By Augusta Uchediunor Mr Akinjide Adeosun, CEO of ST. Racheal’s Pharma, has called on the Central Bank of Nigeria (CBN) to reduce the Cash Reserve Ratio (CRR) of Deposit Money Banks (DMBs) and other commercial banks. Adeosun made the call at the St. Racheal’s Pharma Finance Forum heldContinue Reading
By Emmanuel Oloniruha The Legwork Herald LTD, an international business management consulting company, has advised Nigerians in the Diaspora to engage legitimate firms for proper management of their investments and projects at home. The Chief Executive Officer of Legwork, Mr Olufemi Odebode, gave the advice in an interview with theContinue Reading
By Vivian Emoni Federal Ministry of Mines and Steel Development has called for more robust collaboration between it and its agencies to enhance growth in the mining and steel sector. The ministry’s Permanent Secretary, Dr Mary Ogbe, made the call when she visited Solid Minerals Development Fund (SMDF), a parastatalContinue Reading
By Rukayat Moisemhe The Managing Partner, ACIOE, Ekenem Isichei, says the demand for digital investment and resources to drive project and solution accuracy has accelerated the need for specialised insights provision. Isichei said this in a statement on Wednesday in Lagos. He said the firm ACIOE would continue to distinguishContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), and the Central Bank of Egypt (CBE) have signed a Memorandum of Understanding (MoU) to establish a Nigeria – Egypt Fintech Bridge. According to a statement obtained from the website of the CBN, the MoU was signed on Tuesday at theContinue Reading
By Lydia Ngwakwe Mrs Oludolapo Adigun, Group Head, Retail Banking, South, FirstBank, has advised Small and Medium-sized Enterprises (SMEs) to see opportunity in adversity and make good use of it to stay strong in business. Adigun gave the advice at a SMEConnect webinar, organised by the FirstBank forContinue Reading
By Ismail Abdulaziz President Bola Tinubu has directed the immediate review of the palliative to cushion the effect of removal of fuel subsidy. In a statement issued by Mr Dele Alake on Tuesday in Abuja, Tinubu directed the immediate review of the N8,000 conditional cash transfer programme meant toContinue Reading
By Chiazo Ogbolu The Nigerian Ports Authority (NPA) has generated N191.4 billion revenue in the first half of 2023 and remitted N55.7 billion to the Consolidated Revenue Fund (CRF). The NPA, Managing Director, Mr Mohammed Bello-Koko, stated this in half year report on Tuesday in Lagos. Bello-Koko said that givenContinue Reading
By Yusuf Yunus The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says country’s petrol daily consumption figure stands at 46.34 million litres per day, due to subsidy removal by the Federal Government. Mr Ahmed Farouk, Chief Executive, NMDPRA, disclosed this during a stakeholders meeting with oilContinue Reading
By Ismail Abdulaziz African Heads of State and Government have declared their commitment to advancing integration, development and cooperation within the continent. Mr Dele Alake, Special Adviser on Special Duties, Communications and Strategy, made this known in a statement on Sunday in Abuja. The leaders, representing the Bureau ofContinue Reading
