The World Bank on Tuesday raised its China’s economic growth forecast this year to 8.5% from 8.1%, hinging the attainment of the projection and country’s full recovery on progress in vaccinations against the coronavirus pandemic The Breton Woods institution in its report noted that factory and consumer activities in the country back above pre-outbreak levels, […]
Cellulant, a leading Pan-African payments company has unveiled its new brand identity and re-affirm its commitment to partner with global, regional and local businesses to accelerate payments’ digitization across Africa. The technology firm has over the last couple of years evolved to become more than just a business but an idea and belief that Africa […]
The Central Bank of Nigeria (CBN) has approved the release of 50,000 metric tons of maize to 12 maize producers, from the strategic maize reserve (SMR) as part of its sustained drive towards achieving food security in Nigeria The beneficiary farming entities are Premier Flour Mills, Crown-Olam, Grand Cereals, Animal Care, Amobyn and Hybrid Feeds, […]
The Nigerian National Petroleum Corporation (NNPC) on Thursday hinted that it was collaborating with the Economic and Financial Crimes Commission (EFCC), security agencies and relevant downstream and upstream stakeholders in the petroleum industry to combat the increasingly worrisome problems of petroleum products’ smuggling and crude oil theft in the country. The corporation’s Group Managing Director, […]
The World Bank Group on Thursday projected that hiking excise duty on tobacco and alcohol as recommended in its latest National Development Update report can increase Nigeria’s non-oil revenue by N600 billion yearly. A Senior Tax Specialist of the Breton Woods institution, Mr. Rajul Awasthi, made the forecast during a virtual discussion on domestic revenue […]
President of Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Goronyo, on Thursday said that with nine million metric tons of annual rice production, Nigeria is now self-sufficient in rice production with huge potential to export to the international markets. The RIFAN leader made this disclosure in Kaduna when the Central Bank of Nigeria (CBN) […]
House of Representatives Committee on Host Communities on Thursday warned an oil exploration company, First Exploration and Production Development Company, against obstructing the hearing of a petition by Bekikiri communities of Brass Local Government Area of Bayelsa State against the firm. The committee also asked the company not to deny oil host communities of their […]
L-R: Founder/Chief Operating Officer, TAJ Bank Limited, Mr. Hamid Joda; Managing Director, Mr Norfadelizan Abdulrahman; Chairman, Alhaji Tanko Isiaku Gwamna; and Company Secretary, Mr. Hamisu Sani; during the bank’s 2nd Annual General Meeting (AGM) held in Abuja yesterday
…..as lender records 471% growth in Profit Before Tax Shareholders of TAJBank Limited, Nigeria’s leading non-interest banking products and services provider, yesterday commended the board and management of the bank for its impressive performance in its first year of operations, promising continued commitment to the realisation of the vision and mission of the innovation-driven lender […]
Nokia today announced the global launch of its latest range of industry-leading Airscale 5G products covering baseband, remote radio heads and massice MIMO active antennas with digital beamforming. A news report by African Press Organisation (APO) Group indicated that the solutions are powered by the latest generation of Nokia’s ReefShark System-on-Chip (SoC) chipsets and deliver […]