Wednesday, at the ongoing 36th Enugu International Trade Fair, Mr. Ayirioritse Okerentie, Deputy Regional Director, South East, Dangote Cement Plc, highlighted the importance of adopting best-in-class global practices Read More

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6 d. ago Temile Development Company’s Gas Sector Investments Hit $450m

The Nigerian gas sector has received a significant investment boost with Temile Development Company Ltd securing a contract with Hyundai Heavy Industries for the construction of an 88,000 cubic meter Very Large Gas Carrier (VLGC). The contract, signed in London, United Kingdom on Wednesday alongside a deal for the construction supervision contract with the NLNG […]

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6 d. ago Temile Development Company’s gas sector investment hits $450m

• Secures 88,000 cubic meter VLGC contract, FG hails investments drive The Nigerian gas sector has received a significant investment boost with Temile Development Company Ltd securing a contract with Hyundai Heavy Industries for the construction of an 88,000 cubic meter Very Large Gas Carrier (VLGC). The contract, signed in London, United Kingdom on Wednesday […] The post Temile Development Company’s gas sector investment hits $450m appeared first on The Sun Nigeria.

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6 d. ago FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

The Federal Government of Nigeria (FGN) Power Company has signed a major Engineering, Procurement, Construction and Financing (EPC&F) contract worth read more FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

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7 d. ago Flour Mills requests RMRDC support to boost wheat, sorbitol production

Flour Mills of Nigeria has called on the Raw Materials Research and Development Council (RMRDC) to take proactive steps to read more Flour Mills requests RMRDC support to boost wheat, sorbitol production

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1 week ago FX market: CBN injects $198 million to boost liquidity, stabilize trading

From Adanna Nnamani, Abuja In a move to stabilize the foreign exchange market and ensure adequate liquidity, the Central Bank of Nigeria (CBN) on Friday, intervened by injecting US$197.71 million through sales to Authorized Dealers. CBN Director, Financial Markets Department, Omolara Duke in a circular at the weekend, said that the intervention was necessary due […] The post FX market: CBN injects $198 million to boost liquidity, stabilize trading appeared first on The Sun Nigeria.

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