An economic agenda for the new administration has been established by the Centre for the Promotion of Private Enterprises (CPPE) with the goal of restoring investor confidence and repositioning the Nigerian economy. In a statement released on Sunday in Lagos, the founder of the CPPE, Dr. Muda Yusuf, said that Nigeria’s current political transition gave Read More…
In order to boost local content and promote economic sustainability in Nigeria, the National Office for Technology Acquisition and Promotion (NOTAP) will work with the Nigerian Academy of Science (NAS). Dr. DanAzumi Ibrahim, the DG NOTAP, spoke Friday in Abuja to a delegation from the academy that was headed by Prof. Ekanem Brande, the academy’s Read More…
The proposed reform of the CBN’s cash withdrawal limit policy for businesses and individuals has the support of financial professionals. In separate interviews with newsmen on Wednesday in Lagos, they expressed this. While the experts were speaking, Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, indicated that the government would not be stringent Read More…
According to the presidency, between 1999 and 2021, nine oil-producing states will have earned a total of N625.43 billion in 13 percent oil derivation, subsidies, and SURE-P refunds from the Federation Account. The impacted states that received the reimbursements spanning from 1999 to 2021 were Abia, Akwa-Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Read More…
The International Monetary Fund has cut its estimate for Nigeria’s real GDP growth in 2022 from 3.4% to 3%, citing low oil production and the bad effects of recent flooding. Nigeria is trying to stop oil theft and violence in its oil-producing areas, which has cut oil production and the government’s income. Additionally, the nation Read More…
Nigeria’s economic existence will be ensured, according to the Nigerian Export Promotion Council (NEPC). This was said by Dr. Ezra Yakusak, Executive Director/CEO of NEPC, during a news conference announcing the NEPC Export Week, which will take place from November 21 to November 26. Yakusak emphasised that Nigerians must support non-oil exports since they are Read More…
A pan-African corporation, Dangote Industries Ltd. has committed to deepening commercial, industrial, and economic activities to support Nigeria’s economy. On Tuesday in Lagos, Mr. Anthony Chiejina, the Group Chief Branding and Communication Officer of Dangote Industries Ltd., said this. According to Chiejina, the company’s sponsorship of the 2022 Lagos International Trade Fair (LITF), which will Read More…
With the aim of encouraging international partnerships, the Nigerian Institute of Leather Science and Technology (NILEST), Zaria, has expanded its lobbying campaign on the national leather policy to the Portuguese leather industry. On Monday in Abuja, Director-General of the Institute, Prof. Mohammad Yakubu, stated to the news media that the advocacy trip was made to Read More…
First Bank of Nigeria (PLC), according to Mrs. Oluwatoyin Aina, Head of Energy, Downstream, and International Oil Trading, has supported a number of energy-related projects and will continue to do so. On Wednesday, Aina made this statement during the Oil Trading and Logistics (OTL), Africa Downstream Week that was taking place in Lagos. She said Read More…
According to Vice President Yemi Osinbajo, the agricultural value chain rather than the extractive industry is where Nigeria finds its wealth. This opinion was expressed by Osinbajo on Friday in Abuja during the inauguration of the Olam Agri initiative Seeds for Future Foundation and Education Grant. Leading agricultural company Olam Agri concentrates on fast-growing consumer Read More…
