The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso who said this on Tuesday in Abuja, while presenting a communique from the…
By Esther Agbo At the 2024 Access Corporate Forum in Lagos, the Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, highlighted the critical issue stifling Nigeria’s manufacturing sector as ineffective policy implementation by successive governments. According to…
By Esther Agbo The banking sector witnessed a notable 62.4 percent increase in liquidity, rising to N1.2 trillion, driven by inflows from the Standing Lending Facility, as revealed in a report by Afrinvest. The surge in liquidity was largely fueled…
… As Sen. Umeh, NEPC ED, SMEDAN CEO, 16 others become ACCI Fellows By Matthew Denis The Nigeria Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the government to develop key policies that foster an environment where businesses…
… features 500 exhibitors, showcases 10,000 products others By Matthew Denis The President of Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu has disclosed that the Abuja International Trade Fair (AITF) is a commercial hub for knowledge sharing,…
African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York. Elumelu will call…
By Esther Agbo The International Labour Organisation (ILO) has revealed that eliminating forced labour could lead to a $611 billion boost to the global economy, including significant benefits for Nigeria. The report, titled “Acting against Forced Labour: An Assessment of…
By Esther Agbo At a recent forum in Lagos, the Acting Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, highlighted significant strides made by Nigerian states in pension fund management, emphasising the increasing adoption and implementation of the Contributory…
…As Coca-Cola plans to invest $1bn in Nigeria By Esther Agbo Nigeria has recorded a monthly net inflow of $2.35 billion into its foreign reserves, a development that is helping to stabilise the naira and strengthen the nation’s economic position,…
By Seun Ibiyemi The Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has announced the government’s dedication to deep seabed exploration and sustainable practices in the maritime sector. This is even as he added that the Ministry, in collaboration…
