By Femi Ogunshola Mr Daniel Akeju, an advisor and treasury manager, has faulted the Central Bank of Nigeria’s (CBN) recent increase in the Monetary Policy Rate (MPR) in an attempt to curb inflation and stabilise the economy. Akeju, a member of the Chartered Institute of Treasury Management (CITM), made hisContinue Reading
By Rukayat Adeyemi The Chairman, Board of Directors, Nestle Nigeria Plc, Mr Gbenga Oyebode, on Wednesday, expressed optimism for a turnaround in the company’s business operation in the ongoing year. Oyebode gave the assurance at the 55th Annual General Meeting (AGM) held in Lagos. He said the company wouldContinue Reading
By Rukayat Moisemhe & Oluwatope Lawanson The Federal Ministry of Industry, Trade and Investment (FMITI), on Wednesday trained stakeholders in the e-commerce ecosystem, to fully harness the potential of the National E-Commerce Strategy (NeCS). The Permanent Secretary, FMITI, Mr Nura Rimi, at the one-day National Sensitisation Workshop in Lagos, saidContinue Reading
By Lucy Ogalue The Director-General (D-G), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odii, has said that the agency will help to facilitate the export of made-in-Nigeria furniture. Odii made the promise when he visited the Kugbo Furniture Cluster Association in the Federal Capital Territory, AbujaContinue Reading
By Lucy Ogalue The Federal Government has approved the extension of the Presidential Enabling Business Environment Council (PEBEC)’s Regulatory Reform Accelerator Action Plan by 30 days. Dr Jumoke Oduwole, Special Adviser to the President on PEBEC and Investment, made the announcement on Tuesday in a statement. The News Agency ofContinue Reading
FG partners coy to provide quality employment for Nigerians By Lucy Ogalue The Federal Government is partnering with Unique Talent Export Limited (UTEL Ltd.) to connect Nigerians to foreign jobs in Kuwait, the Gulf Cooperation Council (GCC), and Scandinavian countries, among others. The Minister of Industry, Trade and Investment, DrContinue Reading
Nigeria’s cinema generates N2.25bn revenue in Q1, 2024 By Taiye Olayemi Nigeria’s cinema has generated a revenue of N2.25 billion from tickets sold in the first quarter of 2024. Filmone Entertainment, an independent film distribution and production company, revealed this in its Nigerian Box Office Year Book for 2023, releasedContinue Reading
By Rukayat Adeyemi Sabiwork, a pioneering startup, has introduced an innovative online platform cothat connect built environment professionals and artisans with project owners. This is to address the skills deficit in the country’s construction sector. Mr Olatayo Ajiboye, Chief Executive Officer, Sabiwork, said this in a statement made available toContinue Reading
Domestic securities market a major source of funding for FG – DMOContinue Reading
By Chinenye Offor The German Ambassador to Nigeria, Mrs Annett Gunther, says trade relations between Federal Republic of Nigeria and Federal Republic Germany currently stands at about three billion euros. Gunther, who made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja,Continue Reading
