Reposition economies to create employment

Former Ghanian President, John Mahama, has called on West African countries to reposition their economies toward providing more employment opportunities for their people.

Entrepreneurs advise youths on self-reliance

Some Entrepreneurial Ambassadors on Wednesday called on African youths to be self-reliant and also create partnerships that would grow their businesses as well as place them in leadership positions.

Experts predict interest rate retention

Financial experts have expressed optimism that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain existing rates due to the present inflation spike.

Associations harps on maintain commercial value of raw gum

The National Association of Gum Arabic Producers, Processors and Exporters of Nigeria (NAGAPPEN), on Wednesday said that it would ensure that raw gum maintained its high commercial value at local and international markets.

Economists list expectations ahead MPC meeting

As the Central Bank of Nigeria (CBN) prepares to hold its last Monetary Policy Committee (MPC) meeting in...

SEC Chairman seeks exploration of non-oil sector

The Chairman of the board of the Securities and Exchange Commission (SEC), Mr Olufemi Lijadu, has stressed the need for exploration of the country’s non-oil sector for economic growth and development.

Nigerian among 10 startsup by Dubai Chamber of Commerce

A Nigerian, Mr Kenneth Obiajulu-Okonkwo, and five other Africans have been selected among 10 startups by the Dubai Chamber of Commerce and Industry.

Bank deepens advocacy for stronger climate action

Unity Bank is in partnership with Avant-Garde Innovation and Technology Services (AGITS) to deepen advocacy initiatives for stronger climate action that will entrench values and ethos for achieving Sustainable Development Goals in the country.

Association wants joint border patrol

The Association of International Trade and Investment Promoters of Nigeria (AITIP of Nigeria), has called for a regular joint patrol and meetings between Nigeria and neighbouring countries to resolve issues that led to closure of Nigerian borders.

Nigeria approves €500m for industrial projects

Nigeria’s Federal Executive Council (FEC) presided over by President Muhammadu Buhari has approved a 500 million Euros loan to finance industrialisation projects and support Micro-Small and Medium Enterprises (MSMES) value chains in Nigeria.

FAAC shares N702.058b to federal, states and LGAs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N702.058 billion to the three tiers of government for the month of October.

120 SMEs for MegaCity Fair

No fewer than 120 small businesses from across the country are expected to participate in this year’s Megacity Fair which opens on Friday at Amuwo Odofin Festival Mall in Lagos.

DMO offers N150bn bonds

The Debt Management Office (DMO) on Wednesday offered N150 billion from three Instruments - five- year, 10-year and 30-year bonds for N50 billion each to investors at the auction.

NNPC moves to automate downstream facilities

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation is poised to automate its downstream facilities such as depots, pump stations and measurement systems across the country.

Eskom needs $12bn to comply with new emissions laws

South Africa’s power utility Eskom needs around 187 billion rand (12.60 billion dollars) to comply fully with existing...

Berger paints unveil automated plant

Berger Paints PLC said that it would soon unveil its automated water-based paint factory in Lagos.

Tak Agro to acquire 250 trucks for fertiliser production

TAK Agro, a major player in Nigeria’s agricultural value chain says it has concluded arrangement to purchase 250 MAN trailer-trucks for its fertiliser production and distribution, as well as grain processing and storage operations in readiness for dry season farming.

Oil prices fall as China, U.S record limited trade talk

The U.S. oil prices fell for the second straight day on Tuesday amid market jitters over limited progress...

Expert tasks Gulf of Guinea on financial commitments

Mr Tony Alonwu, Chairman for the Expert Meeting of the Gulf of Guinea Council of Ministers, has urged Member States to redeem their financial commitments to effectively combat issues facing the region.

Global economy dodges recession by margins

The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.


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Reposition economies to create employment

Former Ghanian President, John Mahama, has called on West African countries to reposition their economies toward providing more employment opportunities for their people.


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