• Boosting Nigeria’s GDP Through $34bn Untapped Remittances

    Annual remittance by Nigerians in diaspora is estimated at $34 billion and a large part of it never makes it into the country. Financial analysts urged the Central Bank of Nigeria (CBN) to institute framework that allows receiving these funds into the economy to boost dollar reserves and save the ...

  • Quickteller Expands PoS Footprints Across Cities To Grow Economy

    Quickteller Paypoint, a service under Interswitch Financial Inclusion Services (IFIS) has recruited additional point of sale agents in a market activation drive targeted at cities across Nigeria. Quickteller Paypoint platform is a service enabled to support the financial inclusion agenda of the federal government. Currently, it has over 35,000 agents ...

  • Access Bank Partners SME.ng On Digitalisation Of Women-owned Businesses

    Access Bank, through the W Initiative, a brand dedicated to Inspiring, Connecting, and Empowering women in all categories, has partnered with SME.NG to provide a one-stop-shop solution for women entrepreneurs in Nigeria. As an organisation that sees providing female entrepreneurs with an opportunity to access easy finance, wider market, technical ...

  • Shares Fraud: Court Dismisses IGI’s N52m Suit Against EFCC, Others

    Justice Tijjani Ringim of the Federal High Court in Lagos on Friday dismissed a N52 million fundamental rights enforcement suit filed by Industry and General Insurance Plc (IGI) against the Economic and Financial Crimes Commission (EFCC) over alleged shares manipulation and fraud. Justice Ringim in his judgment on the suit ...

  • FG, MTN Nigeria Woo Investors At US-Nigeria Investment Summit

    MTN Nigeria has joined the federal government delegation to woo investors participating at this year’s edition of the US-Nigerian Investment Summit scheduled to hold from September 17-18, 2021 in New York City. The participation is in furtherance of the company’s commitment to partner with the federal government, through the Ministry ...

  • Asociación Española y Cutcsa pusieron en marcha el programa "Vacunación Empresa a Empresa"

    Con la presencia del ministro de Salud Pública, Daniel Salinas, el subsecretario de la cartera, José Luis Satdjian, y autoridades de la Asociación Española y la empresa Cutcsa, se llevó a cabo el programa "Vacunación Empresa a Empresa" en la planta principal de la compañía de transporte.

  • Sanwo-Olu Approves Appointment Of Olatunji-Bello As LASU VC

    Lagos State Governor Babajide Sanwo-Olu has approved the appointment of Prof Ibiyemi Olatunji-Bello as the ninth substantive vice chancellor of the Lagos State University (LASU). Olatunji-Bello was appointed following recommendation by the Joint Committee of Council and Senate of LASU in accordance with the LASU Law, Cap 169 Vol 7, ...

  • Jaiz Bank Wins Global Most Improved Islamic Bank Award

    Jaiz Bank Plc, Nigeria’s premier non-interest bank was yesterday announced the Most Improved Islamic Bank 2021 in the world by the Global Islamic Finance Awards (GIFA). Chairman of GIFA Professor Humayon Dar congratulated Jaiz Bank for the award, saying the bank was the best out of three organisations considered in ...

  • Akume Seeks Promotion Of Diversity For Economic Growth

    Minister of special duties and intergovernmental affairs, Senator George Akume has called for the promotion of diversity that would grow and develop the Nigerian economy. Akume, who made the call in a lead paper he presented at the inaugural partnership economy summit, in Abuja, noted that time has come for ...

  • Northern Groups Back Emefiele On Economic Reforms

    Northern organisations under the auspices of Northern Advocacy Groups have endorsed the economic policies of the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele and faulted calls for his resignation by a group in the north. At a press conference in Abuja, Alhaji Mohamed Bashir-Ali (Northern Professional Forum), Hajia ...

  • Infrastructure: Katsina Govt Intensifies Drive For Public-Private Partnership

    Katsina State government has reiterated its resolve to work with other governmental organisations and private entities to enhance infrastructural and economic development of the state. The state deputy governor Mannir Yakubu stated this when he visited the headquarters of Infrastructure Concession and Regulatory Commission (ICRC) in Abuja. In a statement ...

  • Arewa Youths Expel Speaker For Criticising Buhari, Emefiele

    The Arewa Youths Assembly has impeached and expelled its Speaker, Mohammed Salihu Danlami, for attacking President Muhammadu Buhari’s economic policies. He was also accused of maligning the person and office of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and also threatening national security and the economy of Nigeria ...

  • Economy: Northern Groups Throw Weight Behind CBN Gov, Emefiele

    Some Northern groups under the auspices of Northern Advocacy Groups, Thursday, threw their weight behind the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, following calls for his resignation by another group in the North. This was made known in an address jointly signed by Alhaji Mohamed Bashir Ali ...

  • Sugar Council, Stakeholders Meet Over Zero Import Duty On Machinery

    The National Sugar Development Council (NSDC) has commenced moves to address issues related to the implementation of zero import duty incentive on machinery as contained in Nigeria Sugar Master Plan (NSMP). At a meeting in Abuja with the Nigeria Customs Service (NCS) and other key stakeholders at the country’s ports ...

  • THE ROLE OF ZUGACOIN IN UNEMPLOYMENT AND POVERTY ALLEVIATION, THROUGH MERCHANTS AND MARKETING AGENTS.

    The first professor of digital economy in the world, Arcbishop Sam Zuga lists roles of Zugacoin in unemployment, poverty alleviation in Nigeria. In line with his vision and mission to continue to identify the problems of Africa and re-emphasizing on the need to build a better Nigeria, while promising to ...

  • Sanwo-Olu Approves Olatunji-Bello’s Appointment As LASU VC

    Lagos State governor, Mr. Babajide Olusola-Sanwo-Olu, has approved the appointment of Professor Ibiyemi Olatunji-Bello as the 9th substantive Vice-Chancellor of the Lagos State University (LASU). Professor Olatunji-Bello was appointed following the recommendation of the Joint Committee of Council and Senate of LASU in accordance with the LASU Law, Cap 169 ...

  • Nigeria Can Earn N2trn From Livestock Annually, Says Expert

    The development of Nigeria’s livestock sector’s ecosystem can add at least N2 trillion to the economy within a short period if properly harnessed. The programme coordinator of Power Infrastructure Finance and Services (PIF Conferences) Mr Willie Tawo made the claim yesterday in Abuja to herald the forthcoming Nigeria international workshop ...

  • Egbe Congratulates Remo Stars On Promotion To NPFL

    Chief Executive Officer of Monimichelle Group, Ebi Egbe has congratulated Remo Stars on the club’s promotion to the Nigeria Professional Football League, elite division of the nation’s domestic league. Egbe in a statement said the Ikenne based club deserve their promotion given the high level of investment of the club’s ...

  • E-commerce Spending In Nigeria Estimated At $13b Per Annum– Trade Ministry

    The ministry of industry, trade and investment said current e-commerce spending in Nigeria is estimated at about $13 billion per annum and projected to rise to $75 billion in revenues by 2025. Dr. Evelyn Ngige, permanent secretary in the ministry, disclosed this yesterday in Abuja, at the second national e-commerce ...

  • Oil Firm Deepens Healthcare In Edo, Delta Communities

    Seplat Energy Plc, operators of the Nigerian Petroleum Development Company (NPDC)/SEPLAT joint venture has kicked off the ninth edition of its annual Eye Can See Corporate Social Responsibility (CSR) programme with a major activation at the Oba of Benin’s palace. The programme witnessed a large turnout of people from within ...

  • CBN Plans International Financial Centre

    The Central Bank of Nigeria (CBN) has said it would soon establish the Nigerian International Financial Centre (NIFC) to serve as a gateway for capital and investments for Nigeria. The centre will be driven by technology and payment system infrastructure. CBN Governor Godwin Emefiele disclosed this at the ongoing 14th ...