By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has proposed a national policy on productive land use to boost food production, employment and economic growth. Dr Olasetemi Thompson, Vice President, Agriculture, ACCI, made the proposal in an open letter to President Bola Tinubu, on Tuesday in Abuja.Continue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says its proposed oil and gas investment summit in China will showcase Nigeria’s investment opportunities and promote partnerships to boost revenue and economic growth. The Chairman of RMAFC, Dr Mohammed Shehu, disclosed this at a Stakeholders’ Breakfast Meeting withContinue Reading
By Joy Oyerinde A financial expert, Dr Tunde Awesu, says the N930 billion decline in banking system liquidity has yet to significantly push up short-term interest rates, indicating that the financial system remains sufficiently liquid. Awesu, President, Metropolitan School of Business and Entrepreneurship, said this in an interview withContinue Reading
By Rukayat Moisemhe Mr Hisham Ezz El Arab, Business Unit President, Sub-Saharan Africa at Mondelez International, says people remain the most critical element for successful business transformation across Africa. Ezz El Arab made the assertion at the Lagos Business School (LBS) Leadership Dialogue, with the theme, “The 5Ps Business ofContinue Reading
By Taiye Olayemi The Nigerian equities market on Tuesday halted its three-day bullish rally as investors lost N1.879 trillion, following increased sell-offs ahead of the Dangote Petroleum Refinery IPO. Mr Aruna Kebira, Managing Director, Globalview Capital Ltd., attributed the market downturn to investors repositioning their portfolios ahead of theContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun consultations with oil and gas stakeholders to boost investment and Federation Account revenues. Dr Ekene Enefe, Chairman of RMAFC’s Investment Monitoring Committee, disclosed this on Monday in Abuja during a stakeholders’ engagement. Enefe, who represents Anambra onContinue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has announced the mandatory submission of all requests and procurement-related details through its Digital Submission Portal. The Director-General of BPP, Dr Adebowale Adedokun, made this known in a statement issued by Ngozi Anyaelezu, Assistant Chief Information Officer, in Abuja onContinue Reading
By Taiye Olayemi Mr David Adonri, Vice President of Highcap Securities Ltd., says the reclassification of Nigeria to the FTSE Russell Frontier Market status will boost foreign investors’ confidence, market liquidity and profitability. Adonri said this during an interview with the News Agency of Nigeria (NAN) in Lagos. NAN reportsContinue Reading
By Taiye Olayemi The equities market sustained its upward momentum on Friday, closing the week on a strong note as investors gained N405 billion. Price appreciation in companies such as: Abbey Mortgage Bank, Royal Exchange, Nigerian Breweries, John Holt and Daar Communications as well as 24 other stocks helped pushContinue Reading
Trade By Rabiu Sani-Ali The Federal Government has restated its commitment to deepening regional trade integration and promoting exports through the ECOWAS Trade Liberalisation Scheme (ETLS). The Minister of State for Foreign Affairs, Amb. Sola Enikanolaiye, stated this on Saturday in Bauchi at the ETLS sensitisation workshop for the North-EastContinue Reading
