By Lucy Ogalue Some stakeholders have reiterated the need for the financial sector to make deliberate effort towards increasing its contribution to the country’s Gross Domestic Product (GDP). They spoke during the16th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) on Tuesday in Abuja.Continue Reading
By Salisu Sani-Idris The Vice President, Kashim Shettima, said on Tuesday in Abuja that the recent policies and programmes introduced by President Bola Tinubu’s administration are already yielding tangible results. Shettima, stated this while speaking as a Special Guest of Honour at the opening of the 16th Annual Banking andContinue Reading
By Yakubu Uba The Borno Geograhic Information Service (BOGIS), has raised concern over the proliferation of illegal lottery houses in Maiduguri and environs. A statement by the Executive Secretary of the BOGIS, Adam Bababe, said there was noticeable increase in people leasing out thier lands in residential andContinue Reading
By Chiazo Ogbolu The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, says there is need for immediate rehabilitation of the critical infrastructure at the Apapa and Tincan Island ports Oyetola said this during his maiden visit to the Tincan and Apapa Ports on Monday in Lagos.Continue Reading
By Vivian Emoni The Minister of Solid Minerals Development, Mr Dele Alake, says that solid minerals will contribute 50 per cent to the nation’s Gross Domestic Production (GDP). Alake said this during the unveiling of Agenda for Transformation of the Solid Minerals for International Competitiveness and Domestic Prosperity, in AbujaContinue Reading
By Rukayat Adeyemi One of Nigeria’s leading real estate developers, Sterling Homes, has launched the first inclusive housing scheme named ‘Ojo Ola’, designed to make buildable lands accessible to low income earning Nigerians. The Chief Executive Officer (CEO), Sterling Homes, Dr Kunle Adeyemi, disclosed this to the News Agency ofContinue Reading
By Lydia Ngwakwe An economist, Prof. Akpan Ekpo, has urged the Central Bank of Nigeria (CBN) to take seriously the currency swap agreement with Peoples Bank of China (PBoC) to reduce reliance on dollars for trade. Ekpo, a former Director-General of West African Institute for Financial and Economic Management (WAIFEM),Continue Reading
By Constance Athekame The Abuja Electricity Distribution Company(AEDC) has announced Mr. Christopher Ezeafulukwe as its new Managing Director (MD)/Chief Executive Officer. AEDC’s Chief Marketing Officer, Mr Donald Etim, in a statement in Abuja on Saturday said that the new managing director assumed duty on Friday. Etim said that theContinue Reading
Neveah By Femi Ogunshola Neveah Ltd, a leading commodity trading company has announced Mr Akinsola Akinyemi as the Chief Financial Officer (CFO) and Executive Director of the company. The announcement is contained in a statement by Mr Ibidapo Lawal, the Chief Executive Officer of Neveah. He described Akinyemi as anContinue Reading
By Lydia Ngwakwe The naira appreciated against the dollar on Friday as it exchanged at N740.38 at the Investors and Exporters window. The naira gained by 2.93 per cent compared to the N762.71 it exchanged for the dollar on Thursday. The open indicative rate closed at N775.17 to the dollarContinue Reading
