Business leaders have called on entrepreneurs and CEOs to build strong, globally competitive businesses to help drive Nigeria’s goal of becoming a trillion-dollar economy by 2030.
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By Muhyideen Jimoh The Tinubu Media Support Group (TMSG) says President Bola Tinubu’s economic reforms prompted British conglomerate PZ Cussons to reverse its planned exit from Nigeria. The group said the company’s decision highlighted improving macroeconomic conditions and growing investor confidence in the country. In a statement signed by ChairmanContinue Reading
By Taiye Olayemi Continental Reinsurance Holdings has confirmed the successful relocation of its Group Holding Company from Mauritius to Botswana. In a statement on Tuesday, the company said the move marked a new phase in its long-term growth and Pan-African expansion strategy. It said the relocation followed the completion ofContinue Reading
By Vivian Emoni Chief Emeka Obegolu, President of Abuja Chamber of Commerce and Industry (ACCI), has called for a structured grazing reserves to curb farmer-herder conflicts across the country. Obegolu, made the call at a news conference in Abuja on Tuesday, saying that ranching reforms would enhanceContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) has begun the process of liquidating Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, following the revocation of their operating licences by the Central Bank of Nigeria (CBN). The Corporation, in a notice to depositors andContinue Reading
By Philomina Attah The Code of Conduct Bureau (CCB) has given the reasons behind the law forbidding public servants from combining government work with private business and operating foreign accounts. The CCB Chairman, Dr Abdullahi Bello, who gave the explanation in an interview with the News Agency of Nigeria (NAN)Continue Reading
The Federal Executive Council (FEC) has approved three major Public-Private Partnership projects valued at more than N6.43 trillion (4.29 billion dollars), to strengthen Nigeria’s infrastructure, enhance economic competitiveness and attract private-sector investment nationwide.Continue Reading
The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles, on Thursday unveiled its 2.0 and electric mobility programmes aimed at expanding nationwide transition to cleaner and more affordable transport energy.Continue Reading
By Muhyideen Jimoh President Bola Tinubu has expressed deep displeasure over the backlog of unpaid funds owed to federal contractors across ministries and agencies. The President has therefor set up a ministerial committee to urgently address the issue and recommend immediate solutions for settling the debts. Presidenrial Spokesperson, Mr BayoContinue Reading
By Vivian Ihechu Prof. Pius Olanrewaju, President and Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN), says one of Africa’s most pressing economic challenges is cross-border payment settlements. According to him, this leads to Africa losing an estimated $5Continue Reading
