Economy

Obasanjo mourns business mogul, Dozie

 Former President Olusegun Obasanjo has expressed regret over the death of renowned business mogul, Chief Pascal Dozie, describing him as one of the country’s most undaunted entrepreneurs. In a statement by his Special Assistant on Media, Kehinde Akinyemi, issued in…

ACAMB mourns Diamond Bank founder Dozie

The Association of Corporate Affairs Managers of Banks (ACAMB) has described the death of founder of defunct Diamond Bank, Pascal Dozie, as a loss to the banking and financial services sector The News men reports that Dozie passed away on…

How credit ratings affect African economies— ECA 

African countries continue to face significantly higher borrowing costs due to credit ratings that many experts say fail to reflect the continent’s true economic realities. The Executive Secretary of the UN Economic Commission for Africa (ECA), Claver Gatete, said this…

Edun

Nigeria’s economy achieving stability – Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria’s economy has achieved relative stability over the past 18 to 20 months. Edun said this during a Zoom dialogue meeting in Abuja on Thursday. According…

BOI announces N10bn GLOW fund to support female entrepreneurs

The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at ₦10 billion to support female entrepreneurs across the country. The bank’s Managing Director, Dr Olasupo Olusi, announced the initiative on Thursday in Lagos, stating that…