Nigeria To Establish Solid Minerals Corporation To Attract Investment
Solid minerals minister Dele Alake did not give a timeframe for when the new company would be set up.
Tinubu Leads Dangote, Otedola, Elumelu, Ovia, Onyema, Rabiu, 32 Other Business IiLeaders to India
Others include Mohammed Indimi, Arthur Eze, Razak Okoya, Emeka Offor, Cosmas Maduka, Adewale Tinubu, Bola Shagaya and Folurunsho Alakija.
Nigerian Governors Want President to Honour Agreement on Stamp Duties
They said the trillions accumulated from stamp duties would cushion the effects of petrol subsidy removal better than the “token” being given as palliatives.
UK Seeks More Ways To Build Stronger Trade and Investment With Nigeria
“The UK wants to encourage UK companies to invest into the region.”
Despite Challenges, GTCO Declares N327bn PBT for Half Year 2023
With the significant increase in profits, the management of GTCO declared N0.50 per share interim dividend in H1 2023 as against N0.30 per share declared in H1 2022.
Egyptian Businessman Mohamed Al Fayed Dies Aged 94
After his eldest son Dodi was killed in a car crash alongside Princess Diana, the former Harrods and Fulham owner spent years questioning their deaths.
FCCPC Voted ‘Most Efficient, Most Transparent’ Nigerian Government Agency
The evaluated agencies included NAFDAC, NCAA, NCC, NERC, NITDA, NOSDRA and SON.
Nigeria Boosts OPEC Oil Output in August After Forcados’ Return
“OPEC’s output is still undershooting the targeted amount by almost 800,000 bpd mainly because Nigeria and Angola lack the capacity to pump as much as their agreed level.”
CBN Alerts Banks on Arrest of Nigerian, Others Over Seizure of Fake $1bn Bound for Africa
The apex bank directed financial institutions to conduct searches on their database to determine any information related to the identified individuals.
Tinubu To NESG: My Support For Public-Private Sector Collaboration To Grow Nation’s Economy Unwavering
He said his administration’s economic reforms are based on ease of business, collaboration and constant performance assessment.
Stanbic IBTC Posts Strong Half-Year Performance, Grows Profit by 121%
The results also showed that the bank’s total assets increased by 47 per cent to N4.45 trillion, up from N3.03 trillion recorded in December 2022.
IMF: Africa’s Fragile States Greatest Casualties of Climate Change
The Fund stated that as African leaders converge on Kenya for next week’s African Climate Action Summit, it was vital that they come up with solutions to support the vulnerable countries.
Again, Nigerian Manufacturers Groan as Economic Indicators Falter
They said they’re affected by the exorbitant new premium rate for motor insurance and the abrupt subsidy removal which significantly worsened sales.
NGX Index Hits 15-Year High as Nigeria’s Stock Market Soars
This performance was in part, attributed to a surge in banking stocks as investors strategically positioned themselves.
IFC Invites Female Entrepreneurs to Apply for 5,000 Startups Programme in Africa
The IFC also gave $208 million to partners in 12 countries to empower small businesses.
Governor Mbah To Unveil $2.1bn Project Pipeline as Enugu Holds Inaugural Investment Roundtable
He is also scheduled to launch the Enugu State Integrated Sector-Based Productivity Growth Strategy.
Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
Lag8d Governor Sanwo-Olu said the state is committed to being Nigeria’s preferred investment destination.
Elumelu Hails Tinubu’s Economic Reforms, Holds Private Meeting with President
He urged Nigerians to be more patient with the President and the ongoing process.
Wale Edun: Nigeria Not In A Position To Borrow, Emphasis Should Be On Building A Macro-Economic Environment
He also said that Tinubu inherited a bad economy, but he has promised to fix it.
Falana: It’s Not For Market Forces, IMF, World Bank To Fix Forex Rate
The SAN instructed the NBA to pay rapt attention to turnaround of refineries and its budgetary allocation.
