Oluwasina Phillip In a bid to boost economic cooperation, a Nigeria-Morocco business council has been established by entrepreneurs from Nigeria and their Moroccan counterparts. The Chairman of the Nigerian delegation, Yusuf Abubakar, said the agreement, which was signed and adopted by both sides, was expected to explore and break new …

Ebuka Daniel The Federal Government has urged states to domesticate the National Chart of Account to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability Programme. It said the SFTAS was for results of 2020 annual performance assessment and COVID-19 related disbursement-linked indicators due in 2021. It …

Ololade Omosan-Agie The Nigeria Export Processing Zones Authority in a bid to establish Medical Special Economic Zones across the six geo-political zones of the country, has urged the Federal Executive Council to adopt the concept as a national project. Prof. Adesoji Adesugba, the Managing Director of NEPZA made the remark …

Babajide Iletogun The World Bank has said Nigeria’s exit from recession in the fourth quarter of last year was faster than it expected. Nigeria slipped into recession in the second quarter of 2020 amid the economic fallout of the COVID-19 pandemic but emerged from it in the fourth quarter. The …

Ebuka Daniel The National Council of the Nigerian Stock Exchange has approved the appointments of Chief Executive Officers to head its non-operating holding company and operating subsidiaries. The NSE said this in a statement, adding that under the demutualisation plan, a new non-operating holding company, the Nigerian Exchange Group had …

Oluwasina Phillip The AfCFTA Secretariat and the UN Development Programme have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis. The move would also serve as a driver of sustainable development particularly for women and youths in Africa. The agreement was …

Ebuka Daniel The Federal Government has urged Nigerians to ensure improved quality of local produce to meet the demands of the international market, as well as address repatriation of exported goods. It said Nigerians would benefit more from the African Continental Free Trade Agreement if the quality of produce meet …

The media in several countries have been awash in recent years with feature articles, opinions and so-called scientific information on the impact of the consumption of sugar on human health. Some even go as far as to label it “poison” or “toxin”. These have led to debates, discussions, claims and …

Shortly after Dr Latif Busari was appointed as the Executive Secretary of the Nigeria Sugar Development Council, the Federal Executive Council at its 37th meeting held on September 19, 2012 approved the implementation of the Nigeria Sugar Masterplan. The plan contains fiscal and investment specific incentives designed to stimulate and …

Oluwasina Phillip International trade is set to grow a bit faster this year than previously predicted, the World Trade Organization has said. The volume of global trade contracted by 5.3 per cent in 2020, less than expected as the pandemic hit. According to WTO Managing Director, Dr. Ngozi Okonjo-Iweala, trade …