Business
Kaduna Trade Fair Registers 248 Participants So Far – Official
Two hundred and forty-
eight participants have so far registered at the on-going Kaduna International Trade Fair, according to an official.
A senior organisiing officer of the fair, Mr Yusuf Billy, told newsmen in Kaduna that among the registered were local and international participants from eight countries.
He named the participating nations to include India, Hungary, Pakistan, Turkey, Ghana, Niger, Australia and Egypt.
Billy said that many government-owned and private agencies had also registered to participate in the fair.
It has been observed, however, that activities at the trade fair ground were picking up rather slowly as the turn out of people was not very massive but some participants were still mounting their pavilions at the ground.
Billy, who reacted to that, told journalists that the first two days of the trade fair were usually that dull.
“The activities are usually slow until much later, like from tomorrow. “You can also see that people are still registering; everything will fall in its proper place from tomorrow,” he said.
Meanwhile, participants at the 35th Kaduna International Trade Fair, which kicked off Friday, have been warned to adhere to the rules and regulations of the fair.
The Chairman, Security Committee of the fair, Col. Dudu Usman, gave the warning in Kaduna during an inspection.
He said that there were guidelines by the chambers to be followed but that some had been breached by some participants to the fair.
“If you have a stand, put your goods inside and not outside to create a passage for people to pass,” he said.
He advised the participants that did not have stands to get them through the chambers and obtain receipts.
“Only people who transact business with us legitimately will be allowed into the centre to exhibit their goods.
“We will not condole any misconduct, ours is to ensure that the environment is safe and conducive for everyone who comes to the fair,” he said.
When our correspondent visited the centre on Saturday, people were seen putting up stands to begin exhibition of their products.
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Business
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Business
CBN Reforms Impact Consumers As Dollar Card Spending Limits Rise
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
Business
WEC: FG Inaugurates Governing Board … As Nigeria Rejoins Council
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
