• Experts Identify Free Zones As Key Route For Economic Recovery

    By Kelvin Alohan, As policymakers and investors explore all options available to revive the post-COVID-19 economy, a group of experts recommend an increased focus on the industrialisation and vibrant trade flows found in Nigeria’s free trade zones. Senior government officials and business leaders, speaking at an event organised by Alaro ...

  • JUST IN: FG Licenses 5 News Insurance, Reinsurance Firms 

    BY ZAKA KHALIQ, Lagos The federal government, through the National Insurance Commission (NAICOM), has licensed four insurance companies and one reinsurance company, taking the number of insurance and reinsurance companies in the country to 63. The operational licenses were issued to the concerned underwriters by NAICOM at its headquarter in ...

  • Govt Has Business In Running Football, Dare Insists

    By Salifu Usman, Abuja The minister of Youth and Sports Development, Sunday Dare, has insisted that Nigeria’s government, through the Ministry of Youth and Sports Development, has a say in the running of football in the country and how the national teams are being managed. Dare, who stated this while fielding ...

  • Ipea prevê menor crescimento do agronegócio em 2021

     O agronegócio deve crescer 1,5% em 2020 e 1,2% no ano que vem. A projeção é do Instituto de Pesquisa Econômica Aplicada (Ipea), que reviu para baixo suas previsões. Na análise anterior, feita no mês passado, o instituto estimou crescimento de 1,9% e 2% para este ano e para 2021, ...

  • Intenção de consumo das famílias registra 3ª alta seguida, aponta CNC

    Indicador registrou no penúltimo mês de 2020 o maior patamar desde maio, mas teve o pior desempenho para um mês de novembro desde o início da série histórica, traz pesquisa O indicador Intenção de Consumo das Famílias (ICF), da Confederação Nacional do Comércio de Bens, Serviços e ...

  • Intenção de Consumo das Famílias cresce pela terceira vez consecutiva

    A Intenção de Consumo das Famílias (ICF), medida pela Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC), cresceu 0,8% em novembro e alcançou 69,8 pontos – o maior patamar desde maio de 2020. Foi o terceiro aumento seguido do índice, após os efeitos negativos da crise provocada pela ...

  • Industrialisation: Textile Workers Seek Caution In AfCFTA Implementation 

    By Michael Oche, Abuja  The National Union of Textile Germent and Tailoring Workers of Nigeria (NUTGWN) and the former national Chairman of the All Progressives Congress (APC) Adam’s Oshiomhole have warned that Nigeria must learn from past mistakes of various trade agreements in the implementation of the Africa Continental Free Trade Area (AfCFTA). ...

  • TRIBUTE: Atiku Abubakar At 74

    By Nourah Bamalli His Excellency, Atiku Abubakar, who turns 74 years on November 25, 2020, has remained a household name in every nook and cranny of Nigeria, who is celebrated throughout the nation, both in the political arena and business circles. Atiku isone of the most scrutinized public figures in ...

  • Multimillion-dollar Scanners Rotting Away At Apapa Port

      The Nigeria Customs Service has disclosed that three multimillion dollars high calibre mobile scanning machines belonging to the Services are currently rotting away at the Apapa port. That the Smiths Hiemann 2533 HCV machines which were procured and managed by a foreign company known as Cortena have not been ...

  • Nigeria Needs Good Lawyers to Resist Tyranny, Expand Jurisprudence — CJN

    The Chief Justice of Nigeria, Justice Tanko Muhammad, has said there is a need for more cerebral legal practitioners to emerge in Nigeria in order to resist tyranny and expand what he described as frontiers of jurisprudence in the country. Justice Muhammad said with more good lawyers, the fundamental issues ...

  • Nigeria Needs Good Lawyers To Resist Tyranny, Expand Jurisprudence — CJN

    The Chief Justice of Nigeria, Justice Tanko Muhammad, has said there is a need for more cerebral legal practitioners to emerge in Nigeria in order to resist tyranny and expand what he described as frontiers of jurisprudence in the country. Justice Muhammad said with more good lawyers, the fundamental issues ...

  •   Lowering Tariff On Imported Vehicles Will Kill Nigeria’s Auto iIndustry – Innoson 

    By ANTHONY AWUNOR, Lagos  Chairman of Innoson Vehicle Manufacturing Company Limited {IVM}, Chief Innocent Chukwuma has warned that the federal government’s proposed reduction of import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill will kill the local automotive industry. Chief ...

  • Senate Summons Communication Minister Over Rising Insecurity 

    BY BODE GBADEBO, Abuja The Senate has mandated its Committees on Legislative Compliance and Communications to invite the Minister of Communications and Digital Economy, Isa Ali Pantami, on the need for the Minister to implement the resolutions of the Senate regarding security as related to the mandate of his ministry. ...

  • Sheengineer, UK Academy Trains Female Engineers

    BY ERNEST NZOR, Abuja Sheengineer, an umbrella of the Association of Professional Women Engineers of Nigeria (APWEN), in partnership with Royal Academy of Engineering, has trained female engineers in secondary school to boost participation of young girls in the engineering field across the country. Speaking during Sheengineer ‘Invent It, Build It Students workshop ...

  • Lowering Tariff On Imported Vehicles Will Kill Nigeria’s Auto Industry, Says Innoson

    BY ANTHONY AWUNOR  | Chairman of Innoson Vehicle Manufacturing Company Limited (IVM), chief Innocent Chukwuma has warned that the federal government’s proposed reduction of import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill will kill the local automotive industry. Chukwuma ...

  • Interswitch, Finastra Move To Deliver Digital Payments Across Africa

    BY CHIMA AKWAJA, Lagos  | Interswitch has entered into partnership with Finastra, one of the world’s largest fintechs, to deliver innovative, world-class technology-based solutions for digital payments, corporate banking and treasury and trade finance, to financial institutions in Africa. With this strategic partnership, Interswitch becomes Finastra’s lead technology partner in ...

  • Lagos Unveils N5bn Economic Recovery Support For MSMEs

    The Lagos State government, through the Lagos State Employment Trust Fund (LSETF), has unveiled a N5 billion ‘Lagos Economic Acceleration Programme (LSETF-LEAP)’ to help Micro, Small and Medium Enterprises (MSMEs) in Lagos recover, save and create more jobs post COVID-19. The initiative is a financial loan support that will provide ...

  • NAICOM To Sanction Underwriting Firms With Huge Unpaid Claims

    BY ZAKA KHALIQ, Lagos  | The insurance industry regulator, the National Insurance Commission (NAICOM) is set to sanction underwriting firms owing insurance clients huge unpaid claims, it was learnt. The industry is currently owing over N40 billion in unpaid claims, according to market analysts. To this end, the regulatory body ...

  • WTO DG: Coast Clears For Okonjo-Iweala As South Korea Withdraws Candidate

    The chances of Nigeria’s former finance minister, Dr Ngozi Okonjo-Iweala, to emerge as the new director-general of the World Trade Organisation is getting brighter as South Korea has decided to withdraw its candidate from the race, according to Washington Trade Daily. Yoo Myung-hee is South Korea’s trade minister and its ...

  • Nigeria: Recession - Govt Sees Islamic Finance Option to Raise Investment

    [Daily Trust] The Federal Government has said that it sees the Islamic economic option as an avenue that will encourage domestic investments and rapid economic development in the country.

  • Insight’s Founder, Biodun Shobanjo’s Biography For Launch 26 November

    By Godwin Anyebe The much-anticipated biography of Nigeria’s foremost marketing communications practitioner and Chairman of Troyka Holdings, Dr Biodun Olusina Shobanjo has been slated for public presentation in Lagos on Thursday, 26 November, 2020. The book titled, The Will To Win: The Story of Biodun Shobanjo is written by Mr ...