By Nana Musa Ms Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), says that Artificial Intelligence (AI) has transformed various sectors, as well as security markets. Gopinath, however, cautioned against inherent risks. She said this on Monday, during the second IMF-International Organisation of Securities CommissionsContinue Reading
By Nana Musa Mr Wale Edun, the Minister of Finance and Coordinating Minister of Economy has led the Nigeria’s delegation to the 2025 International Monetary Fund (IMF) Spring Meeting holding in Washington DC. The News Agency of Nigeria (NAN) reports that the meeting, holding from April 21 to AprilContinue Reading
By Salif Atojoko The Democratic Front (TDF) says the 6.84 billion dollars balance of payment surplus in 2024 is another indication of economic prosperity under President Bola Tinubu’s administration. Malam Danjuma Muhammad, Chairman of TDF, in a statement on Monday said the development would boost investors’ confidence in the country.Continue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) has warned social media influencers and bloggers against promoting unregistered investment schemes. SEC’s Director-General, Dr Emomotimi Agama, gave the warning in a notice issued on Sunday in Abuja.He said the commission was working closely with the Economic and Financial Crimes CommissionContinue Reading
By Diana Omueza The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has reiterated the Federal Government’s commitment to delivering lasting dividends of democracy to Nigerians. Oyetola restated this in his Easter message to Nigerians. The News Agency of Nigeria (NAN) reports that Easter is a Christian celebration thatContinue Reading
By Aisha Cole The Nigeria Customs Service (NCS), Lilypond Export Command, says its Nigeria Export Supervision Scheme (NESS) revenue stood at N7.1 billion in the first quarter of 2025. The Comptroller of Customs (CAC), Lilypond Export Command, Mr Ajibola Odusanya, made this known during a news conference in Lagos. OdusanyaContinue Reading
By Taiye Olayemi Ecobank Nigeria has reaffirmed its commitment to supporting the growth of Small and Medium-scaled Enterprises across various sectors of the economy. Ms Omoboye Odu, Head of SME, Partnerships and Collaboration, Ecobank, made this knownContinue Reading
By Rukayat Moisemhe The Lagos Chamber of Commerce and Industry (LCCI) has urged government to incentivise investments in the agriculture, agro-processing and manufacturing sectors to reverse the continued weak growths in the sectors. Mr Gabriel Idahosa, President, LCCI, gave the advice at the Chamber’s Quarterly State of the Economy newsContinue Reading
By Rukayat Moisemhe The Chairman, Channels Media Group, Dr John Momoh, and the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) have called for sustainable development in the country’s media and creative industry. They made the call at the ICSAN Creative and Media Industries Workshop on Thursday in Lagos.Continue Reading
By Victor Nwachukwu The Nigerian Export Promotion Council (NEPC) has underscored the importance of forming product and area-based clusters to boost the development of the export sector. NEPC’s Executive Director, Mrs Nonye Ayeni, said this at a seminar on non-oil export development held in Owerri.Ayeni spoke on the theme, “ClusterContinue Reading
