The Centre for the Promotion of Private Enterprise (CPPE) commends President Bola Tinubu, the Coordinating Minister for the Economy, the Minister of Industry, Trade and Investment and the Minister of Interior for suspending the implementation of the contentious EEL. The Centre, in a statement by its Chief Executive Officer, Dr. Muda Yusuf, described the gesture […]
….Lauds Tinubu On Oronsanye’s Report Implementation The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has commended President Bola Ahmed Tinubu for adopting the Steven Oronsaye Committee’s Report in furtherance of his administration’s sustained efforts aimed at reducing high cost of governance through the restructuring and rationalization of federal agencies, parastatals and commissions. The commission, in […]
The latest report from the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, has indicated a strong recovery in global market capitalization in 2023. The report attributed the impressive performance of the investment market to the improvement in the fundamentals of listed companies, complemented by some new listings […]
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has restated the commission’s commitment to creating inclusive environment with a view to promoting gender inclusiveness in the telecommunications and Information and Communications Technology industry to support current drive by the government to fully digitalize the nation’s economy. […]
The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu said on Friday that the agency would double the number of female engineers in the country over the next five years. The EVC/CEO made this pledge during the official launch of “Developing Engineering Leaders Through […]
The Development Bank of Nigeria (DBN) on Friday disclosed that it had disbursed about N700 billion to Small and Medium Enterprises’ (SMEs’) owners in the last seven years in furtherance of its mandate to support efforts by the government to grow the nation’s economy. The Managing Director of the development finance institution, DBN gave this […]
Despite sustained efforts by West African governments to introduce a single currency for cross-border transactions in the sub-region, indications have shown that the quest for a single currency regime by them is becoming a herculean task in terms of performance assessment. The West African Monetary Zone (WAMZ) Director- General, Dr. Olorunsola Olowofeso, on Friday expressed […]
Following the successful issuance of its sixth Sukuk bond worth N350 billion in October 2023, the Debt Management Office (DMO) has announced the listing of the Sukuk on NGX and FMDQ Securities Exchange. According to a statement by the DMO on the debt instrument, listing the N350 billion Sukuk will enable investors who didn’t subscribe […]
The National Bureau of Statistics (NBS) reported on Friday that the National average Cost of a Healthy Diet (CoHD) was N858 in January 2024. The Bureau, in its ‘Cost of Healthy Diet January 2024’ report published on Friday, March 8, indicated that the report’s findings showed that the average CoHD was highest in the South […]
In 2023, Nigeria’s total foreign trade increased to N71.88 trillion from N52.38 trillion recorded in 2022, representing an increase of 37.2% year-on-year (Y-o-Y) These figures were contained in the Foreign Trade in Goods Statistics (Q4 2023) report published by the National Bureau of Statistics (NBS) on Friday, March 8, on its website. The statistics agency […]