ECOWAS Elect Senegal President Faye as New Chairman
Faye emerged as the new chairman during the 69th Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States in Sierra Leone on Sunday.
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“Why Israeli–Iran War Is Good News for Nigeria’s Oil/Gas Industry “
” Economies around the world (Nigeria inclusive) would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term.” Dr Muda Yusuf, the Director/Chief Executive Officer Centre for the Promotion of Private Enterprise [CPPE], says that the outbreak of war between Israel and Iran , if it…
Otedola speculates Naira will trade below ₦1,000/$1 before year-end, driving by Dangote Refinery
With domestic refining now in full swing after decades of reliance on fuel imports, pressure on the foreign exchange market is expected to ease considerably.
“Under the Renewed Hope Agenda of President Bola Ahmed Tinubu, our target is to produce 10 million metric tonnes of steel annually to significantly reduce the country’s reliance on imported steel. Once our plans are fully implemented in the next five years, we will achieve all our objectives.”–Prince Shuaibu Abubakar Audu, Minister of Steel Development.
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Dangote to Spend N1bn Annually on Nigeria’s Human Capital Development (2026-2030)
Dangote told representatives of the governments and stakeholders in the education sector that the money will be disbursed through the Aliko Dangote Foundation in the tranche of N100 billion annually .
PEBEC Tasks BoI, NSDC, NEPZA to work on Business Facilitation
The MDA’s overall performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively
Brazil makes formal request to become IEA Member country
Brazil joined the IEA Family as an Association country in 2017.
Why Banks Should Support Govt’s Windfall Levy – Prof Adetunji Ogunyemi
Adetunji Ogunyemi, is a Professor of Economic History at the Obafemi Awolowo University, Ile Ife. He is also a lawyer and public finance expert. In this interview, Prof Ogunyemi speaks on the amendment of the Finance Act 2020 by the National Assembly to accommodate windfall levy on banks’ profits on foreign exchange transactions. He submits…
IFC Shares “Must Do” For Women Who Trade Across Borders
The International Finance Corporation (IFC) has called on trade finance institutions the like of Afreximbank, the Development Bank of Nigeria, AfDB, etc, as well as the governments and regulators, to improve women-owned businesses access to finance, especially in Nigeria and the other emerging markets. IFC made the call in its latest country studies results, titled…
Vitafoam Nigeria New Year Dividend For Shareholders: N1.9bn FY 2023
▪︎Taiwo Adeniyi, GMD/CEO The Board of Vitafoam Nigeria Plc will present a dividend of N1.951,317,000, representing 1.56 kobo per share to shareholders for approval at the next annual general meeting in 2024. This is even as the company says that it’s expansion drive to Sierra Leone has begun to yield positive outcome by way of…