By Okeoghene Akubuike The Federal Government says it is discussing with the International Finance Corporation (IFC) to explore capital market and funding options in Nigeria for infrastructure development through Public Private Partners A statement issued by Ifeanyi Nwoko, Acting Head, Media and Publicity, ICRC on Sunday in Abuja, said thisContinue Reading
By Rukayat Moisemhe The International Finance Corporation (IFC) has announced an equity investment of 50 million dollars in the Lagos Free Zone Company (LFZ) to support Nigeria’s industrial growth and economic diversification. Dahlia Khalifa, IFC Regional Director, Central Africa and Anglophone West Africa, made this known at an official signingContinue Reading
By Rukayat Moisemhe The Abia State Government and the management of Radisson Blu Hotels on Friday signed a Memorandum of Understanding (MoU) to revive the state’s hospitality industry. Dr Alex Otti, Governor of Abia, at the signing ceremony in Lagos, stated that the agreement was to facilitate the buildingContinue Reading
By Okeoghene Akubuike The Federal Executive Council (FEC) has approved the concession of the Kashimbila Integrated Cargo/Agro-Allied Airport in Taraba, under a Public Private Partnership (PPP) arrangement. A statement issued in Abuja on Friday by Ifeanyi Nwoko, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), said that theContinue Reading
By Diana Omueza The Nigerian Shippers Council (NSC), says the Bill on Nigerian Port Economic Regulatory Agency currently awaiting presidential assent will enhance efficiency at the ports and boost export. Dr Pius Akutah, Executive Secretary of the council, said this on Thursday in Abuja, after receiving a delegation from theContinue Reading
By Rukayat Moisemhe The immediate past Chief of Naval Staff, Vice-Admiral Awwal Gambo (rtd), has called for the integration of emerging technologies into management practices to enhance organisational success. He made the call on Wednesday in Lagos at the investiture ceremony of the 25th President of the Nigerian Institute ofContinue Reading
Investment By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the country’s economy is on the rise with great investment opportunities. Edun said this while receiving a high-level delegation from First Abu Dhabi Bank, led by the Group Head of Investment Banking,Continue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has trained 15 youths in Information Communication Technology (ICT), administrative management, and other vocational skills. President of ACCI, Chief Emeka Obegolu, stated this during the 2nd graduation ceremony for the one-year competency-based training in Abuja. Represented by his 1stContinue Reading
Budget By Kingsley Okoye Senate President, Godswill Akpabio, has assured Nigerians that the 2025 budget will be transmitted to President Bola Tinubu for assent as soon as it is passed into law. Akpabio, who gave the assurance at plenary, emphasised the senate’s commitment to ensuring a seamless budgetary process. HeContinue Reading
Audit By Kingsley Okoye The Senate has expressed concern over persistent failure of some critical revenue generating agencies to respond to expenditure queries raised by Office of Auditor-General for the Federation, (OAGF). It also vowed to report and recommend sack of the chief executives of such agencies to President BolaContinue Reading
