The Tony Elumelu Foundation (TEF) today pledged N500 million to create an entrepreneurship programme for indigenes of Delta State. The founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to the state Governor Ifeanyi Okowa, in Asaba. He said: “Your Excellency, […]
WaterAid Nigeria has unveiled plans to co-convene an informal breakfast dialogue on the sidelines of UN High Level Political Forum, (HLPF) kicking off today in New York, United States, with a view to discussing urgent issues on Nigeria’s Water, Sanitation and Hygiene (WASH) sector and attracting global support for government’s initiatives in the sector. Specifically, […]
The Minister of State for Industry, Trade and Investment, Hadjia Aisha Abubakar, on Thursday canvassed the need for urgent measures to address the low level of financial literacy among Micro, Small and Medium Enterprises owners in the country. She said that doing so would impact positively on the MSMEs’ sub-sector’s productivity, profitability and contributions to […]
The Federal Airports Authority of Nigeria (FAAN) has launched a service feedback application, for users to give air their views or experiences about the quality of services being rendered by government agencies at the nation’s airports. The commissioning of the App,which is an initiative of the Presidential Enabling Business Environment Council (PEBEC), took place at […]
The Federal Executive Council (FEC) on Wednesday approved N12.7 billion for a contract for the exploration and consultancy on some of its targeted minerals like gold, industrial minerals, earth metals and iron ore. The Minister of State for Mines and Steel Development, Bawa Bwari, confirmed this while speaking with State House correspondents after the cabinet […]
Apparently determined to ensure that the benefits of the recent bilateral currency swap deal between it and Peoples Bank of China (PBoC) accrue to the country, the Central Bank of Nigeria (CBN) has embarked on nationwide enlightenment campaigns on how importers and exporters could tap into deal’s opportunities. Already, officials in the trade and marketing […]
PriceWaterhouseCoopers (PwC), the world’s leading consultancy and research firm, has projected that Nigeria’s hotel sector held the best prospect of growth in Africa over the next five years. The firm, in its eighth edition of the Hotels Outlook: 2018-2022 reported that Africa’s hotel sector had the potential for further growth over the next five years. PwC based […]
The Debt Management Office (DMO) on Wednesday has confirmed that Nigeria has a subsisting debt management strategy contrary to a report published by a national daily to the contrary, The Director-General of DMO, Ms. Patience Oniha, in a statement issued by the Office, disclosed that the Debt Management Strategy, which was approved by the Federal Executive […]
Nigeria and France on Tuesday signed three agreements worth $475 million on social amenities and reforestation. The agreements, the signing of which was witnessed by both President Muhammadu Buhari and the visiting French President, Emmanuel Macron, during their bilateral talks at the Presidential Villa, cover Urban Mobility Improvement Programme of Lagos State, Sustainable Water Supply […]
The Lagos Chamber of Commerce and Industry (LCCI) on Thursday projected that the late passage of the 2018 Appropriation Bill into law would cost reduce the performance of the capital budget by about 13 percent and impact negatively on the nation’s Gross Domestic Product (GDP). Making this forecast during the formal inauguration of the Association […]