By Muhyideen Jimoh Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), will lead Nigeria’s delegation to the 2025 World Bank and IMF Annual Meetings in Washington D.C., which starts on Oct. 13. Cardoso, who serves as Nigeria’s alternate governor at the Bretton Woods institutions, steps inContinue Reading
Adeyemi Adeleye Nigerian business stakeholders have applauded President Bola Tinubu’s economic reforms, following a $300 billion Foreign Direct Investment (FDI) commitment from Qatari investors to key sectors of the nation’s economy. They gave the commendation during a reception for a high-powered delegation from Future Union Group, Qatar, led by SheikhContinue Reading
By Taiye Olayemi and Rukayat Moisemhe Nigerian Breweries Plc has urged Nigerians to stop crushing and misusing its returnable bottles and crates, stressing their importance to the company’s sustainability goals and environmental protection efforts. Dr Uzo Odenigbo,Continue Reading
Okeoghene Akubuike The Bureau of Public Procurement (BPP) has unveiled a comprehensive framework and guidelines for strengthening procurement practices in Nigerian universities. Dr Adebowale Adedokun, the Director-General (D-G) of BPP, said this in a statement issued by Zira Nagga, Head, Public Relations, BPP, in Abuja on Friday. Adedokun spoke atContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says he has received threats over the recent revocation of 1,263 mineral licences for non-payment of annual fees. Alake stated this at a news conference ahead of the 10th edition of Nigeria’s Mining Week, themed `Nigeria Mining: FromContinue Reading
By Rukayat Moisemhe Experts have urged business leaders and directors to cultivate leadership that transcends generations through mentorship, institutional governance and value-driven decision-making to build enduring legacies. They gave the advice at the Chartered Institute of Directors (CIoD) Fellows evening in Lagos with the theme:Continue Reading
By Abdulrahman Kadiri TAJBank Limited’s N20 billion Mudarabah Sukuk bond has recorded 185.15 per cent oversubscription, showcasing its leading position in Nigeria’s non-interest banking market. TAJBank’s Managing Director, Mr Hamid Joda, said this in a statement on Friday in Abuja. According to him, the data just released by the investmentContinue Reading
By Taiye Olayemi The Nigerian equities market on Thursday sustained its upward trend as investors recorded a gain of N308 billion. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N92.490 trillion, appreciated by N308 billion or 0.33 per cent to close at N92.798 trillion. Similarly, the All-ShareContinue Reading
By Okeoghene Akubuike Dr Matthew Verghis, Country Director, World Bank Nigeria, has called on the Federal Government to reduce inflation, particularly food inflation, to bridge the gap between policy and people. Verghis said this based on the World Bank’s latest Nigeria Development Update (NDU) report, titled: “From Policy to People:Continue Reading
By Nana Musa The National Pension Commission (PenCom) has reaffirmed its commitment to strengthening collaboration with the judiciary in advancing Nigeria’s pension reform agenda and ensuring effective retirement benefits administration. The Director-General of PenCom, Omolola Oloworaran, said this at a Sensitisation workshop on the Contributory Pension Scheme (CPS) for JudgesContinue Reading
