The Federal Government has officially commenced applications for the free registration of 250,000 Micro, Small and Medium Enterprises (MSMEs) under a joint formalisation programme by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Corporate Affairs Commission (CAC). Global Mirror News reports that the initiative, approved by President Bola Ahmed Tinubu, is…
The Central Bank of Nigeria (CBN) has warned Nigerians, businesses and Financial Institutions against rejecting the standard N100 banknote, insisting that it remains a valid legal tender and that anyone found violating the law risks sanctions. The Apex Bank issued the clarification on Wednesday July 8, 2026, following reports that some traders and individuals had…
The Ogun State Government has secured another major investment boost as Presco PLC, one of Nigeria’s leading integrated oil palm companies, has announced plans to commence operations in the State with an initial investment of about $100 million. The development is expected to strengthen Ogun State’s Agricultural Sector, create thousands of jobs and further reinforce…
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks in a fresh regulatory enforcement aimed at strengthening the country’s financial system and ensuring strict compliance with banking laws. The Apex Bank announced the decision in a statement issued on Wednesday July 1 by its Acting Director of Corporate Communications,…
The Management of Anchor Pharmacy and Store has announced the postponement of the commissioning of its new wholesale Pharmaceutical outlet, citing the need to conclude final logistical arrangements for a successful and befitting ceremony. In a statement made available to Global Mirror News, the management thanked members of the cooperative and stakeholders for their overwhelming…
Nigeria’s First Lady, Oluremi Tinubu, has defended her recent advice encouraging low-income Nigerians to venture into small-scale businesses such as frying akara, roasting corn and producing kuli-kuli, insisting that thousands of petty traders have benefited from the Federal Government’s empowerment initiatives. Global Mirror News reports that the First Lady made the clarification during an official…
The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against taking advantage of consumers by failing to reflect the recent decline in global crude oil prices in their pump prices. In a statement issued on Sunday, June 28, the Executive Vice Chairman and Chief Executive Officer of the…
Arise News anchor Ayo Mairo-Ese has criticised Nigeria’s First Lady, Oluremi Tinubu, over her recent remarks encouraging women to embrace small-scale businesses such as frying akara (bean cakes), roasting corn, selling akamu (pap), and producing kuli-kuli (groundnut cakes) as a pathway to economic empowerment. Global Mirror News gathered that the comments followed the circulation of…
Ogun State Governor, Prince Dapo Abiodun, has signalled a major economic transformation for Ogun Waterside Local Government, announcing that the long-abandoned Olokola Liquefied Natural Gas (OKLNG) project is set for revival while reaffirming his administration’s commitment to positioning the coastal axis as Nigeria’s next industrial and maritime hub. The governor made the announcement on Friday…
The Lagos State Environmental Sanitation Corps, popularly known as the Lagos State Taskforce, has issued a 72-hour quit notice to street traders and illegal occupants along the Alaba Rago axis of the Mile 2–Badagry Expressway. Global Mirror News gathered that the notice comes ahead of a planned enforcement operation aimed at clearing illegal structures and…
