Navy confiscates 8.1m barrels of stolen crude, apprehend 120 barges – Official
2024-11-26
The Nigerian Navy confiscated more than 8.1 million barrels of stolen crude oil and 86,500 MT of illegally refined AGO in four years.Continue Reading
Ecobank Nigeria reaffirms commitment to construction, design sector growth
2024-11-26
By Grace Alegba Ecobank Nigeria has reaffirmed its dedication to the sustainable growth of Nigeria’s construction and design sector by empowering businesses, fostering economic development and strengthening partnerships across the industry value chain. Mrs Omoboye Odu, Head of SME, Partnerships and Collaboration, Ecobank Nigeria, disclosed this during a newsContinue Reading
Investment bankers celebrate resilience, successes
2024-11-26
By Olawunmi Ashafa The year 2023 was of both challenges and successes for Nigeria’s investment banking sector. In spite of a volatile economic landscape, investment bankers displayed remarkable resilience, successfully executing landmark deals that have shaped the nation’s economic trajectory. The 2023 Investment Banking Awards Dinner,Continue Reading
CBN raises interest rate to 27.50%
2024-11-26
By Kadiri Abdulrahman The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised interest rate by 25 basis points to 27.50 per cent from 27.25 per cent. The Governor of the CBN and Chairman of the MPC, Yemi Cardoso, announced the raise on Tuesday inContinue Reading
Association, CITN partner to boost Nigeria’s business-tax ties
2024-11-26
By Rukayat Moisemhe The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Monday forged an alliance with the Chartered Institute of Taxation of Nigeria (CITN) to enhance the business and taxation systems in the country. Mr Chimezie Ihekweazu, President of BRIPAN, during a business visit to CITN inContinue Reading
Kano fair: Dangote Pavilion turns focal point for customers
2024-11-26
The pavilion of the Dangote Group at the ongoing 2024 Kano International Trade Fair has become Mecca of a sort, attracting customers excited to make inquiries and purchases as the year winds down. Organised by the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA), the fair, themedContinue Reading
African leaders urge collective action to secure future
2024-11-24
L-R: The Minister of International Relations of Botswana, Dr Phenyo Butale, Ms Ahunna Eziakonwa, UNDP Assistant Secretary-General, President Duma Boko of Botswana, Mr Claver Gatete, UN Under-Secretary-General of ECA and Prof. Kevin Urama, AfDB’s Vice-President and Chief Economist at the opening of the AEC 2024 in Gaborone, BotswanaContinue Reading
NDIC reassures Heritage Bank depositors of prompt payment
2024-11-23
By Grace Alegba The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the defunct Heritage Bank that challenges delaying access to guaranteed sums above N5 million are being resolved. Mr Bello Hassan, Managing Director, NDIC, gave the reassurance on Saturday during the 2024 edition of theContinue Reading
NMCO decries lack of capacity among mining title holders
2024-11-23
By Martha Agas The Nigeria Mining Cadastre Office (NMCO) has expressed concerns that some mining title holders, who possess multiple cadastral units, lack the capacity to operate them. This was disclosed by the Director General of NMCO, Dr Obadiah Nkom, at a presentation at the ninth Nigeria Mining Week inContinue Reading
FX reforms improve valuation transparency, foreign investment-AIHN
2024-11-22
By Rukayat Adeyemi The Association of Issuing Houses of Nigeria (AIHN) says reforms in foreign exchange (FX) market has significantly improved valuation transparency in companies and increased foreign investment in the economy. AIHN’s President, Ms Kemi Awodein, said this at the association’s Annual General Meeting(AGM) in Lagos. Awodein explainedContinue Reading
