• Nigeria To Increase Shares In Afrexim Bank

    The Minister of Finance, Mrs Zainab Ahmed said, that yesterday, Nigeria was discussing the possibility of increasing its shareholding with Afrexim Bank. Ahmed made this known in a statement signed by the special adviser on media and communications, Paul Ella Abechi. According to the statement, the minister disclosed this during ...

  • FG Seeks Increase Of Nigeria’s AFREXIM Bank Shares

    The Minister of Finance, Mrs Zainab Ahmed has said Nigeria is discussing the possibility of increasing its shareholding with AFREXIM Bank. Mrs Ahmed made this known in a statement signed by the special adviser on media and communications, Paul Ella Abechi. The statement, which quoted the minister during a meeting ...

  • LADOL MD Supports IMO On Decarbonisation At Sea

    The Managing Director of Lagos Deep Offshore Logistic (LADOL) Base, Dr. Amy Jadesimi has reiterated her support to the International Maritime Organization (IMO) vision to phase out Green House Gas (GHG) emissions as soon as possible. The United Nations target to reduce per Gross Domestic Product (GDP), emission from 0.873kg carbon ...

  • Nigeria Beats South Africa, Others As 2018 Best Economy In Africa

    Forbes Africa, a major global research firm, has rated Nigeria as the 2018 best economy in Africa, beating South Africa, Egypt and others. According to Forbes, Nigeria came top with $172 billion, which was followed by South Africa with $166.735 billion. Also on the list was Egypt as third with ...

  • Transcorp Hilton Wins Big In Greece, SA

    Transcorp Hilton Abuja has emerged winner of World Travel Awards as well as the as the winner of the award for Seven Stars Business Hotel-Africa and Best Luxury Hotel at the Gala Ceremony of the 2018 Seven Stars Luxury Hospitality and Lifestyle Awards The 5-star hotel was announced the winner ...

  • Stunted Growth In Nigeria, South Africa Affecting African Economy – IMF

    The International Monetary Fund (IMF) has said African economies combined growth rate is held down by the continent’s three largest economies: Nigeria, South Africa and Angola, which IMF said are not performing up to their potentials. The Fund also said the aggregate – over 3 per cent, close to 4 ...

  • Experts Seek Technology Advancement For Sustainable Economic Growth

    Financial stakeholders yesterday called for technology advancement in ensuring a sustainable economic growth in the country. They made this call at the fourth edition of the Nigerian Stock Exchange (NSE) – Bloomberg CEO Roundtable held in Lagos They noted that the event themed: “Reshaping the Nigerian Economy for Sustainable Growth: ...

  • Empresários querem adiar aplicação de multa na tabela do frete mínimo

    A aplicação de multas pela Agência Nacional de Transportes Terrestres (ANTT) por descumprimento na tabela de frete mínimo foi criticada hoje (9) por representantes do setor empresarial. Em audiência pública para tratar do tema, os representantes pediram o adiamento na aplicação da regra. Em setembro, a ANTT informou que estudava aplicar ...

  • How NIRSAL Is Complementing CBN’s Leadership On Anchor Borrowers Programme

    The synergy between the Central Bank of Nigeria (CBN) and the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) in the operation of the Anchor Borrowers Programme (ABP) is delivering good results as a vital component of the Buhari administration’s efforts to rebuild the national economy. The institutional ...

  • Poor Growth In Nigeria, South Africa Affecting African Economy – IMF

    …raises concerns of financial crisis The International Monetary Fund (IMF) has said African economies combined growth rate is held down by the continent’s three largest economies: Nigeria, South Africa and Angola, which IMF said are not performing up to their potentials. The Fund also said the aggregate – over 3 ...

  • Total To Boost Capacity Of Local Enterprises With N12m

    LEADERSHIP Total Nigeria has set aside N12 million to boost capacity of local entrepreneurs who would emerge from its 2018-2019 ‘Startupper’ project. The first edition of the initiative unveiled in 2015 and held across 34 African countries targeted young entrepreneurs with innovative ideas across all business sectors as a way to ...

  • Confiança das micro e pequenas empresas fica em 51 pontos em setembro

    O índice de confiança dos micro e pequenos empresários ficou em 51,0 pontos em setembro ante os 51,1 pontos registrados em agosto, o que mostra que a proximidade com as eleições não alterou a visão dos empresários. Segundo a Confederação Nacional de Dirigentes Lojistas (CNDL) e pelo Serviço de Proteção ao ...

  • NDLEA Nabs 103 Suspected Drug Traffickers

    LEADERSHIP The Edo Command of the National Drug Law Enforcement Agency says it has arrested 103 suspects for trafficking illicit drugs. Mr Peter Ogar, Head of Operations and Intelligence in the command, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Benin on Monday. Ogar said ...

  • Hacienda bloquea proyectos en carreteras por más de 6.300 millones

    El Ministerio de Fomento ha chocado con Hacienda y con la Abogacía del Estado para poder sacar adelante distintos programas de carreteras que totalizan más de 6.300 millones de euros. Detrás de estas discrepancias están la nueva Ley de Contratos del Sector Público y la Ley de Desindexación de la ...

  • 2019: Atiku Seeks Support To Solve Nigeria’s Problems

    LEADERSHIP Former Vice President Atiku Abubakar has accepted his nomination as presidential candidate of the Peoples Democratic Party (PDP) and told party member that it was time to find solutions to challenges facing the nation. The 72-year-old Fulani-born business tycoon and politician, said PDP had been able to articulate the problems ...

  • Indian-West Africa Conclave Commences Tomorrow

    LEADERSHIP The India-West Africa Regional Conclave is to Commence in Abuja, Monday. The Conclave is an annual business meeting between Confederation of Indian Industry (CII) in conjunction with Government of India. Addressing a press conference  in Abuja, the Indian High Commissioner to Nigeria, RN Reddy revealed that more than 200 participants  ...

  • Spraying, Hawking Of Naira Notes To Attract Jail Term – CBN

    LEADERSHIP Nigerians who sell new naira notes or spray cash at parties will now be tried at mobile courts and sent to six months jail as the Central Bank of Nigeria (CBN) mulls increasing the number of items on the not eligible for foreign exchange. Rising from the Bankers Committee meeting ...

  • Trade Fair: Glo Excites Attendees With Telecoms Solutions

    LEADERSHIP Visitors at the Globacom stand at the on-going 13th Abuja International Trade Fair have been enjoying innovative telecoms solutions as the company continues showcasing its unique products and services especially “SME Flexi”, specially made for stakeholders in the Small, Medium and Micro Enterprises. Hundreds of visitors to the Globacom stand ...

  • Trade Fair: Dangote Group Urges Customers To Patronise Blocmaster

    LEADERSHIP The Dangote Group yesterday urges customers to patronize its new product, Blocmaster Cement, recently launched in Kano which the company said has the capacity to tackle building collapse in the country. Builders and other stakeholders told LEADERSHIP that BlocMaster Cement is extra strong and the best for block molding in ...

  • SEC Sensitises Abuja Residents On Investment, Financial Inclusion

    LEADERSHIP The Securities and Exchange Commission (SEC) has challenged residents of the Federal Capital Territory (FCT), Abuja to make investment of funds in government approved securities one of their key business decisions. The Commission urged the residents to put their monies in equities like bonds and other securities where their interest ...

  • Lack Of Corporate Governance Responsible For Failure Of Nigerian Airlines – Experts

    LEADERSHIP Stakeholders in the nation’s aviation sector have attributed the inability of most Nigerian airlines to stay in business for a very long period of time to lack of corporate governance. Speaking on the topic: “The Importance of Corporate Governance”, director-general/CEO, Institute of Directors Nigeria, Victor Banjo identified a link between ...