The Federal Government of Nigeria has called for the submission of research papers in lieu of the country’s participation at the 17th Edition of the International Conference on Theory and Practice of Electronic Governance (ICEGOV). ICEGOV is an annual gathering…
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, was on Tuesday, February 27, 2024, recognised with the Sustainable Energy Business award at the ongoing Nigeria International Energy Summit (NIES), the…
Leading fintech company PalmPay has partnered with the Corporate Affairs Commission (CAC) to register 219,000 small businesses to boost Nigeria’s economy. In a press briefing announcing the initiative recently in Abuja, the Registrar-General of CAC, Hussaini Magaji, said the exercise…
By Sodiq Adelakun The US Dollar experienced a significant crash on Wednesday, dropping by 6.45 percent against the Nigerian Naira on the parallel market, commonly known as the black market. This sudden decline came shortly after the Central Bank of…
In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking case study. The case…
The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its US$30 billion funding of the energy sector in Africa. The Afreximbank said it has been able to make modest contributions…
Naira fluctuations, which have weakened the purchasing power of consumers, have prompted businesses to adapt to local content, according to Bunmi Adeleye, Chief Strategy Officer of Retail Supermarkets Nigeria Limited, owners of Shoprite Nigeria. Retail Supermarkets Nigeria was recently acquired…
The National Bureau of Statistics (NBS) says prices of beef, rice, beans, onion, tomato, and other food items increased in January 2024. It said this in its Selected Food Prices Watch report for January 2024 released in Abuja on Tuesday.…
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso says the Naira is grossly undervalued. Cardoso said this on Tuesday in Abuja, while presenting a communiqué from the 293rd meeting of the apex bank’s Monetary Policy Committee…
The Central Bank of Nigeria (CBN) on Tuesday disclosed that it has cleared an additional $400 million forex backlog. The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso made this known while speaking at the apex Bank inaugural…
