American Business Council, CIPE unveil forum to strengthen democracy

By Rukayat Moisemhe The American Business Council Nigeria (ABC) in partnership with the Center for International Private Enterprise (CIPE) has unveiled a Private Sector Development for Democracy Forum (PSDdF) to strengthen democracy. The Chief Executive Officer (CEO), American Business Council, Mrs Margaret Olele, made this known at a media parleyContinue Reading

DMO enlightens Minna residents on benefits of FGN securities investment

By Obinna Unaeze The Debt Management Office (DMO) on Thursday called on residents of Niger State to invest in the Federal Government of Nigeria (FGN) securities in order to secure their future financially. Patience Oniha, Director-General, DMO, made the call on Thursday in Minna during a one day public awarenessContinue Reading

Why manufacturers are halting operations in Nigeria – Akpovie

By Lucy Ogalue Godwin Akpovie, the Managing Director and Chief Executive Officer (CEO) of Delta Special Economic Zone, says financial insecurity and multiple taxation are major challenges facing manufacturing sector in the country. Akpovie disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.Continue Reading

NCS: Smugglers using fake presidential number plates, others

  By Hussaina Yakubu Mr Chedi Wada, Comptroller, Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone “B”, Kaduna has lamented that smugglers have been using fake presidential number plates to deliver vehicles across the country. According to Wada, they have also been dubiously using such fake number plates belongingContinue Reading

Firstbank warns SMEs against sourcing finance from “loan sharks”

    By Lydia Ngwakwe Firstbank of Nigeria Ltd. has cautioned Small and Medium-sized Enterprises (SMEs) against seeking financing from unlicensed money lenders generally referred to as loan sharks. Dr Abiodun Famuyiwa, Head, SMEs Banking and Money Transfer of the bank, gave the warning at Firstbank SMEConnect Webinar on Wednesday.Continue Reading

Support Tinubu’s administration for quick economic recovery – NGO

  By Olanrewaju Akojede A Non-Governmental Organisation (NGO), GBS-Alliance for Africa Economic Development Initiative, (GBS-AAEDI), Florida, USA, on Tuesday called on Nigerians to support President Bola Tinubu in his economic recovery programmes. The group’s Chairman/Chief Executive Officer, Mr Bola Shonekan, made the appeal in an interview with the News AgencyContinue Reading

FG advocates non-interest financing, equity as solutions to global debt crisis

By Ginika Okoye Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has highlighted non-interest and equity financing as viable solutions to the prevailing global debt crisis. Edun said this at the maiden Securities and Exchange Commission (SEC) and the Islamic Financial Service Board (IFSB) internationalContinue Reading

CSR: LCCI tasks entrepreneurs on contributions to nation building

By Rukayat Moisemhe The Lagos Chamber of Commerce and Industry (LCCI) has charged its 117 graduating entrepreneurs to use their technical knowledge and resilience to build strong communities and contribute to the sustainable development of Nigeria. LCCI President, Dr Michael Olawale-Cole, gave the charge on Tuesday in Lagos at theContinue Reading

    By Fabian Ekeruche Stakeholders at the ongoing UN 28 Conference of Parties on Climate Change(COP28) have hailed the processes leading to the formulation of Nigeria’s Long Term Low Emission Development Strategy(LTS). They called on other developing nations to take a cue from it. This formed part of theContinue Reading