Business

President Muhammadu Buhari has arrived in Lagos State, Nigeria’s economic hub, to attend the final leg of the All Progressives Congress presidential campaign rally. The Leonardo AW139 helicopter conveying Buhari from the Murtala Muhammed International Airport touched down at the National Stadium at 2:35 pm, after which he was conveyed …

he people of Africa and the Caribbean are poised to make the global capitalist economy, which was built on the sweat and blood of African slaves, work for them, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said. Addressing leaders of Caribbean nations during the 44th Meeting of the …

The United Nations has called for the urgent need for a significant increase in finance for sustainable development. The UN Secretary-General, António Guterres, in a statement on Monday, said the move was due to the failure of the global financial system to effectively cushion the impacts of current global crises …

Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of the amount of new naira notes distributed to commercial banks across the country. He also demanded that the CBN should provide the list of customers who have withdrawn more than …

Stock investors lost N281bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation depreciated by 0.96 per cent and 0.95 per cent to close the week at 53,804.46 and N29.310 trillion respectively. Also, all other indices finished …

The Lagos Chamber of Commerce and Industry has warned that the sustained rise in the general price level in recent times has caused some weakening in purchasing power. The chamber, in a statement signed by its Director-General, Chinyere Almona, said the rising inflation had worsened the plight of Nigerians, particularly …

The Nigerian Export Promotion Council (NEPC) in collaboration with the Small and Medium Enterprises Development Agency (SMEDAN) is leading 40 exhibitors to the Gambia International Trade Fair in Turntable Brusubi, Banjul. The Executive Director/CEO of NEPC, Dr. Ezra Yakusak who disclosed this yesterday said that Nigeria’s participation at the Fair …

A total of 360 members of staff of the Police Service Commission (PSC) have been scheduled for deployment across the country to monitor police conducts during the presidential election. The workers will make up the National, Zonal and State Coordinators for the exercise,” a statement by the PSC’s stated. “The …

The Federal Government through the Nigerian Investment Promotion Commission is seeking the support of the Diplomatic Community to galvanize the much-needed investment inflows into the Nigerian economy. In a bid to achieve this, the NIPC management team led by the Executive Secretary, Saratu Umar, hosted an interactive Business Dinner with …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, Abuja over alleged racketeering of the new Naira notes. This latest arrest followed the continued onslaught by the Commission on some elements who have taken advantage of the scarcity of …