Business

New retail entrants into the retail sector in Benin City, Edo State, have reported impressive sales and patronage, with the foreign and local players eking millions in revenue in a short period of operation in the state. ` The outlets cut across department stores, food and confectionaries chains and discount …

The Edo State Government is collaborating with the United Nations Industrial Development Organization (UNIDO) on the realisation of the Governor Godwin Obaseki-led administration’s industrialisation drive, aimed at ensuring economic growth and development. The state government and UNIDO recently held a technical session with the heads of Ministries Departments and Agencies …

In line with Governor Godwin Obaseki’s drive to make Edo a hub for Information Communication Technology (ICT) and innovation talent in Nigeria, leading software engineering firm, Decagon, has concluded the screening of candidates for the Edo Tech Park. The park, set to open in Benin City, is aimed at training …

The Edo State Governor, Mr. Godwin Obaseki, has assured the implementation of policies that will empower youths and women as well as vulnerable persons to deploy digital platforms to make decent living and contribute to the state’s economic growth and development. Obaseki gave the assurance in commemoration of the World …

BENIN CITY – The Edo State Government has commenced enforcement of the Edo State Riders Permit and other documentation for all categories of tricycles and motorcycles operating within the state. The state-wide exercise kickstarted at Nomayo, Abiko and Okabere parks, in Ikpoba-Okha Local Government Area of Edo State. The enforcement …

Abuja – Transactions in cryptocurrencies are largely speculative, volatile and should be discouraged, the Central Bank of Nigeria (CBN) says. The apex bank gave the explanation in a statement on its official website, by Mr Osita Nwanisobi, Acting Director of Communications. The explanation is coming on the heels of widespread …

Abuja – The Technical Committee on Premium Motor Spirit (PMS) Pricing Framework has submitted its report to the Federal Government and the Organised Labour. Sen. Chris Ngige, Minister of Labour and Employment, made the disclosure while addressing newsmen at the end of a bipartite meeting with the Federal Government and …

The Equipment Leasing Association of Nigeria (ELAN) states that a major financing tool that can bring the economy out of the woods is equipment leasing. This was disclosed in the 2021 outlook released by the Association titled – “2021: A year of Cautious Optimism”. According to ELAN, “rebuilding the economy …

The Edo State Government has rolled out a licensing system for motorcycle and tricycle riders in the state, in furtherance of its efforts to check the influx of undocumented operators and curb criminality perpetuated with the motorcycles and tricycles in the state. Director of Transport, Ministry of Infrastructure, Mr. George …

BENIN CITY – The Edo State Government has partnered with the German development agency, the Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), on strengthening the state’s private sector to ramp up productivity and drive growth in a post coronavirus economy. The partnership involves the training of over 400 Micro, Small …