Business

China Pledges Support For Nigeria’s Anti-Terrorism Efforts, Trade Expansion

China Pledges Support For Nigeria’s Anti-Terrorism Efforts, Trade Expansion

China Pledges Support For Nigeria’s Anti-terrorism Efforts, Trade Expansion Chinese Ambassador to Nigeria, Yu Dunhai, met with Foreign Affairs Minister, Yusuf Tuggar, on Wednesday to discuss bilateral relations and ongoing cooperation between the two countries. This was contained in a statement issued by the Chinese Embassy in Abuja. Dunhai said, “Through the joint efforts of both sides, the China-Nigeria comprehensive strategic partnership has entered the fast track.” He highlighted China’s commitment to international cooperation, referencing the country’s 15th Five-Year Plan, and noted that “China and Nigeria have always understood and supported each other on issues concerning each other’s core interests.”…
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2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS; “Ohafia, The Emerging Niche”

2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS; “Ohafia, The Emerging Niche”

PUBLIC ANNOUNCEMENT 2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS.“Ohafia, the Emerging Niche” The Ohafia Local Government Area, under the dynamic leadership of the Mayor, Chief Eleanya OJUU KALU, proudly invites the general public to the 2025 OHAFIA TRADE FAIR tagged “Battle of Brands”, a grand economic event designed to showcase creativity, enterprise, innovation, and the commercial strength of Ohafia and Abia State at large. This historic trade fair will hold from: 📅 Tuesday 16th – Saturday 20th December, 2025📍 Ohafia LGA Secretariat, Ebem Ohafia⏰ 6:00am – 6:00pm daily THIS IS A CALL TO ALL NIGERIAN VENDORS & INDUSTRIESWe specially…
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How Governor Otti Is Rebuilding Confidence In Made In Aba Products – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

How Governor Otti Is Rebuilding Confidence In Made In Aba Products – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

How Governor Otti is Rebuilding Confidence in "Made in Aba" Products By Ebere Uzoukwa, PhD The launch of the Micro, Small and Medium Enterprises (MSME) Competitiveness and Industrial Productivity Program on Thursday, 27 October 2025, stands as a clear demonstration of how Governor Alex Otti is restoring pride and credibility to Made in Aba products. By introducing a structured system that prioritises standards, certification and global competitiveness, the governor is directly confronting years of erosion in consumer trust. He is reaffirming, through deliberate action, that Abia’s artisans and manufacturers possess the skill and ingenuity to meet the highest levels of…
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Ban On Sachet Alchohol Threatens N1.9 Trillion Local Investments – MAN

Ban On Sachet Alchohol Threatens N1.9 Trillion Local Investments – MAN

Ban On Sachet Alcohol Threatens N1.9 Trillion Local Investments — MAN The Manufacturers Association of Nigeria (MAN) has warned that the decision to ban the production and sale of alcoholic beverages packaged in sachets and small PET bottles by 31st December, 2025 could lead to the loss of over N1.9 trillion investments by indigenous companies and 500,000 direct, and 5 million indirect jobs. The outcry follows the recent directive by the National Agency for Food and Drug Administration and Control (NAFDAC) to effect a ban on sachet alcoholic beverages by the end of the year, based on a resolution passed…
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Abia’s Joint Agricultural Intervention Project: A New Catalyst For Food Security And Rural Agrobusiness – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

Abia’s Joint Agricultural Intervention Project: A New Catalyst For Food Security And Rural Agrobusiness – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

Abia’s Joint Agricultural Intervention Project: A New Catalyst for Food Security and Rural Agrobusiness By Ebere Uzoukwa, PhD Abia’s Joint Agricultural Intervention Project is emerging as one of the most ambitious agricultural renewal programmes in the Southeast. It represents a bold effort by the administration of Governor Alex Chioma Otti to reposition food production, strengthen rural enterprise and reinforce economic stability across the state. The recent inauguration of seventeen Farm Managers, one assigned to each Local Government Area, marks the transition from broad policy formulation to structured field level execution. At the ceremony, conducted on behalf of the Governor by…
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The Enyimba Economic Distric & The Rise Of Abia’s SME Powerhouse: A Historical And Data-Driven Argument- By Prof Chukwuemeka Ifegwu Eke

The Enyimba Economic Distric & The Rise Of Abia’s SME Powerhouse: A Historical And Data-Driven Argument- By Prof Chukwuemeka Ifegwu Eke

THE ENYIMBA ECONOMIC DISTRICT & THE RISE OF ABIA’S SME POWERHOUSE: A HISTORICAL AND DATA-DRIVEN ARGUMENT The story of Abia’s economic revival cannot be told without acknowledging the deep historical roots of enterprise in Aba. From the 1970s textile clusters to the legendary “Aba Made” boom of the 1980s and early 2000s, Abia has always been Nigeria’s grassroots innovation capital. Yet, despite its enormous informal productivity, successive administrations allowed the economic engine to decay—flooded roads, epileptic power, zero standards support, and no export architecture. By 2019, UNIDO and the National Bureau of Statistics classified the Aba industrial cluster as one…
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Ponmo Consumption Threatens $5 Billion Leather Industry – FGN

Ponmo Consumption Threatens $5 Billion Leather Industry – FGN

Ponmo Consumption Threatens $5 Billion Leather Industry – FGN The Federal Government has warned that the continued consumption of hides and skins, popularly known as ponmo, poses a serious threat to Nigeria’s leather industry, currently valued at about $5 billion. Speaking at the National Campaign Against the Consumption of Ponmo held on Thursday in Abuja, the Director-General of the Raw Materials Research and Development Council, Prof. Nnanyelugo Ikemounso, said the practice deprives local industries of vital raw materials needed for leather production and export. Ikemounso disclosed that the Nigerian leather goods market was valued at $2.79 billion in 2024 and…
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AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

PRESS RELEASE AI Boosts Currency Stability Across Emerging Markets — New University of Abuja Study Reveals Abuja, Nigeria A new study led by Dr. Chukwuemeka Ifegwu Eke of the University of Abuja’s Department of Economics and Sustainable Development Centre has revealed that Artificial Intelligence (AI) readiness significantly enhances exchange-rate stability across emerging economies. Drawing on panel data from 25 emerging nations between 2010 and 2024, the research—titled “Predictive Artificial Intelligence and the Stability of Financial Equilibrium in Emerging Economies: Dynamic and Lagged Adjustment Analyses”—demonstrates that countries with higher levels of AI development and digital finance adoption experience less currency volatility…
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Lagos Government Demolishes Ola Of Lagos’ Car Showroom

Lagos Government Demolishes Ola Of Lagos’ Car Showroom

Lagos Govt Demolishes Ola Of Lagos’ Car Showroom The Lagos State Government has reportedly demolished the car showroom owned by popular auto dealer and luxury influencer, Ola of Lagos. The social media personality confirmed the incident through his Instagram story, where he maintained a positive outlook despite the loss. A trending video captured the showroom being demolished, just months after he opened it. The reason for demolishing the structure wasn’t made public, as yet. In his reaction, Ola assured his followers that his business operations remain active and that a new showroom, “OOL Autos,” would soon open, promising it would…
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Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Beyond the Lekki Illusion: Aba's Real Manufacturing Might Humiliates Lagos' Paper Economy The narrative of "Lagos Boiled by Igbo Economy" and the potential for Aba to rival China in West Africa is not merely entrepreneurial aspiration; it is a story underscored by official data and a telling political context. The failure of President Bola Tinubu to personally commission the new projects of monumental significance for the industrial revival of the South-East, on multiple scheduled occasions may speak volumes to ignorant minds, but stop and ponder for a second. This perceived snub, whether logistical or political, stands in stark contrast to…
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