The Federal Government is set to develop the country’s”Agenda 2050 and a Medium-Term National Development Plan (MTNDP) 2021-2025 to coordinate sectoral approaches. The Minister of State, Federal Ministry of Finance, Budget and National Planning, Mr Clement Agba made this known while inaugurating a Central Working Group (CWG) for the programme on Wednesday in Abuja. This Read More…
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its Company Secretary. It said the acquisition plan would be consummated through its Zambian subsidiary, Access Read More…
The International Trade Centre has announced the launch of SheTrades Outlook, a digital tool that allows governments and others to track progress on gender equality in trade. It also tracks progress toward achieving Sustainable Development Goal (SDG) 5 to empower all women and girls. ITC launched the SheTrades Outlook at a side event of the Read More…
Africa possesses a more powerful tool in the African Continental Free Trade Area (AfCFTA) for accelerating regional and economic integration, the UN Economic Commission for Africa (ECA) has said. The Executive Secretary of the United Nations body, Ms Vera Songwe, stated this on Tuesday in a virtual panel discussion to mark the inaugural Africa Integration Read More…
The Lagos State Government has given support to the Kick Out COVID-19 Africa, also known as #KOCA Concert, toward combating the novel coronavirus pandemic through technology-driven intervention. Mr Colliins Nnabugwu, Chairman, Organisation for Leadership and Strategy Development (OLSD), organisers of the campaign, gave the assurance in a statement in Lagos on Tuesday. He said that Read More…
The Nigeria Sovereign Investment Authority (NSIA) recorded a Total Comprehensive Income (TCI) of N36.15 billion in 2019. Ms Stella Ojekwe-Onyejeli, the Executive Director and Chief Risk Officer at NSIA disclosed this at a virtual briefing (newsmen) on Friday in Abuja. Ojekwe-Onyejeli said the 2019 income was less when compared to the TCI for 2018 which Read More…
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 19.88 per cent, just as the market indices declined further. Specifically, investors traded 144.31 million shares worth N1.52 billion achieved in 3,993 deals. This was in contrast with 180.12 million shares valued at N1.85 billion exchanged in 3,889 deals on Read More…
Dr Amy Jadesimi, Managing Director of Lagos Deep Offshore Logistics (LADOL) base, a logistics and engineering facility, says local production is key to servicing trade in the African Continental Free Trade Area (AfCFTA) agreement. Jadesimi said in Lagos on Friday that the trade should not just be about importing from wealthy countries and distributing them Read More…
The Nigerian Ports Authority (NPA) said on Tuesday that 28 ships laden with petroleum products, food items and other goods had arrived Lagos Port Complex waiting to berth. NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos. According to Read More…
The Federal Competition and Consumer Protection Commission (FCCPC) says a Chinese restaurant, Haufei Restaurant & Mall 33 Aboyade Cole, VI, known for exclusive and discriminatory service in Lagos, remains shut. The FCCPC Director General, Mr Babatunde Irukera, disclosed this when he appeared on the News Agency of Nigeria (NAN) forum in Abuja. Irukera said that if a place Read More…