• FG Suspends Ongoing Insurance Industry Recapitalisation Exercise

    BY ZAKA KHALIQ, Lagos   For the second time in three years, the federal government, through the National Insurance Commission(NAICOM) has suspended the insurance industry recapitalisation exercise, following court order mandating the regulatory body to do so, LEADERSHIP learnt.   Some aggrieved insurance stakeholders had earlier filed suits mandating the ...

  • Juros futuros fecham em queda, em sessão de baixa liquidez

    Ao término da sessão regular na B3, às 16h, o DI para janeiro de 2022 anotou taxa de 2,850%, ante 2,880% no ajuste anterior, e o DI para janeiro de 2023 foi a 4,175%, de 4,230% antes As taxas futuras de juros fecharam em queda nesta quarta-feira ...

  • Abiodun Signs 2021 Appropriation Bill Of N338.6 Billion Into Law

    BY FEMI OYEWESO, Abeokuta Ogun State Governor, Prince Dapo Abiodun on Wednesday, assented to the state’s year 2021 Appropriation Bill of N338. 6billon. The Bill tagged: “Budget of Recovery and Sustainability”, comprises recurrent expenditure of N162 billion (48 per cent of the total budget) and a capital expenditure of N177 ...

  • Delta 2023: Gbagi Receives Royal Blessings From Pere Of Gbaramatu Kingdom

    By Orjime Moses, Abuja History was made today as Olorogun Gbagi, a business Mogul, criminologist, politician, a bridge-builder arrived Oporoza, the home town of Ijaw WarLord, (GOC) Government Oweizide Ekpemupolo a.k.a. Tompolo, to pay a Christmas visit to his Royal Majesty Oboro Gbaraun 11. Gbagi who also made his intentions ...

  • Only Agriculture Can Restore Nigerian Economy – PMB

    President Muhammadu Buhari yesterday said only agriculture can restore Nigeria’s economy, noting that his administration will keep an eye on food inflation next year. Speaking at the fifth regular meeting of the Presidential Economic Advisory Council held virtually at the presidential villa, the president ordered the Central Bank of Nigeria ...

  • Kogi Commissioner Rewards Brilliant Students

    BY HENRY TYOHEMBA, Abuja  Kogi State Commissioner for Information and Communications, Hon Kingsley Femi Fanwo has given cash rewards to the best students who participated at the TISU/FANWO BRAIN CHALLENGE in Takete Ide Amuro. The annual Competition featured students from various higher institutions of learning across the country. Questions were ...

  • Health Minister, PharmAccess, HFN Deliberate On COVID Vaccination

    The federal ministry of health and the Healthcare Federation of Nigeria (HFN) have seek modalities and the role of public, private partnership in Covid-19 vaccination in Nigeria. This was part of the discussion during a webinar themed “Status of Covid-19 Vaccines in Nigeria: Available options and opportunities for public private ...

  • Fintrak Software Wins Company Of The Year Award

    By Nkechi Isaac, Abuja FinTrak Software, a global Financial Technology (FinTech) organization based in Lagos, providing innovative technology and business solutions to financial institutions and enterprises across continents was recently recognized as The Fintech Company of The Year 2020 at the Nigerian Business Leadership Awards (NBLA). The event which held ...

  • COVID-19: NIPC Forecasts 50% Decline In Nigeria’s FDI Inflows In 2021

    By Kingsley Alu The Nigeria Investment Promotion Commission (NIPC) has forecasts that for the year 2020/2021, a 40-50 per cent decline in Foreign Direct Investments (FDI)  was expected , the lowest level in almost 20 years. This is also as the Commission disclosed that its Single Window Investors’ Portal (SWIP) ...

  • Access Bank Named Nigeria’s Safest Bank In 2020

    BY OLUSHOLA BELLO  | Global Finance has named Access Bank the ‘Safest Bank’ in Nigeria for the year 2020, following its continued efforts towards the protection of customer funds and data. Global Finance’s annual rankings of the World’s Safest Banks has been the recognised and trusted standard of financial counterparty ...

  • Nigeria: Pass PIB to Attract Investment, Others - Stakeholders

    [Vanguard] As legislators continue deliberations on the much-delayed Petroleum Industry Bill, PIB, stakeholders have urged the National Assembly to pass it in a form that would attract maximum investment into Nigeria's oil and gas industry.

  • GDP: IMF Ranks Nigeria 1st In Africa, 26th In The World

    Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings of countries. Using countries’ GDPs, IMF ranked Nigeria among the first 26 countries in the world in the same position with an average $442,976 million. Countries are sorted by nominal ...

  • CBN Moves To Regulate Non-interest Securities

    BY MARK ITSIBOR | The Central Bank of Nigeria (CBN) has moved to regulate the operation of investments in Islamic non-interest securities, with the introduction of protection charges on Non-Interest asset backed securities in the country. The expectation is that the measure will help to guarantee confidence in the non-interest ...

  • FG, Innoson Partner On NASENI’s Auto Research Results, Prototypes

    President Muhammadu Buhari is not leaving any stone unturned in the renewed efforts to tackle youths’ unemployment and general improvement of the economy through conversion of all research results and innovation’s technology outputs on the shelves of research institutes to job creation opportunities. In this direction, the Innoson Vehicle Manufacturing ...

  • Recapitalisation: Court Stops NAICOM From Enforcing Deadline

    By KUNLE OLASANMI  | A Federal High Court, sitting in the Lagos Division, has temporarily stopped the National Insurance Commission (NAICOM) from taking any further steps in effecting its deadline date for insurance and reinsurance companies to recapitalise their financial base. Justice C. J. Aneke of the court made the ...

  • Kakaki Nupe/Chairman, LEADERSHIP Group, Sam Nda-Isaiah, Laid To Rest After Days Of Stirring Tributes From…

    By our Correspondents  | The remains of the founder/chairman of the LEADERSHIP Group, publishers of LEADERSHIP, NATIONAL ECONOMY and the first Hausa Daily in Nigeria – LEADERSHIP Ayau – late Sam Nda-Isaiah were yesterday interred in Abuja after days of stirring tributes from prominent Nigerians across the country. Eminent Nigerians, ...

  • Conquer Fear To Succeed In Business, Bridget Adeyemi Urges Nigerian Youths 

    By Anthony Ada Abraham, Aspiring entrepreneurs who are serious about having a successful business life must be determined to overcome fear and must not be afraid to start small. This nugget of advice was handed down by Bridget Adeyemi, director of Lagos’ high-flier real estate marketing firm, Lekkiajahikoyi Property Investment ...

  • Nigeria’s port crisis: the $4,000 charge to carry goods across Lagos

    Congestion, bribery and storage costs add to problems for importers in Africa’s largest economy

  • Doria enfrentará em 2021 CPIs que o PSDB manobrou para barrar em 2019

    PT propõe quatro CPIs, uma delas sobre a estatal Dersa e outra a de benefícios fiscais que o governo concedeu na última década O governo de João Doria (PSDB) passará por uma prova de fogo na Assembleia Legislativa de São Paulo em 2021, ano em que está prevista a instalação ...

  • Bagudu Lauds WACOT Rice for Supporting Govt Food Security Drive

    By Jonathan Nda-Isaiah, Kebbi State Governor, Senator Abubakar Atiku Bagudu has commended WACOT Rice Limited, a subsidiary of TGI Group, for its relentless efforts in boosting the drive towards food security in Nigeria. The governor said this on the heels a $10.5 million (about N4.99 billion) co-investment partnership which WACOT ...

  • Drug Production: 100% Pharmaceutical Raw Materials Imported – Experts

    Nigeria imports 100 per cent of its pharmaceutical products, official records of operators in the health industry have indicated. LEADERSHIP Sunday gathered however that the recent intervention of the Central Bank of Nigeria (CBN) in the medical sector has significant potential impact on the Nigerian economy, with many operators in ...