By Lucy Ogalue Stakeholders say collaboration is important in boosting investments and ensuring Nigeria’s growth. They spoke at a Stakeholders ‘Engagement with Investment Promotion Agencies (SIPAs), organised by the Nigerian Investment Promotion Commission (NIPC) in Abuja. The Executive Secretary of NIPC, Aisha Rimi, emphasised the Importance of strengthening relationship betweenContinue Reading
CBN probe: Tinubu, Cardoso’s anti-corruption drive yielding results — AnalystContinue Reading
By Rukayat Moisemhe The Managing Director of Iwosan Wellness Centre, Dr Oluwatomi Kogo, has urged Nigerian leaders not to neglect their health while pursuing innovation, strategy and governance. Kogo gave the advice at a dinner organised by the Chartered Institute of Directors (CIOD) with the theme: “Leadership and Wellness: BalancingContinue Reading
By Okeoghene Akubuike Mr Adeyemi Adeniran, the Statistician-General of the Federation has called on stakeholders to take action to eradicate poverty in Nigeria. Adeniran, CEO, National Bureau of Statistics (NBS) said this at a Stakeholders Technical Dialogue on the “Operationalisation of the Multidimensional Poverty Index(MPI) as a Policy Tool inContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of insured sum to 2.3 million depositors of Heritage Bank in-liquidation within the week. The Managing Director of NDIC, Mr Bello Hassan, said this while briefing newsmen in Abuja on Wednesday. The managing director said theContinue Reading
By Lucy Ogalue The University of Abuja and the Gemological Institute of Nigeria (GIN) have signed a Memorandum of Understanding (MoU) to strengthen the mining sector. The GIN President, and 1st Deputy President, Abuja Chamber of Commerce and Industry (ACCI), Prof. Adesoji Adesugba, during the signing, said the MoU wouldContinue Reading
By Gregory O. Mmaduakolam An Economist, Mr Abba Adaudu, has decried the revocation of the licence of Heritage Bank by the Central of Nigeria (CBN) due to a breach of banking regulations. Adaudu, who is also a financial consultant, spoke with the News Agency of Nigeria (NAN) on Tuesday inContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is according to a statement issued by Hakama Sidi-Ali, the Acting Director, Corporate Communications Department of CBN on Monday in Abuja. Sidi-Ali said that the action wasContinue Reading
By Lucy Ogalue The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has reaffirmed the bank’s commitment to continue to deliver at scale to countries in the continent. Adesina said this at the sideline of an event to celebrate the bank’s 60th anniversary. The event was held on theContinue Reading
By Lucy Ogalue Africa needs to close a financing gap of about 402.2 billion dollars annually by 2030 to fast-track its structural transformation. Dr Akinwumi Adesina, President, African Development Bank (AfDB), said this during the presentation of the African Economic Outlook (AEO) 2024 at the ongoing AfDB Annual Meetings inContinue Reading
