The Managing Director/CEO OGFZA, Sen. Tijjani Yahaya Kaura, MFR; delivering a statement today 6th September 2023 on the sideline of G20 Summit in New Delhi, India. Sen.Tijjani Yahaya Kaura is part of Nigerian delegation to G20 Summit in New Delhi,India. It will be recalled that since his assumption of office …
Read More »$30bn economy: UK, World Bank, Afreximbank, AFDB, others back Enugu
•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 …
Read More »Ease of Doing Business, Collaboration and Constant Performance Assessment will Underpin Economic Reforms-President Tinubu assures NESG
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 …
Read More »Okonjo-Iweala: Countries face higher inflation risk if open trade is neglected
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 …
Read More »Fuel Subsidy Removal:Federal government saves ₦1.83 trillion in two months
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 …
Read More »Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
•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 …
Read More »Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
•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 …
Read More »Air Peace’s $14m stranded in CBN, 15 planes grounded abroad — Onyema
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 …
Read More »Nigeria’s Global Investment Outlook will be rebranded-Dr Uzoka-Anite pledges
The new Minister of Federal Ministry of Industry Trade and Investment, Dr. Doris Uzoka-Anite has taken over the mantle of leadership in the Ministry with a pledge to rebrand the country’s global investment outlook and strengthen its process in line with global best practices. The Minister made this known in …
Read More »WEMA, Mastercard plan SME training for 10,000 women
WEMA Bank says it will empower 10,000 young women by offering them support and training across a wide range of businesses and vocations The move, it noted, would be in collaboration with the Entrepreneurial Development Centre of Pan-Atlantic University and Mastercard. During a press briefing in Lagos, the Executive Director …
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