By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is according to a statement issued by Hakama Sidi-Ali, the Acting Director, Corporate Communications Department of CBN on Monday in Abuja. Sidi-Ali said that the action wasContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says plans are ongoing by the Federal Government to establish six mineral centres in the six geo-political zones. According to Alake, the aim is to boost the sector. Alake said this in an interview with the News AgencyContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says that plans are ongoing to increase the number of Mining Marshal Corps from 60 to 100. The increase would be across the 36 states of the federation and the Federal Capital Territory (FCT). Alake said this inContinue Reading
By Martha Agas Dr Dele Alake, the Minister of Solid Minerals Development, says the Federal Government will deploy technology for the surveillance of mining sites across the country. Alake said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. He said that the technologyContinue Reading
By Martha Agas The Ministry of Solid Minerals Development is determined to ensure that the solid minerals sector’s contribution to Nigeria’s Gross Domestic Product (GDP) surpasses that of oil, the minister, Dr Dele Alake, has said. Alake stated this in an interview with the News Agency of Nigeria (NAN) onContinue Reading
By Lucy Ogalue The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has reaffirmed the bank’s commitment to continue to deliver at scale to countries in the continent. Adesina said this at the sideline of an event to celebrate the bank’s 60th anniversary. The event was held on theContinue Reading
By Lucy Ogalue Africa needs to close a financing gap of about 402.2 billion dollars annually by 2030 to fast-track its structural transformation. Dr Akinwumi Adesina, President, African Development Bank (AfDB), said this during the presentation of the African Economic Outlook (AEO) 2024 at the ongoing AfDB Annual Meetings inContinue Reading
By Rukayat Moisemhe The Interior Designers Association of Nigeria (IDAN) has urged stakeholders across the interior design ecosystem to embrace a blend of multi-generational and futuristic aesthetics and designs to drive inclusion. The President of the association, Dr Jennifer Chukwujekwe, said that this would also help to safeguard the futureContinue Reading
By Rukayat Adeyemi, News Agency of Nigeria (NAN) As the Bola Tinubu-led administration clocks one year in office, some financial experts, while assessing the performance of the capital market, have commended the government’s efforts so far. The News Agency of Nigeria (NAN) reports that Tinubu was sworn in asContinue Reading
By Lucy Ogalue Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in 2023 to 4.2 and 4.4 per cent in 2024/2025. The African Development Bank (AfDB) Vice-President and Chief Economist, Kevin Urama, said this at Thursday’s highlight of theContinue Reading
