Economy/Business - News Agency Of Nigeria

Market gains N12bn, indices up 0.04%

On: March 9, 2023

By Olawunmi Ashafa The Nigerian stock market on Thursday gained, as the market capitalisation closed N12 billion higher on buying interests in some medium and largely capitalised stocks. The All Share Index (ASI) grew by 21 points or 0.04 per cent to close at N55,822.14 from the N55,801.14 recorded onContinue Reading

AfDB achieves gender parity in workforce

By: Rabi'u Sani Ali

On: March 9, 2023

In: Economy/Business

By Lucy Ogalue The African Development Bank (AfDB) says it has attained Level 1 Assess in recognition of its commitment to monitoring, benchmarking and achieving gender parity in its workforce. The bank’s Vice President, Jacques Edjangue, who disclosed this on Thursday in a statement said it attained this with theContinue Reading

World Bank president-nominee partners AfDB for transformative results

By: Ismail Abdulaziz

On: March 9, 2023

In: Economy/Business

By Lucy Ogalue US nominee for World Bank Group President, Ajay Banga, has emphasised the need to develop strong partnerships with the African Development Bank (AfDB) with a view to achieving transformative results. Banga, in a statement issued on AfDB’s website, said this when he visited the bank’s president, DrContinue Reading

Coy launches coffee pop-up at Jabi Mall Abuja

By: Salisu Sani Idris

On: March 7, 2023

In: Economy/Business

By Salisu Sani-Idris Tigray Coffee Company has announced the commencement of a month-long coffee pop-up at the Jabi Lake Mall in Abuja. The company’s Business-to-Business Manager, Mohammed Isa-Dikko, made the disclosure in a statement on Tuesday in Abuja. He explained that the engagement would run from March 8 through MarchContinue Reading

Stakeholders seek universal access to water, sanitation in Africa

By: Ismail Abdulaziz

On: March 7, 2023

In: Economy/Business

By Lucy Ogalue Leaders, development partners and government ministries have called for a universal guaranteed access to water and sanitation services in Africa. The stakeholders resolved this in a communique issued at the end of the 21st African Water Association International Congress and Exhibition. The event was held at theContinue Reading

IWD: Female captains of industry seek equitable representation of women

By: Vivian Ihechu

On: March 6, 2023

In: Business

By Rukayat Moisemhe Female captains of industry have emphasised the need to end structures and systems that impede the impartial and fair representation of women across the public and private sector of the Nigerian economy. They said this at the Bank of Industry (BoI) International Women’s Day (IWD) 2023 ConferenceContinue Reading

Licensed customs agents give conditions for participation at AGM

By: Vivian Ihechu

On: March 6, 2023

In: Economy/Business

Chiazo Ogbolu Only those licensed or are directors of companies licensed by Nigeria Customs Service (NCS) are qualified to attend the 2023 Annual General Meeting (AGM) of the Association of Nigeria Licensed Customs Agents (ANLCA). The Acting President of ANLCA, Dr Kayode Farinto, made this known at a newsContinue Reading

Population census crucial to economic growth, development – Elumelu

By: isaac aregbesola

On: March 6, 2023

In: Economy/Business

By Kadiri Abdulrahman The Chairman of United Bank for Africa (UBA) Plc, Mr Tony Elumelu, says adequate knowledge of Nigeria’s population will help accelerate economic growth and development. Elumelu, who is also the Chairman of Heirs Holdings Group and Transnational Corporation (Transcorp) Plc, said this in Abuja on Monday, atContinue Reading

Conference: Association seeks UN’s support for nation’s SMEs, industries

By: Salisu Sani Idris

On: March 5, 2023

In: Economy/Business

By Salisu Sani-Idris The Nigerian Association of Small Scale Enterproses and Industrialist has solicited the support of the United Nations towards boosting the Small Scale and Medium Enterprises (SMEs) and Industrialist sectors in the country. The President of the association, Mr Solomon Daniel, made the appeal in a telephone interviewContinue Reading

Nestlé Nigeria records 27.0% revenue growth for financial year 2022

By: Vivian Ihechu

On: March 4, 2023

In: Business

Nestlé Nigeria Plc has announced a 27.0% revenue growth in her 2022 financial results when compared to her performance in 2021. Also, the company posted a revenue of N 446.8 billion in the year under review as against N 351.8 in the preceding year. A statement by its CorporateContinue Reading

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