By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin said this on Monday in Marrakech. AbdulMumin was reacting to a recent media report that raised concernsContinue Reading
By Rukayat Adeyemi The Deputy Speaker of the House of Representatives, Benjamin Kalu, has expressed concern about Nigeria’s reliance on debt at 63 years of Independence anniversary. Speaking at a stakeholders’ dialogue on the implementation of Section 45 of the Fiscal Responsibility Act, on Saturday in Lagos, Kalu said theContinue Reading
By Okeoghene Akubuike Ms Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), says a prosperous world economy in the 21st century requires a prosperous Africa. Georgieva said this at the 2023 Annual Meetings Curtain Raiser Speech on the Outlook for the Global Economy and Policy Priorities in CôteContinue Reading
By Rukayat Moisemhe A don, Prof. Adeolu Adewuyi, says further development of Nigeria’s manufacturing sector is crucial to driving the production of value-added products and engendering the country’s competitiveness under the Africa Continental Free Trade Area (AfCFTA). Adewuyi, Professor of Economics, University of Ibadan, said this at the ManufacturersContinue Reading
L-R : Mr Tawiah Ben-Ahmed MD/CEO Sanlam Ghana, Mr Bode Opadokun, MD/CEO, Sanlam General, Mr Tunde Mimiko MD/CEO Sanlam Life, Mr Ajibola Bankole, Deputy Director, NAICOM By Rukayat Adeyemi Sanlam Nigeria on Wednesday launched the Family love and Code of Confidence insurance products in commemoration of the Nigeria’s 63rdContinue Reading
By Kelechi Ogunleye Alhaji Muhammed Shehu, Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has tasked Nigerian on compliance with the payment of taxes to boost revenue generation in the country. Shehu made the call in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. HeContinue Reading
Mr Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank Plc, and Mr Admir Imami, Director & Head of Trade and Supply Chain Finance, British International Investment at the official signing of the $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries inContinue Reading
By Rukayat Moisemhe Lagos and Oyo states as well as the Federal Capital Territory (FCT) have emerged as best performing states in Nigeria’s socioeconomic scorecard, according to Analysts Data Services and Resources (ADSR). Dr Afolabi Olowookere, Managing Director and Chief Economist, ADSR, made the disclosure on Tuesday during a WebinarContinue Reading
By Perpetua Onuegbu Minister of Housing and Urban Development, Mr Ahmed Dangiwa, says BUA Plc’s decision to reduce price of cement to N3,500 per bag is a demonstration of the company’s commitment to improving lives. This is contained in a statement issued on Tuesday on Abuja by Deputy Director ofContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO) on Tuesday offered for subscription, Ijarah Sukuk valued at N150 billion. According to a statement by the DMO, the Sukuk is issued by Federal Government of Nigeria (FGN) Roads Sukuk Company PLC, on behalf of the Federal Government. It said thatContinue Reading
