Google, a global technology company, has appointed a Nigerian-born Alex Okosi as its African region’s Managing Director. Meir Brand, Vice President of EMEA Emerging Markets at Google, disclosed this recently. Until his new appointment, Okosi was the Managing Director for YouTube in EMEA Emerging Markets. Okosi will be responsible for …
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•As Mbah holds investment roundtable The Enugu State Government at the weekend took a bold step towards the actualisation of a $30 billion economy in the next four to eight years, as the state successfully hosted an inaugural Enugu State Investment and Economic Growth Stakeholders Roundtable. This was even as …
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President Bola Tinubu has reaffirmed his support for a robust public-private sector partnership to grow the economy, saying that his administration’s sustained, bold and coordinated reforms are anchored on a “strong adherence to accountability and transparency.”Speaking at an audience on Thursday in Abuja with members of the Board and Management …
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Ngozi Okonjo-Iweala , director-general of the World Trade Organization (WTO), says turning away from open trade will lead to greater price volatility, inflationary pressures and weaker growth prospects. She spoke at the recent Jackson Hole Economic Policy Symposium hosted by the Federal Reserve Bank of Kansas City, United States. Okonjo-Iweala …
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The Federal Government of Nigeria has reported savings of N1.83 trillion in less than three months it cut of petrol subsidy payments. This substantial windfall has been amassed from the revenue accumulated in June and July, as confirmed by a source within the Federation Account Allocation Committee (FAAC).“The amount was …
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•Sanwo-Olu says state committed to being Nigeria’s preferred investment destination •Mbah woos investors with pledge to grant C of O within 72hrs, de-risked investment environment Lagos State Governor, Mr. Babajide Sanwo-Olu and his Enugu State counterpart, Dr. Peter Mbah, yesterday jostled for Nigerian and international investors, wooing them to their …
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•Sanwo-Olu says state committed to being Nigeria’s preferred investment destination •Mbah woos investors with pledge to grant C of O within 72hrs, de-risked investment environment Lagos State Governor, Mr. Babajide Sanwo-Olu and his Enugu State counterpart, Dr. Peter Mbah, yesterday jostled for Nigerian and international investors, wooing them to their …
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Allen Onyema, the chairman of Air Peace has disclosed that in 2022, Air Peace spent ₦78 billion naira on maintenance and these funds went to foreign countries. He also disclosed that the airline has about $14 million stranded with the Central Bank Nigeria and about 15 aircraft stranded abroad. Onyema …
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The International Monetary Fund, IMF, has hinted that the lead world economic powers are leading in aggregate global fossil fuel subsidy. It also stated that globally, total fossil fuel subsidies amounted to $7 trillion in 2022, equivalent to nearly 7.1 percent of global Gross Domestic Product, GDP.The Fund in its …
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Alphabet’s Google has been hit with a lawsuit in U.S. federal court seeking information about its multibillion-dollar deal with the National Football League to exclusively hold the broadcast rights for the “Sunday Ticket” package of televised professional games. Lawyers representing classes of residential and commercial business subscribers of Sunday Ticket filed the lawsuit on Monday …
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