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A key South Korean financial regulator has made a pitch for the South Korean economy on a visit to Hong Kong, his office

Japheth Omojuwa Nigeria is a tough place to start a business, and even a much tougher place to run one. When you check the World Bank’s annual Ease of Doing Business Report, you’d actually see that doing business in Nigeria that was a tough ordeal has only got tougher over ...

Leke Baiyewu, Abuja President Muhammadu Buhari has written to the Senate, seeking the confirmation of his reappointment of Mr. Aghatise Erediauwa as Executive Director of the Nigerian Deposit Insurance Corporation. The letter, dated January 17, 2017, was read to the lawmakers by the Deputy President of the Senate, Sen. Ike ...

Africa’s richest man Aliko Dangote, in partnership with China’s heavy duty truck group, Sinotruck, is to roll out first assembled-in-Nigeria trucks next week, the Dangote group said on Wednesday. The Executive Director of Dangote Group, Edwin Devakumar, said in Lagos that the $100m plant would assemble cars soon. He said, ...

The Central Bank of Nigeria started auctioning $250m to 3147 registered Bureau De Change nationwide on Wednesday. The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, on Wednesday said the sale of the foreign currency to BDCs would impact positively on the naira exchange rate as the ...

The United Labour Congress says it will collaborate with the Nigeria Labour Congress and Trade Union Congress to ensure that workers’ rights and privileges were given due attention. The ULC is a former faction of the NLC, led by Joe Ajaero. The faction decided to legitimise its existence by adopting ...

Maureen Ihua-Maduenyi The Nigeria Automotive Manufacturers Association has expressed support for the Federal Government’s ban on importation of vehicles through the land borders. The association said the importation of vehicles through the country’s land borders constituted a major revenue leakage to the government with import duties payable going to the ...

The Commissioner of Police in Sokoto State, Mr. Mohammed Abdulkadir, has confirmed the abduction of the Director of Finance, Isa local government area and three others in the state. Abdulkadir told the News Agency of Nigeria (NAN) in Sokoto on Wednesday that the victims were kidnapped by some unknown gunmen ...

Lagos State Governor, Mr. Akinwunmi Ambode yesterday charged Nigeria youths to take advantage of opportunities available in many other sectors of the nation’s economy not currently utilised, saying the era of waiting for white collar jobs are over in the country. Ambode, who spoke at Lagos House in Ikeja when ...

Vice President Yemi Osinbajo, SAN, is leading Nigeria’s delegation to this year’s World Economic Forum holding this week in Davos, Switzerland. According to a statement by his spokesman, Laolu Akande, the Nigerian delegation includes ministers and special advisers like the minister of Industry, Trade and Investment, Dr. Okey Enelamah, minister ...