By Emmanuella Anokam The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its US$30 billion funding of the energy sector in Africa. The Afreximbank said it has been able to make modest contributions in the oil and gas sectorContinue Reading
By Kadiri Abdulrahman A Financial Expert, Prof. Uche Uwaleke, says it is an “overkill’’ to increase the country’s Monetary Policy Rate (MPR) to 22.75 per cent from 18.75 per cent. Uwaleke, a professor of Capital Market at the Nasarawa State University, Keffi, said this in an interview with the NewsContinue Reading
By Kadiri Abdulrahman A renowned Economist, Prof. Ken Ife, says the Import dependence nature of the Nigerian economy is a major challenge fueling inflation and weak currency. Ife, a member of the Governing Council, Ministry of Finance Incorporated (MOFI), said this in an interview with the News Agency of NigeriaContinue Reading
By Rukayat Moisemhe The Nigerian Institute of Management Chartered (NIM) has sought the partnership of the Nigerian Civil Aviation Authority (NCAA) on managerial excellence to enhance the aviation industry and the economy in general. President, NIM, Dr Christiana Atako, said this during a courtesy visit to the NCAA. Atako saidContinue Reading
By Rukayat Adeyemi The Nigerian Exchange Ltd. (NGX) and the Capital Market community on Tuesday paid tribute to the late former Chairman of the NGX Group, Mr Abimbola Ogunbanjo, and pledged to sustain his legacies. They made the pledge while expressing their grief on the passing of late OgunbanjoContinue Reading
CBN raises interest rate by 400 basis points to 22.75 %Continue Reading
By Salisu Sani-Idris Arewa Traders Association of Nigeria (ATAN) has pledged to work with all its members in the Federal Capital Territory (FCT) to stabilize price of food items in the holy month of Ramadan. The newly appointed FCT Chairman of the association, Alhaji Habib Muhammad-Gajo, made the pledge inContinue Reading
By Nefishetu Yakubu No fewer than 350 public and private school teachers in Edo and Delta on Saturday graduated from Seplat JV Energy education empowerment programme in its host communities. The teachers were trained on Science, Technology, Engineering, Arts and Mathematics (STEAM) under the Seplat Teachers Empowerment Programme (STEP). TheContinue Reading
By Rukayat Moisemhe Top economists on Friday made suggestions towards Nigeria’s economic recovery and stability as well as restoration of the confidence of citizens and investors in the economy. They spoke at Proshare’s 2024 Economists’ Conference with the theme: “Policy Crossroads: The Choice between Strangulation and Expansion”. The conference wasContinue Reading
