The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has pledged the Bank’s support toward revamping Nigeria’s economy. Adesina, made the pledge during a meeting with Nigeria’s President, Bola Tinubu at the New Global Finance Pact Summit in Paris. The…
By Bob MajiriOghene Etemiku, Abuja The World Bank Group (WBG) in a Migration and Development Brief (number 38) in the series), has predicted that there would be an increment in remittances to Nigeria and several West African countries. According to…
Lagos Commodities and Futures Exchange (LCFE) has made a quantum leap in its determination to support the growth agricultural assets in Nigeria with the launch of the N5 Billion Series 1 of N30 Billion Eko Rice Contract by the Lagos…
The Federal Inland Revenue Service (FIRS) has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to the FIRS from the country’s markets, especially in the informal sector. The Association which has…
The Central Bank of Nigeria on Thursday admonished students and management of tertiary institutions in the country to adopt the e-Naira for payment of tuition fees, salaries, and other transactions in view of its benefits. The Assistant Director, CBN Ekiti…
The Institute of Directors Nigeria (IoD Nigeria), a governance institute and promoter of ethical professional standards in Nigeria, has elected Alhaji Tijjani Borodo, as its President and Chairman of Governing Council. Borodo emerged as president during an election at the…
…Commodities Exchange lists, trades Lagos’ rice at N33,000 per 50kg bag … State targets 2.5 million units in annual rice sales Rice produced from the Lagos State-owned 32-metric tonnes per hour Imota Rice Mill in Ikorodu has now hit the…
By Seun Ibiyemi There are strong indications that international airfares, especially on the Nigerian routes, may skyrocket once again as the International Air Transport Association (IATA) has, on Wednesday, pegged $1 to N770. Already, the inability of international airlines to…
By Seun Ibiyemi TAJBank, Nigeria’s leading non-interest bank, has inaugurated a new digital banking app – TAJWAY. According to a statement by TAJBank Managing Director, Mr Hamid Joda, the launch is in furtherance of the bank’s sustained drive to surpass…
The creditworthiness of Stanbic IBTC Holdings and its subsidiaries has been affirmed by a global rating agency, Fitch Ratings. The National Long-Term Ratings of the leading end-to-end financial institution in Nigeria has been affirmed at ‘AAA (nga)’ with a Stable…
