Temitayo Okereji The Nigerian Export Promotion Council, has empowered 3,610 women on export of non-oil commodities. The Executive Director/CEO of NEPC, Dr. Ezra Yakusak made this known in Abuja during a one day Symposium and Exhibition organized by the Council to mark this year’s International Women’s Day. The event has …
Read More »
Temitayo Okereji The Central Bank of Nigeria (CBN) says it remains committed to its developmental mandate of stimulating access to finance for the real sector. It disclosed that total repayments as of the end of February 2023 under the Anchor Borrowers’ Programme (ABP) stood at N0.503 trillion, representing 52.39 per …
Read More »
Temitayo Okereji The new World Bank President can take a cue from the development oriented and impactful initiatives of the President of the African Development Bank (AfDB), Dr. Akinwumi.A.Adesina, the CEO of Development Reimagined, an independent African-led international development consultancy based in Beijing, Hannah Ryder, has said. In a document …
Read More »
The Federal Operations Unit Zone B of the Nigeria Customs Service has disclosed that it recorded 130 seizures worth N305m between January to February 2023. A statement by the Public Relations Officer of the Zone, Suleiman Isah, said nine units of used vehicles, two units of means of conveyance, 724 …
Read More »
President Muhammadu Buhari has written to the Senate to confirm Anthony Ojukwu, for re-appointment as the Executive Secretary of the National Human Rights Commission. According to the letter read at the plenary by the Senate President, Ahmad Lawan, on Tuesday, the re-appointment is for five years and would be Ojuku’s …
Read More »
The Nigerian Economic Group Summit says Nigeria’s weak manufacturing is a major factor fuelling shortage of foreign exchange The NESG Senior Economist, Dr Wilson Erumebor, disclosed this in a recent paper published by Foresights Africa. The report, titled, “Nigeria in 2023: Bridging the productivity gap and building economic resilience’’, stated …
Read More »
The adoption of mobile technology continues to grow in Nigeria with the total number of mobile subscriptions hitting 225.88 million in January 2023. This is 3.66 million more mobile subscriptions than the 222.23 million subscriptions that were recorded in December 2022. It also continues the sustained growth the mobile technology …
Read More »
The first day of trading in the week closed positively for investors on the Nigerian stock exchange as they gained N207bn on Monday. The All Share Index grew by 0.69 per cent to reach 55,328.42 on Monday from 54, 949.21 recorded at the end of the trading last Friday. The …
Read More »
The available energy in Nigeria, Cameroon, Egypt, and other African countries, is expensive, inefficient, polluting and unreliable, the latest February 2023 report of the International Gas Union, in partnership with Hawilti Limited, has stated. It also pointed out that Nigeria and other nations on the continent were energy-poor despite the …
Read More »
The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, on Wednesday, raised the alarm over alleged plans by politicians to buy votes in kind and cash ahead of Saturday’s general elections. He made the claim during an interview on Channels Television’s election programme, The 2023 Verdict. The EFCC …
Read More »
The Commerce Africa African Reneissance