Emefiele tasks bank CEOs, others to reset economy
2021-02-26
The Governor of CBN Mr Godwin Emefiele, has urged Bank CEOs and other stakeholders to work together to reset the Nigerian economy.Continue Reading
Group urges measures to tackle dwindling fortunes in oil palm sector
2021-02-26
OPGAN has called for pragmatic steps by relevant government agencies to tackle the dwindling fortunes of the nation’s oil palm sector.Continue Reading
Osinbajo advocates knowledge-based regulation for cryptocurrency
2021-02-26
By Chijioke Okoronkwo Vice President Yemi Osinbajo says there is need to develop a robust regulatory regime that is thoughtful and knowledge-based for cryptocurrency. Osinbajo said that rather than adopt a policy that prohibited cryptocurrency operations in the country, regulators must act with knowledge and not fear. Osinbajo’s spokesman, LaoluContinue Reading
Profit taking persists on NSE, index returns to 39,000 mark
2021-02-26
By Chinyere Joel-Nwokeoma The market capitalisation of Nigerian Stock Exchange on Friday lost N155 billion amid increased profit taking. Speficially, the capitalisation, which opened at N20.978 trillion lost N155 billion or 0.74 per cent to close at N20.823 trillion. Similarly, the All-Share Index shed 295.60 points or 0.74 per centContinue Reading
Our investment drive yielding dividends – Fayemi
2021-02-26
Funmilayo Okunade The Ekiti State Governor, Dr. Kayode Fayemi, says the investment drive of his administration has been yielding dividends in key sectors of the economy. Fayemi spoke when he received the top management team of Sterling Bank led by the Divisional Head, Retail, Mr Shina Atilola, on Friday, inContinue Reading
Poor countries need billions for vaccination – World Bank
2021-02-26
Overcoming the economic consequences of the coronavirus pandemic requires international cooperation and debt reduction in poor countries, according to World Bank President David Malpass. This is what the head of the global finance and development organisation told the Italian newspaper La Stampa ahead of an online meeting of the G20Continue Reading
Borno govt. warns MDAs against exceeding spending limits
2021-02-26
By Yakubu Uba Borno State Government has warned ministries, departments and agencies against extra budgetary spending. Alhaji Adamu Lawan, the Commissioner for Finance, Budget and Economic Planning, gave the warning on Friday in Maiduguri while briefing the media on the 2021 approved budget. Adamu said that some ministries and parastatalContinue Reading
Firm evolves mechanism to enhance gender development
2021-02-26
An investment promotion firm, Compass Global Business Services, says it has evolved mechanism to enhance gender development.Continue Reading
NASS to pass Petroleum Industry Bill in April — Rep. Mongunu
2021-02-25
By Jane-Frances Oraka The National Assembly is expected to pass the Petroleum Industry Bill by end of April to ensure competitiveness in oil and gas industry. Rep. Mohammed Mongunu, the Chairman of House of Representatives Ad Hoc Committee on Petroleum, told newsmen on the sideline of the visit of theContinue Reading
Stock-fish dealers seek access to Forex
2021-02-25
By Mercy Omoike and Adebola Adegoke The Stock-fish Dealers Association on Thursday urged the Federal Government to grant importers of Stock-fish, access to the Foreign Exchange (FOREX). The group made the call in an interview with the News Agency of Nigeria (NAN) on the sidelines of a two-day Seafood Seminar in Lagos.Continue Reading
