Microsoft Africa Development Centre (Microsoft ADC), has announced the commencement of its Game of Learners Clinic, a three-month intensive training programme for university undergraduates and beginner developers across the West African sub-region. According to the programme schedule, the training is starting in October 2021 and will enable trainees to level up on .Net, JavaScript, Azure, […]
Economy News Extra
Nigeria’s Rig Count Rises By 20.8% In Q3 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has reported that Nigeria’s rig count increased by 20.8 per cent Year-on-Year (YoY), to 29 in the third quarter of this year from the 24 rigs recorded in the corresponding period of last year. Rig count is a global index for measuring activities in the upstream sector of […]
IMF Revises Ghana’s 2021 Growth Forecast To 4.7%
The International Monetary Fund (IMF) has revised Ghana’s growth rate marginally by 0.1% to 4.7% in 2021, representing 0.2% lower than the World Bank’s growth forecast of 4.9% for the year. The Washington-based multilateral institution, which gave the latest prediction in its October 2021 World Economic Report, also projected that Ghana’s economy would expand by […]
U.S SEC Amends Filing Fee Disclosure, Payment Methods
The United States’ Securities and Exchange Commission (SEC) has adopted amendments to modernize filing fee disclosure and payment methods. Under the revised methods, operating companies and investment companies (funds) pay filing fees when engaging in certain transactions, including registered securities offerings, tender offers, and mergers and acquisitions. The amendments revised most fee-bearing forms, schedules, and […]
SEC, EFCC Collaborate On Capital Market Devt
The Securities and Exchange Commission Nigeria (SEC) has organized a capital market training for employees of the Economic and Financial Crimes Commission (EFCC) as part of its regulatory measures to ensure that financial crimes are reduced to the barest minimum in the nation’s capital market. Speaking during the opening session of the one-day training with […]
Access Bank Group GMD Bags Juris Law Award
The Chairman of Nigeria’s body of bank chief executive officers, Dr. Herbert Wigwe has been awarded Juris Law award for his contributions to corporate governance and rule of law in the nation’s banking industry. The prestigious award was presented by the Juris Law Office in collaboration with the National Judicial Institute to Wigwe, who is […]
During the LCCI Press Conference To Announce The 2021 Edition Of The Lagos International Trade Fair
L-R: Vice President, Lagos Chamber of Commerce and Industry (LCCI), Engr. Leye Kupoluyi, Chairperson, Marketing Committee, LCCI Trade Promotion Board, Mrs. Bunmi Obadina; Chairman, LCCI Trade Promotion Board, Mr Gabriel Idahosa; Head Corporate Communications, LCCI, Dr. Segun Alabi; and Director, Trade Promotion, LCCI, Mr. Taiwo Seriki, at the Press Conference held in Lagos on Wednesday […]
NNPC Unveils Plans To Utilize Tax Credit Scheme For Road Projects
The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele Kyari, has hinted of plans by the corporation to rebuild key roads used in the transportation of petroleum products under the Federal Government’s Tax Credit Scheme. Established under FG’s Executive Order 7 of 2019, the Road Trust Fund Policy/Tax Credit Scheme gives private sector […]
Nigeria’s Crude Oil Production Hits 1.451MB/D In September – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has reported that Nigeria’s crude oil production averaged 1.451 million barrels per day in September 2021. The oil cartel in its Oil Market Report for October 2021 sourced on Wednesday indicated that the figure represented an increment of 156 barrels per day over the 1.296 million barrels […]
US Inflation Rises To 5.4% In September
The United States inflation, as measured by the Consumer Price Index (CPI), rose to 5.4% on a yearly basis in September from 5.3% in the preceding month. The US Bureau of Labor Statistics reported on Wednesday the upswing in the general price level aligned with analysts’ estimates. On a monthly basis, the CPI edged higher […]