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The Maritime Anti-Corruption of Network (MACN) has recommended the model of  collective action that has been yielding results in the maritime sector to be replicated in other sectors of the Nigerian economy. This is coming after the recent release by Transparency International (TI) the Corruption Perception Index (CPI) report for ...

The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend the planned implementation of an electronic invoicing (e-invoicing) for all import and export operations. The  House also urged  the CBN to give 90 days timeline for subsequent new fiscal/monetary policy implementation to allow for adjustment to ...

WACOT Rice Nigeria Limited, a subsidiary of Tropical General Investments (TGI) Group, has disclosed that the ongoing expansion of its 120,000-ton rice mill in Argungu, Kebbi State, would be completed in the next 15 months. Chairman of WACOT Rice, Alhaji Farouk Gumel, disclosed this during a visit to update the ...

Shelter Afrique, a pan-African housing development finance institution, says it will be issuing a N250 billion bond aimed at supporting large-scale, affordable housing schemes in Nigeria, Africa’s largest economy. Andrew Chimphondah, the institution’s GMD/CEO, who said this when he was host at the Channels TV, disclosed that the institution would ...

Statista 2021 report revealed that revenue in the footwear segment in Nigeria is projected to reach $454 million in 2022, adding that this revenue is expected to show an annual growth rate (CAGR 2022-2025) of 3.00 per cent, resulting in a projected market volume of $496 million by 2025. Hence, ...

Despite all calls and warnings, the consent of the Turkish Cypriot authorities was not sought once again, contrary to the United Nations rules and principles, while the U.N. Security Council extended the mandate of the U.N. Peacekeeping Force in the Island of Cyprus (UNFICYP) for six months with its resolution ...

The Azerbaijani state oil company, SOCAR, has agreed to import additional amounts of natural gas to Turkey amid a cut in the flow from Iran, a senior official of the company has said.

Money managers are looking at indicators such as sales data, household loans, bond sales and equity placements for a more detailed picture of developers’ funding ...

While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a "strong rebound" is expected in the ...

Business leaders have expressed increasing frustration with travel rules, warning of the damage to Hong Kong’s status as an international financial hub.