By Ginika Okoye Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has highlighted non-interest and equity financing as viable solutions to the prevailing global debt crisis. Edun said this at the maiden Securities and Exchange Commission (SEC) and the Islamic Financial Service Board (IFSB) internationalContinue Reading
By Rukayat Moisemhe The Lagos Chamber of Commerce and Industry (LCCI) has charged its 117 graduating entrepreneurs to use their technical knowledge and resilience to build strong communities and contribute to the sustainable development of Nigeria. LCCI President, Dr Michael Olawale-Cole, gave the charge on Tuesday in Lagos at theContinue Reading
By Fabian Ekeruche Stakeholders at the ongoing UN 28 Conference of Parties on Climate Change(COP28) have hailed the processes leading to the formulation of Nigeria’s Long Term Low Emission Development Strategy(LTS). They called on other developing nations to take a cue from it. This formed part of theContinue Reading
By Lucy Ogalue Equatorial Guinea has sought a partnership with Tiamin Rice, a leading rice mill in Nigeria, to foster sustainable agricultural development and enhanced food security across Africa. The Ambassador of Equatorial Guinea to Nigeria, Francisco Mague, said this in a statement issued by the company’s Business RelationsContinue Reading
By Olawunmi Ashafa The Federal Government has taken a significant step toward addressing the country’s power challenges by signing a historic memorandum of understanding (MoU) to launch a 1GW Solar PV Manufacturing plant in Nigeria. The agreement was reached at the ongoing 28th session of Conference of Parties (COP28) inContinue Reading
By Oluwatope Lawanson and Chiazo Ogbolu The Lagos State Governor, Mr Babajide Sanwo-Olu, has described the berthing of MV Great Lagos, largest container-RORO ship in Nigeria and West Africa sub-region, as an expression of confidence of the international community in Nigeria. Sanwo-Olu represented by his Deputy, Dr Obafemi Hamzat, saidContinue Reading
By Kadiri Abdulrahman A Professor of Capital Market at the Nasarawa State University, Keffi, Uche Uwaleke, says the 2024 budget as proposed by President Bola Tinubu is promising. Uwaleke, also President of the Association of Capital Market Academics of Nigeria, said this in an interview with the News Agency ofContinue Reading
By Kadiri Abdulrahman A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers to operate accounts without their BVN and NIN. Unegbu, a past president of the Chattered Institute of Bankers of Nigeria (CIBN), said this in an interview withContinue Reading
By Kadiri Abdulrahman The harsh economic situation in Nigeria, which has been exacerbated by the removal of petrol subsidy and high dollar exchange rates has become a major challenge for recreation businesses. A visit by the News Agency of Nigeria (NAN) to some recreation spots within Abuja showed low patronage,Continue Reading
By Salisu Sani-Idris The Federal Government has disbursed N135.4 billion to States and the FCT, after the second Independent Assessment of Results achieved under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES). The News Agency of Nigeria (NAN) reports that NG-CARES is a World Bank-assisted $750 million Performance ForContinue Reading
