By Rukayat Moisemhe Some experts have called for a well-articulated and sustainable programme to decentralise the power sector regulatory environment and incentivise investors to boost natural gas production in Nigeria. They said this at the American Business Council (ABC) Economic Update with theme: “Energising Nigeria: Navigating Challenge
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Stakeholders say collaboration key to boosting investment, Nigeria’s growth
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 st
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CBN probe: Tinubu, Cardoso’s anti-corruption drive yielding results — Analyst
CBN probe: Tinubu, Cardoso's anti-corruption drive yielding results — Analyst
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Medical expert harps on balancing leadership, wellness
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: Balancing Success and W
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Statistician-General calls for action to eradicate poverty in Nigeria
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 in N
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NDIC begins payment of Heritage Bank depositors — MD
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 the move was to engender confidence
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Mining: Abuja varsity, Gemological institute sign agreement to boost sector
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 would leverage on the expertise of
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Economist decries revocation of Heritage Bank by CBN
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 in Abuja. He said that the […]
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CBN revokes licence of Heritage Bank
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 was in accordance with the apex [&h
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AfDB @60: Bank reaffirms commitment to Africa’s transformation
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 the sidelines of the ongoing 2024 […]
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