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
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
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
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
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
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
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
By Salisu Sani-Idris The National Economic Council (NEC), on Thursday ratified the Board of Directors of the Nigeria Sovereign Wealth Investment Authority (NSIA). The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, made this known while briefing newsmen at the end of NEC chaired by the Vice-President Kashim Shettima,Continue Reading
By Olawunmi Ashafa The Managing Director of Bank of Industry (BoI), Dr Olasupo Olusi, says the bank has raised over $5 billion from the international capital markets through Eurobonds, loan syndications, and green finance instruments since 2017. Olusi made this known on Thursday at the BoI’s 65th anniversaryContinue Reading
By Mufutau Ojo The Board of Trustees of Flagship Trust Fund has appointed Mr Fred Ohwahwa as its new chairman. The Fund’s Secretary, Aaron Ukodie, and Publicity Secretary, Emeka Okoroanyawu, said in a statement that Ohwahwa replaced its late founding chairman, Sen. Ayogu Eze. The statement added that the decisionContinue Reading
