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
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake has assured women in the mining sector of Federal Government`s commitment to training them with requisite skills necessary to thrive in the sector. Alake gave the assurance during a virtual conference organised by the Women Miners Association toContinue Reading
By Sumaila Ogbaje The Northern Ethnic Group Assembly (NEYGA), an NGO, has supported the move by the Senate to probe the Ajaokuta Steel Company (ASC), over allegations bordering on corruption. Its spokesman, Mr Ibrahim Dan-Musa, in a statement on Sunday in Abuja, said the petition to the Senate by someContinue Reading
By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a new brand aimed at ensuring prosperity for small business owners, especially women. The Director-General of SMEDAN, Mr Charles Odii, on Friday in Abuja, said it was part of the agency’s way of celebrating InternationalContinue Reading
By Vivian Emoni The Executive Chairman, Kano State Internal Revenue Service (KIRS), Mr Sani Dambo, has said that the state was targeting N10 billion internally monthly. Dambo said this at the 154th Meeting of the Joint Tax Board (JTB) on Wednesday in Abuja. He said that the state generated aboutContinue Reading
By Lucy Ogalue The Federal Government has reiterated that diversifying the country’s energy mix to Compressed Natural Gas (CNG) will create more jobs and wealth for Nigerians. The Director-General, National Automotive Design and Development Council (NADDC), My Joseph Osanipin, said this at the Critique/Validation Workshop for the recently developed NationalContinue Reading
By Kamal Tayo Oropo Some experts on Monday said that Africa needs supportive policies and robust infrastructure to tap the limitless opportunities of Artificial Intelligence (AI) to leapfrog its development. They said this in a statement issued on Monday by the Communications Section of Economic Commission for Africa (ECA)Continue Reading
By Kingsley Okoye Mr Vishal Jhadav, Managing Director, Crescendo Worldwide, an Indian multi-sectorial FDI consulting firm, says Enyimba Economic City (ECC) is expected to increase Nigeria and India’s trade volume to 20 billion dollars. Jhadav said this in an interview with the News Agency of Nigeria (NAN) in Abuja, onContinue Reading
By Lucy Ogalue Stakeholders on the African continent have urged governments to transit into inclusive, low carbon and resource-efficient economies by tapping into home-grown innovative solutions for financing. A statement issued on the Economic Commission for Africa’s (ECA) website quoted the stakeholders as saying this at the ongoing 42nd meetingContinue Reading
Nestlé Nigeria PLC has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 per cent increase of N100 billion compared to the corresponding period of 2022. Its operating profit also jumped by 41.2 per cent, reaching 122.7 billion; while Profit After Tax was negativelyContinue Reading
