The Centre for the Promotion of Private Enterprise (CPPE), a leading organized private sector advocacy groups in the country, has advised the Federal Government on sundry areas requiring its intervention in order to frontally tackle the surging inflation rate in the country. The Founder/Director General of the group, Dr. Muda Yusuf, in a statement issued […]
Phillips Consulting Nigeria, one of Nigeria’s leading economic research and investment consulting firms, in its ‘Nigeria’s Aviation Industry: Customer Satisfaction Survey Report 2022’ just published, has identified airlines’ safety standards, pricing affordability and timeliness of flights as among the key criteria air travellers in the country are considering before choosing airlines for travels. In the […]
The Senate on Wednesday resolved to support the move by the Central Bank of Nigeria (CBN) to redesign high denominations of the national currency, describing the monetary policy move as desirable to the nation’s financial system. The red chamber’s decision was sequel to its resolution on a motion on the policy by the Chairman, Senate […]
UTM Offshore will tomorrow, November 16, in London sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. A news report from African Press Organisation (APO) Group on the deal indicated that having signed an agreement to co-finance […]
Airtel Africa, one of the bidders for the 3.5GHz spectrums auctioned by the Nigerian Communications Commission (NCC) in December last year, has requested for administrative assignment of one of the two remaining 3.5GHz spectrum lots to it at the reserve price of $273.6 million. The telco made the request on Tuesday during a stakeholder event […]
The Managing Director of the Nigerian Ports Authority (NPA), Muhammed Bello-Koko, has hinted of strategic efforts being made by the management of the authority to ensure smart ports in the country by 2030. The NPA boss unveiled this plan at an event in Lagos, said to achieve the target the NPA board and management would […]
In recognition of the fact that cyber risk poses a significant threat to market confidence, integrity and efficiency, the need for a robust strategy for mitigating such risks has been emphasised. Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda who said this during the Central Securities Clearing System Cyber Securities conference recently, stated […]
A seasoned banker, Mr. Pascal Dozie, has said that achieving the broad policy objectives of Federal Government’s ongoing economic reforms requires appropriate regulatory regime for enterprises to thrive. Dozie made this remark in a paper titled ‘The Nigeria we Need’ at the ongoing 2022 National Economic Summit organised by the National Economic Summit Group (NESG) […]
The National Bureau of Statistics (NBS) on Tuesday reported that Nigeria’s Consumer Price Index (CPI) which measures the rate of change in prices of goods and services, also known as inflation, surged to 21.09% year-on-year in October, up from 20.77 percent recorded in the previous month. The Bureau, in its ‘Consumer Price Index (CPI) Report […]
President Muhammadu Buhari has said that the task ahead in building a prosperous Nigeria requires partnership, innovative thinking, and most importantly, disciplined implementation of development policies by governments and the organized private sector. Represented by the Vice President, Prof. Yemi Osinbajo, during the opening session of the ongoing National Economic Summit 2022 in Abuja, the […]