As a country, Nigeria has experienced a consistent cycle of political office holders. Every four years, new leaders are elected to different political offices at various levels of government. It is also common knowledge that as soon as these office ...
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Feed SubscriptionAfrican Space Economy: ACCI, NASRDA, Ors Co-Hosts Conference In October
Abuja Chamber of Commerce and Industry (ACCI), National Space Research and Development Agency (NASRDA) and MEDIAVIVA Consultancy Limited have concluded plans to co-host the 1st African Space Economy Conference, 2023. The President of ACCI, Dr Abubarka Al-Mujtaba, while signing the ...
Read More »FG Disburses Over N45bn To Lift More Nigerians Out Of Poverty
Federal government has announced the disbursement of N45.3 billion to the 36 states of the federation and the Federal Capital Territory under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme. NG-CARES was launched on 20th January 2022. Minister ...
Read More »9mobile Invests N70bn On Network Modernisation
The chief executive officer of 9mobile, Juergen Peschel, said, 9mobile is on the path of resurgence following the enormous investments of over 70 billion into its network operations and a strong commitment by the board and management to aggressively reclaim ...
Read More »Union Bank’s Profit Before Tax Hits N30.2bn In 2022
Union Bank of Nigeria (UBN) Plc, has declared a growth of 47 per cent translating to N30.2 billion in its pre-tax profit for the year ended December 31, 2022. The bank’s audited results released on the Nigerian Exchange Limited showed ...
Read More »Equities Market Extends Gains, Up N18bn
The Nigerian equities market yesterday continued its resurgence as the market ended N18 billion stronger due to gains in Stanbic IBTC Holdings Plc and 24 others. Precisely, the All-Share Index inched higher by 39.49 absolute points, representing an increase of ...
Read More »ExxonMobil Declares Force Majeure On Crude Oil Lifting In Nigeria
American oil major, ExxonMobil has declared force majeure on oil lifting from several ports in Nigeria. This follows reported industrial action by the company’s in-house workers union, the company said, in a statement yesterday. LEADERSHIP reports that this will lead to ...
Read More »Involve MfBs In Policy Formulation, Implementation, NAMB Urges CBN
The National Association of Microfinance Banks (NAMB) has renewed its call on the Central Bank of Nigeria (CBN) to always Involve MfBs in the formulation and implementation of key policies. The association also urged the apex bank to involve microfinance ...
Read More »World Bank: Engage Reappraisal Engagement Amidst Slow Economic Growth – Group
Some financial experts have advised the Federal Government to reappraise engagement with the World Bank Group in the interest of economic growth. The experts spoke to the News Agency of Nigeria (NAN) against the backdrop of the ongoing Spring Meeting ...
Read More »Why New Naira Notes Are Scarce – CBN Sources
…Consumers, businesses groan over elusive notes •Advocate calls for higher value banknotes There seems to be no end in sight to the scarcity of the redesigned naira notes as officials of the Central Bank of Nigeria (CBN) blame the general ...
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