By Okeoghene Akubuike With the continuous increase in the price of bread, many residents of the Federal Capital Territory (FCT) say they are struggling to keep up with the cost of the staple food. The residents, who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, pleadedContinue Reading
By Yunus Yusuf Hajia Aisha Mahmud, Commissioner, Customers Affairs, Nigerian Electricity Regulatory Commission (NERC), has cautioned electricity consumers against self- procurement of transformers, cables and accessories without formal agreement with distribution companies. Mahmud gave the warning at the commission’s three-day Customers Complaints Resolution Meeting with Eko Electricity Distribution Company’sContinue Reading
By Rukayat Moisemhe Mr Ebenezer Olufowose, Managing Director, First Ally Capital Ltd., has projected moderate expansion of the country’s Gross Domestic Product (GDP) in the first quarter of the year. He said this during the Nigerian-British Chamber of Commerce (NBCC) members’ evening/induction on Thursday in Lagos. The News Agency ofContinue Reading
By Rukayat Moisemhe Michael Ervin, Senior Foreign Service Officer, United States Consulate, Lagos, says access to capital for young companies and an enabling environment for technology start-ups will enable new perspectives to Nigeria’s economic growth and development. Ervin made the call at the American Business Council (ABC) Economic Update onContinue Reading
By Lydia Ngwakwe The Association of Private Practising Surveyors of Nigeria (APPSN) has urged private surveyors to equip themselves with the knowledge and skills needed to manage their finances effectively. APPSN, a sub-group of the Nigerian Institution of Surveyors (NIS), Lagos State Branch, gave the advice at its 2024 AnnualContinue Reading
By Grace Alegba The Infrastructure Report by Coronation Group, an African financial services, has highlighted private sector participation in funding of infrastructure projects as catalyst for economic growth and societal advancement. Aigbovbioise Aig-Imoukhuede, Managing Director of Coronation Asset Management, at the unveiling of the maiden edition of the report onContinue Reading
By Lucy Ogalue The World Trade Organisation (WTO) has inaugurated a 1.2 million dollar programme to improve export standard of Nigeria’s sesame and cowpea products. The WTO Director-General, Dr Ngozi Okonjo-Iweala, said this at the inauguration of the Seven Trade support programmes for Nigeria initiated by the WTO, World BankContinue Reading
By Lucy Ogalue The Nigerian Export Promotion Council (NEPC) has called for more support from the World Trade Organisation (WTO) and the International Trade Centre (ITC), to boost women led export businesses in the country. The Executive Director/Chief Executive Officer of NEPC, Nonye Ayeni, said this at the SheTrades NigeriaContinue Reading
By Angela Atabo A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for economic transformation. The experts made the call at a summit in Abuja on Tuesday, with the theme: “BRICS+ And Global South Collaboration;Continue Reading
By Kadiri Abdulrahman The Director-General, West African Monetary Zone (WAMZ), Dr Olorunsola Olowofeso, says expectation for an ECOWAS Single Currency by 2027 is no longer realistic. Oluwafeso, who said this in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja, said this was due to theContinue Reading
