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Governor Mutfwang Inaugurate Council to Boost Business Environment in Plateau

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In a decisive move to enhance the business climate in Plateau State, Governor Caleb Mutfwang has officially instituted the Council on Ease of Doing Business.

Mutfwang, while inaugurating the Council on Thursday in Jos, explained that the primary objective of this council is to help eradicate obstacles residents and investors encounter in their efforts to set up and grow their businesses in the state.

Represented by the Deputy Governor, Mrs. Josephine Piyo, the governor said his administration is introducing new measures and initiatives to promote the ease of doing business and attract more genuine investors and foreign direct investments into the state.

He noted that fostering a conducive business environment is paramount to economic growth and development.

“It is our collective responsibility to ensure that businesses thrive and flourish, leading to increased in job opportunities and a higher quality of life for our citizens.

“Plateau is blessed with abundant resources and untapped potential, we have a strong foundation to build upon by working together to unlock our true potentials.

“Small and medium businesses is the backbone of our country, businesses benefit the community by creating job growth and providing locals with job opportunities, an overall positive in terms of a healthy economy and a happy society,” he said.

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Leadway Begins Fourth Edition of Pages to Places Literacy Outreach Across Six States

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BY NKECHI NAECHE-ESEZOBOR—-Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has announced the commencement of the fourth edition of its flagship “Pages to Places” school outreach initiative. Scheduled to begin on June 3, 2026, the intervention will be rolled out across public primary schools in six key locations: Lagos, Warri, Ekiti, Port Harcourt, Kaduna, and Abuja, targeting underserved communities with critical educational resources.

Now in its fourth consecutive year, the “Pages to Places” initiative has become a cornerstone of Leadway’s corporate responsibility strategy aimed at improving educational outcomes for young Nigerians. By donating carefully curated literature books and deploying mobile libraries to beneficiary schools, the programme seeks to address gaps in primary education, strengthen baseline literacy levels, and cultivate a sustainable reading culture among children.

Speaking on the launch of the 2026 edition, the MD/CEO of Leadway Pensure, Olusakin Labeodan, emphasized the company’s long-term vision for child development. He noted that to secure the future, corporate organizations must intentionally invest in the total wellbeing of children today. He added that the initiative reflects Leadway’s enduring commitment to community development, providing children with the essential tools, confidence, and opportunities required to thrive and contribute positively to society.

Leadway’s focus on youth development during this period extended beyond literacy to encompass health and physical wellbeing. In commemoration of Children’s Day, the conglomerate partnered with Holdbodi to execute a community health outreach that supported over 3,000 children across the Agege, Ebute Metta, and Abule Egba areas of Lagos State. Furthermore, the company engaged with educational ecosystem stakeholders at the Akada Children’s Book Festival and sponsored the “Get Fit with Jhay” initiative to promote healthy, active lifestyles among young people.

Through these combined educational, wellness, and recreational interventions, Leadway continues to drive a holistic approach to corporate social responsibility, positioning education and health as interconnected pillars necessary for building resilient communities and securing a brighter future for the next generation.

The post Leadway Begins Fourth Edition of Pages to Places Literacy Outreach Across Six States appeared first on Business Today NG.

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Nigeria records $10.37bn capital importation in Q1 2026, up 83.83% — NBS

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Nigeria recorded $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent increase compared to the $5.64 billion received in the corresponding period of 2025

The development was contained in a report released by the National Bureau of Statistics (NBS) on Wednesday.

The bureau’s latest Capital Importation Report also showed that foreign capital inflows increased by 60.97 per cent from the $6.44 billion recorded in the fourth quarter of 2025.

According to the report, the increase reflects stronger investor participation in Nigeria’s financial markets during the period under review.

Portfolio investment dominates inflows

The report showed that portfolio investment remained the largest component of capital importation, accounting for $9.86 billion or 95.09 per cent of the total inflows recorded during the quarter.

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Other investments amounted to $374.48 million, representing 3.61 per cent of total capital imported, while foreign direct investment (FDI) stood at $135.08 million, accounting for 1.30 per cent.

The NBS noted that portfolio investment significantly outperformed other categories of capital inflows during the period.

Within the portfolio investment category, money market instruments attracted the highest inflows at $6.50 billion.

Investments in bonds totalled $3.23 billion, while equity investments totalled $131.81 million.

The figures indicate that investors continued to favour fixed-income instruments over equity investments during the quarter.

Banking sector attracts largest share

Sectoral analysis showed that the banking sector received the highest volume of foreign capital, attracting $7.55 billion, which represents 72.79 per cent of total capital imported during the period.

The financing sector followed with inflows of $2.43 billion, or 23.42 per cent of the total.

The production and manufacturing sector received $152.27 million, accounting for 1.47 per cent of total inflows.

Other sectors that attracted foreign investments included agriculture, telecommunications, information technology services, oil and gas, healthcare, construction, education, consultancy services, transport, trading and shares.

The United Kingdom emerged as the leading source of capital inflows into Nigeria during the first quarter of 2026.

According to the report, investments originating from the UK amounted to $5.08 billion, representing 49.01 per cent of total capital importation.

The United States followed with $3.18 billion, accounting for 30.69 per cent, while South Africa contributed $983.83 million, representing 9.49 per cent of the total.

Among financial institutions, Standard Chartered Bank Nigeria Limited handled the largest share of capital importation during the quarter.

READ ALSO: Average price of petrol rises to ₦1,532.93 per litre in April, up 18.97% — NBS

The bank received $4.41 billion in inflows, representing 42.56 per cent of the total capital imported into the country.

Stanbic IBTC Bank Plc followed with $2.78 billion, or 26.79 per cent, while Rand Merchant Bank facilitated inflows of $930.82 million, accounting for 8.97 per cent.

Other banks that processed foreign capital inflows during the period included Access Bank, Citibank Nigeria, First Bank of Nigeria, Guaranty Trust Bank, Zenith Bank, FCMB, Ecobank, Fidelity Bank and United Bank for Africa.

The NBS stated that the capital importation statistics were compiled using information supplied by the Central Bank of Nigeria and reports submitted by commercial banks on fresh foreign capital brought into the country.

The bureau added that the figures do not capture other components of foreign direct investment, including reinvested earnings.


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