Nigeria and Benin Republic Pursue New Core Investor for Savé Sugar Company Revival

▪︎NIGERIA’s Minister of State for Industry, Trade and Investment, John Owan Enoh, and the Republic of Benin, Minister of Commerce and Industry, Shadiya Alimatou Assouman. NIGERIA’s Minister of State for Industry, Trade and Investment, John Owan Enoh, has emphasized the urgent need for Nigeria and the Benin Republic to identify a suitable core investor promptly…

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Nigeria: Local drugmakers rushing to fill gaps left by multinationals

Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG- MAN) are scrambling to fill the gaps created by the recent exit of multinational pharmaceutical companies from Nigeria. Consequently, they are requesting the National Agency for Food and Drug Administration and Control (NAFDAC) to hasten the approval process for their products to enable them to replace…

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SMEDAN Data Insights: Over 50 Million Informal Businesses in Lagos

Dr. Olubunmi Kole-Dawodu, State Manager for the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has disclosed that Lagos is home to over 50 million informal businesses. This announcement was made during a recent stakeholders’ forum on Economic Data Performance, organized by the Lagos Bureau of Statistics (LBS) at the Lagos Chamber of Commerce…

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