Tag: Businessday NG

Can Real Madrid continue winning streak against Villarreal? – Businessday NG Sports LaLiga,Real Madrid Home Sports Can Real Madrid continue winning streak against Villarreal?  This post was written by Anthony Nlebem and was first published at businessday.ng

Falconets head coach Christopher Danjuma has expressed confidence in his Nigeria U20 girls as the real race for berths at the FIFA U20 Women’s World Cup Costa Rica 2022 begins for Nigeria in Douala on Saturday, with a first-round, first leg encounter against the U20 girls of Central African Republic. Falconets flew into the Cameroonian…
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BP, Glencore suits allege role of oil bribe money in Nigeria’s 2015, 2019 elections – Businessday NG News 2015 elections,2019 elections,APC,BDlead,BP,Glencore,NNPC,PDP Home News BP, Glencore suits allege role of oil bribe money in Nigeria’s 2015, 2019 elections  This post was written…
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As Nigerians, our parents and grandparents told us tales of the good old days, when the dollar and naira were at par, when N 5 could feed an entire family, when education was free and when the public-school system was of international repute. The era when agriculture was flourishing and life in Nigeria was peaceful…
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Africa is bustling with creative talents and innovative spirits; all looking for platforms that’ll enable them to express themselves, granting them the needed jolt to a successful career launch. Design Fashion Africa, popularly called DFA, which is a reality TV show, has been one of the few platforms giving creatives across Africa, a chance at…
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Could forests can help solve Africa’s housing challenges? – Businessday NG BD Weekender Housing  This post was written by Mokena Makeka and was first published at businessday.ng

“Smart Money Woman”Now trending as no 1 on Netflix, the amazing movie produced by “Arese Ugwu” is one that would be worth every bit of your time. The movie was based on her book with the same name and the series features Africa’s best and brightest stars like “Osas Ighodalo”, Toni Tones, Ini Dima Okojie,…
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Luxury Maldives Resort Operator Soneva Hosts Exclusive Dinner at Slow Lagos – Businessday NG BD Weekender beach,Maldives Home BD Weekender Luxury Maldives Resort Operator Soneva Hosts Exclusive Dinner at Slow Lagos  This post was written by BusinessDay and was first published…
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Women have from time past been directly or indirectly involved in supporting their families and communities through entrepreneurial activities especially through farming and the processing of farm products, fishing, textile production, and trading in markets, thereby contributing to household incomes and growth of national economies. Even with all the historical success, women still make the…
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News Roundup: FG to roll out 5G network, China Declares Cryptocurrency Transactions Illegal, Nigeria Sells $4bn Eurobond… – Businessday NG BD Weekender vaccine,WHO Home BD Weekender News Roundup: FG to roll out 5G network, China Declares Cryptocurrency Transactions Illegal, Nigeria Sells $4bn Eurobond… …
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I have always been very close to my parents. Literally tied to my mother’s apron strings since I was a child. I have always longed for freedom. I wanted to be independent… to do things on my own. I wanted to just let down my hair and breath a little but being the only child…
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From a Poor Writer to a Rich Writer – A Review of Emeka Nobis’s Your Book Will Sell! – Businessday NG BD Weekender Book Review Home BD Weekender From a Poor Writer to a Rich Writer – A Review of Emeka Nobis’s Your Book Will Sell! …
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Nigerian students were among the top performers in the recently concluded Cambridge International examinations, winning awards for top performance in the November 2020 exam series. As a result, fifty-three students have been granted the prestigious Outstanding Cambridge Learner Awards in various subjects at Cambridge IGCSE, Cambridge O’Level, and Cambridge International AS & A Level. Juan…
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Osinbajo lays foundation of luxury housing estate in Akwa Ibom – Businessday NG News Akwa Ibom Home News Osinbajo lays foundation of luxury housing estate in Akwa Ibom  This post was written by Aniefiok Udonquak and was first published at businessday.ng

“Please, pray for me. I have reasons to believe that my life is in danger and that some powerful political forces want to silence me forever for speaking the truth.For speaking on behalf of the holy martyrs of thousands of innocent children, women, elderly and youths that have been killed in our beloved country. It…
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Healthy Living and Women Empowerment Initiative (HELWEI), a non-governmental organisation, has taken the initiative to deepen and bridge the financial gap of small business owners with capacity training and micro credit empowerment. The two-day capacity building for women-led small businesses on book keeping, customer relations and digital marketing in Egbe/Idimu Local Council Development Area (LCDA)…
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The international advocacy organisation, Global Citizen, supported by the Lagos State government and Africa’s leading retail bank, Access Bank, is set to hold a 24-hour live broadcast on the 25th of September, 2021, with events and performances filmed across six continents aimed at uniting the world, defending the planet and defeating poverty. Global Citizen Live…
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The first molecule of domestic liquefied natural gas from Nigeria LNG Limited is billed to come into the Nigerian market by July 2022 heralding what could become a million-dollar investment opportunity in the gas sector. On the back of this plan, investors can find opportunities in shipping, regasification infrastructure construction, offtaking the gas, construction of…
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Below is the full text of President Muhammadu Buhari’s Address at the 76th Session of UNGA in New York on Friday. “Mr President, “Let me, on behalf of the government and people of Nigeria, congratulate you on your well-deserved election as President of the 76th Session of the United Nations General Assembly. I would like…
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CloudExchange partnership with Huawei set to transform West Africa data centre – Businessday NG News CloudExchange,Huawei Home News CloudExchange partnership with Huawei set to transform West Africa data centre  This post was written by Modestus Anaesoronye and was first published at…
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President Muhammadu Buhari has called for outright debt cancellation for developing countries facing the most severe challenges particularly due to the COVID-19 Pandemic. The president made this call on Friday at the 76th session of the UN General Assembly (UNGA) currently holding in New York. The President called on world leaders to urgently review the…
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Governor Babajide Sanwo-Olu of Lagos State on Friday received the Guinness World Record certificate as holder of the world’s largest anniversary logo made with cupcakes mosaic. The record was in respect of Lagos State Government’s celebration of the 60th independence anniversary of Nigeria with 60,011 cupcakes mosaic anniversary logo in the world, on October 1,…
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Ahead of the October 6 Local Government Elections, the Independent Electoral Commission (NASIEC) in Nasarawa State says, about 4,000 ad hoc staff would be engaged for the exercise. Ayuba Usman Wandai the chairman of the electoral commission who made this known in an interview with newsmen in Lafia, said the essence was for the smooth…
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High cost of diesel, multiple taxations are killing our business – GMD Royal Farms – Businessday NG News diesel,Tax Home News High cost of diesel, multiple taxations are killing our business – GMD Royal Farms  This post was written by Mike…
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For improved business processes and consistent delivery of quality products and services to customers, Investment One Financial Services Limited has been awarded the International Organization for Standardisation (ISO) certification for information security management. The company said the ISO re-certification signifies that the organisation adheres to the highest internationally recognized standards and stringent controls for managing…
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Solomon Aguene, the president of Igbo socio-cultural organisation, Ohanaeze Ndigbo, Lagos chapter, has said the union has decided to establish and maintain a cordial relationship with the Lagos State government because it was crucial for the promoting of Igbo interest in the state. Aguene stated this over the weekend in an interview with BusinessDay, at…
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The Independent National Electoral Commission (INEC) has called on the National Population Commission (NPC) periodically avail it of the data of deceased Nigerians to enable the electoral body to further clean up the voters’ register. INEC Chairman, Mahmood Yakubu made the demand when the NPC Chairman, Isa Kwarra paid him a courtesy visit at the…
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Ahead of the National Convention of the All Progressive Congress (APC) Governor Ben Ayade of Cross River State says he is convinced of senator Modu Sheriff’s strong sense of character, honesty, integrity, and massive political credentials. The APC’s yet-to-be-scheduled National Convention is to throw up members of the National Executive Committee including the national chairman.…
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Delta explains reason for selecting only youth farmers into YAGEP News Delta state,YAGEP Home News Delta explains reason for selecting only youth farmers into YAGEP  This post was written by Mercy Enoch and was first published at businessday.ng

Governor Udom Emmanuel of Akwa Ibom State has once more promised uninterrupted electricity and power-for-all before the end of the year. The governor made the pledge in his statewide broadcast to mark the 34th anniversary of the creation of the state saying that most parts of the state were currently enjoying stable electricity. “Today, 34…
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Africa Finance Corporation (AFC) is expanding its horizons beyond infrastructure development to environmental protection, as it is looking to raise two billion dollars over the next three years, starting with $500 million in the next twelve months, to promote a healthy environment and address Africa’s vulnerability to climate risk. Environmental reports reveal that although Africa…
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Credit accessibility and affordability have remained a challenge for businesses particularly the Micro, Small, and Medium Enterprises (MSMEs). Nigeria has over 41.5 million MSME businesses however less than five percent are able to access adequate finance for working capital or get funding for business growth and expansion. Yet, MSMEs still contribute 50 percent to GDP,…
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Digital entrepreneurship has been described as a crucial element necessary in ensuring sustainable digital economy because, through innovations in technology, people have been able to shop and sell products online much faster, making life easier. This was disclosed by the Director-General, National Information Technology Development Agency (NITDA) Kashifu Inuwa Abdullahi, while delivering a keynote address…
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Janet Martins resides in Ibafo community, a local government close to Nigeria’s commercial capital. Like many women, she needs power for her daily needs in taking care of her family’s essential needs. Yet this seemingly straightforward task is complicated by a myriad of challenges commonplace across the country. To change this narrative, Zola Electric has…
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UNECA pushes for women, youth development at West Africa Business Forum – Businessday NG News AfCFTA,MSMEs,Unemployment Home News UNECA pushes for women, youth development at West Africa Business Forum  This post was written by Ifeoma Okeke and was first published at…
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MEMMCOL trains 600 Nigerians on meter manufacturing, installation – Businessday NG News Home News MEMMCOL trains 600 Nigerians on meter manufacturing, installation  This post was written by Ifeoma Okeke and was first published at businessday.ng

Kwara State Internal Revenue Service (KWIRS) has won an appeal judgment in the Court of Appeal, Ilorin Division, against a consulting firm, Mazars Consulting, over a N567.7 million claim. The appellate court, in unanimous decision, read by the presiding judge of the Court of Appeal, Ilorin Division, U.I. Ndukwe-Anyanwu, struck out the entire claims of…
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ReelFruit raises $3m to expand production – Businessday NG News Fruit Market Home News ReelFruit raises $3m to expand production  This post was written by Desmond Okon and was first published at businessday.ng

Oil is poised for a fifth weekly gain in a market tightened by a global energy crunch that’s set to increase demand for crude. Futures in New York held above $73 a barrel, while global benchmark Brent traded above $77 or near its highest settlement since 2018. Analysts at Goldman Sachs say they expect oil…
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In February 1989, Nigeria was in a tight spot. Squeezed by years of austerity following the end of the oil boom era and racked by the twin perils of falling consumer demand and galloping inflation, the economy was taking a beating. Food shortages in particular, had become a problem for many Nigerians, alongside runaway food…
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Gender gap: Lafarge raises female board representation to 45.5% – Businessday NG News Gender,Lafarge Africa Plc Home News Gender gap: Lafarge raises female board representation to 45.5%  This post was written by Bunmi Bailey and was first published at businessday.ng

Nigeria’s idle pharmaceutical industry capacity is a $4 billion growth potential that key stakeholders say can be unlocked through contract manufacturing opportunities that will ramp up local production. Leading players in the sector say the country can stop poor capacity utilisation and address the wide margin between drug demands and supply from within by ensuring…
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The Nigeria Centre For Disease Control (NCDC), says the number of active COVID-19 cases in Nigeria increased to 9,066 with 565 additional cases confirmed on Friday. The World Health Organisation (WHO) has for the first time recommended a combination of drugs to prevent severe COVID-19 disease in infected high-risk patients. The WHO…
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Godson Ogaga Essi better known by the stage name ‘Savage’ Warri born Nigerian Afro-beat singer, Godson Ogaga Essi better known by the stage name ‘Savage’ has hit a befitting milestone with his song ‘Confident’ which was released June 18, 2021. He collaborated with Nigerian Afro-Fusion singer, Buju to achieve a total of…
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Nigeria’s largest carrier, Air Peace on Thursday received its 4th Embraer 195-E2 aircraft as it intensifies plans to connect more States across Nigeria. This is as the airline says that additional three brand new 195-E2 aircraft would join the airline fleet before the end of 2021, as it plans to also take delivery of all…
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Amaka is one of the leading debt capital markets professionals in Africa with global experience spanning Africa, Central and Eastern Europe and Middle East, and has executed numerous transactions for clients across several countries and sectors. In particular, she has contributed significantly to the development of the capital markets in Sub-Saharan Africa, through various groundbreaking…
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Angela Kyerematen-Jimoh, Regional Head, IBM North, East and West Africa – Businessday NG Women in Business IBM  This post was written by Kemi Ajumobi and was first published at businessday.ng

On the 19th of September, female leaders honoured Founder/CEO, The Chair Centre Group, IBUKUN AWOSIKA, with a surprise event, as she was celebrated for her impact through the 360 Executive, 360 Woman, TFD and Life Series programmes, and also her achievements in the corporate and entrepreneurial world, including her recent appointment to the G7 Impact…
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The House of Representatives on Thursday moved to amend the Power Sector Reform Act of 2005, to strengthen the sector for efficient service delivery; and for related matters. Rep Magaji Aliyu, chairman of, House Committee on Power, leading the debate on the general principles of the bill, told the House that the amendment sought was…
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Babatunde Fashola, minister of Works and Housing, has said that Federal Government houses nationwide would be allocated through online applications. Fashola stated this in an interview with Journalists during his inspection of houses under the Federal Government housing project on Thursday, in Bauchi, according to the News Agency of Nigeria. Read also: Nigeria’s housing problem and…
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Juli Plc, marketers of a range of pharmaceutical products to wholesale and retail sectors in Nigeria, reported a slowdown in its half-year loss by 20.48 percent. Juli Plc, marketers of a range of pharmaceutical products to wholesale and retail sectors in Nigeria, reported a slowdown in its half-year loss by 20.48 percent.…
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Nigeria is struggling to swing the current rally in oil prices in its favour due to the inability to attract investments for active exploration and perennial operational issues that have curbed production. If oil prices remain bullish, as they currently are with Brent crude trading above $76 per barrel, the government earns more money and…
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LAPO Microfinance Bank Limited and Stallion Auto Keke Limited have signed a MoU that will enable the introduction, distribution and funding of the purchase of the SAKL Bajaj RE250 tricycle product by Nigerians. LAPO Microfinance Bank Limited and Stallion Auto Keke Limited (SAKL) have signed a Memorandum of Understanding (MoU) that will…
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The past few days have seen the price of major cryptocurrencies suffer declines on the news of an impending bankruptcy by Evergrande, China’s second-largest property developer by sales. Bitcoin, the world’s largest cryptocurrency dropped 9 percent to less than $42,669 on Monday while Ether princess fell nearly 10 percent to a low of $2,940, marking…
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BluDive Technologies Limited (BluDive), an Enterprise IT solutions company, has commenced its paid Graduate Internship Academy, a 6 months intensive mentoring programme designed to train young Nigerian graduates to increase their potential for productivity within the IT ecosystem. At a time when Nigeria’s unemployment rates are on the rise and the IT ecosystem is experiencing…
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Lush Hair, the proudly Nigerian premium hair brand has officially welcomed Oluwadamilola Bolarinde, a contestant at the 2021 Most Beautiful Girl in Nigeria (MBGN) Pageant held in Lagos recently as another brand ambassador into its family. Bolarinde who represented Lagos State was officially crowned Miss. Lush Hair and presented a cash prize of N500,000 after…
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Banks’ borrowings from the Central Bank of Nigeria (CBN) have jumped by more than three folds in the last six years as the lenders’ ability to meet liquidity obligations shrinks. Nigeria’s deposit money banks borrowed N2.3 trillion from the apex bank’s Standing Lending Facility (SLF), a line of short-term credit available for commercial banks, in…
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Tech startups have raised more than $2.5 billion in venture capital funding so far in 2021. Apart from being a record haul, the continent has also seen more startups become unicorns – company with 1 $billion and above – in one calendar year in 2021. While there has been remarkable growth in the number of…
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Streams Networks, a creative agency, has been awarded the fastest growing creative agency in Nigeria at the 2021 Marketing Edge Awards. The company described the award as unprecedented, especially due to the fact that last year was the most uncertain for the creative industry as a result of the global pandemic. Rotimi Bankole, chief executive…
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When the industrial revolution started the owners of businesses provided everything for the workers and the workers just needed to focus on work. This was not the best because they provided the barest minimum but at least the workers knew where to go for whatever they needed and the work was such that when they…
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It is a known fact that the English Language plays an absolutely crucial role in Nigeria. As Nigeria’s official language, it is a medium through which social, political and economic rapport is sustained among the speakers of over five hundred indigenous languages spoken in the country. This importance has prompted many people to describe the…
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One afternoon a long time ago, your colleague Ladi requested you to come to his glittering new hospital in Obalende to see someone whose behaviour was proving a veritable handful.You arrived to find Ladi standing outside the door of his consulting room. He was wearing a perplexed look on his face. He was gone, he…
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I had arrived in Cannes and was in a rather somber mood many years ago. I was attending the Cannes film festival, one of the highlights of any filmmaker or Broadcaster’s year if you look towards international film markets, buying content, or networking with the big media boys and girls. It was a difficult trip.…
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When employees know their leaders are paying attention to their needs and concerns and offer them coaching and mentoring that uplift them, there is a higher chance that they are going to feel wanted. This, in turn, can lead to low workforce turnover over time. Rather than leaving for other places, they form a more…
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The judgment of the Federal High Court (FHC) in the case between Rivers State and Federal Inland Revenue Service (FIRS) has turned many Nigerians into overnight Tax Consultants and turned some known Tax Consultants into daytime experts on Constitutional Law. It is important however that commentators and the general public are reminded, that the main…
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Ogun State Governor, Dapo Abiodun, has restated the commitment of his administration to prioritise welfare of pensioners and regular payment of their pensions despite the dwindling financial situation being witnessed in the state and the country at large. The governor also disclosed that efforts were in top gear to clear the 2011 pension arrears and…
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The Judiciary Staff Union of Nigeria (JUSUN) Ogun State Chapter has called off the strike embarked upon over two months ago. The Judiciary Staff Union of Nigeria (JUSUN) Ogun State Chapter has called off the strike embarked upon over two months ago. Speaking on Thursday after a meeting held at Oke-Mosan, Abeokuta,…
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In terms of being a preferred destination, why does Ghana continue to trump Nigeria? This is the engaging question on my mind this Thursday evening. By all accounts, we happen to be the big one. And yet, Ghana continues to be the top dog in certain respects. Possibly, there is something after all in that…
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Governor of Lagos State, Babajide Sanwo-Olu said on Thursday said that his administration would continue to leverage technology to transform the state’s economy while easing impediments for businesses to flourish. The governor is also hopeful that the smart city ambition of state would be fully realised by 2030. Sanwo-Olu said his administration had begun the…
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The Federal Government has moved to deepen trade relations between Nigeria and the Islamic Republic of Iran. Geoffrey Onyeama, minister of foreign affairs gave the indication on Thursday, during a bilateral meeting with Hossein Amir-Abdollahian, the minister of foreign affairs of Iran, on the sidelines of the ongoing 76th Session of the United Nations General…
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The current shortage of natural gas has big implications for Nigeria and Organisation of Petroleum Exporting Countries (OPEC), who are expecting higher demand for other fuels as gas prices hit a record high this year in Europe and Asia. Analysts have said that higher gas prices spurred by the tightness in the European gas market…
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Nigeria’s cash crunch problem is pushing the government to fast-track plans to tax digital transactions carried out across the country. Essentially, the focus is to increase the national revenue by taxing the close to 300 million electronic transactions the country has recorded so far. Data from the Nigeria Interbank Settlement System (NIBSS) show that electronic…
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Smallholder farmers see better insurance protection on Africa Re, IFC’s intervention – Businessday NG Insurance BDlead,small holder farmers Home Insurance Smallholder farmers see better insurance protection on Africa Re, IFC’s intervention  This post was written by Modestus Anaesoronye and was first…
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Airline Operators of Nigeria (AON) have said that no Nigerian airline has ever offered a bribe to the Nigerian Civil Aviation Authority (NCAA) for the renewal or issuance of an Air Operators’ Certificate (AOC). Speaking during the reception of Air Peace fourth brand new Embraer 195-E2 at the Nnamdi Azikiwe International Airport, Abuja on Thursday,…
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Pal Pensions, a top-tier pension fund administrator in Nigeria on Thursday, launched Fund VI – its sixth investment funds for its Retirement Savings Account (RSA) holders in a bid to diversify its customers’ investment options. Fund VI is part of the multi-fund structure, a framework that aligns the age and risk profile of RSA holders…
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As part of efforts to boost livestock production in the country, the Federal Government has said it will provide incentives to farmers to help reduce the high cost of livestock feed in the country, particularly those in the rural area Muhammad Abubakar, Minister of Agriculture and rural development made this known on Thursday at the…
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Digital payment boosts 81% of women-owned businesses in Nigeria – Visa – Businessday NG News BDlead,Digital Payments Home News Digital payment boosts 81% of women-owned businesses in Nigeria – Visa  This post was written by Okafor Endurance and was first published…
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ASPN, Action Sustainability to hold supply chain sustainability webinar – News bdothernews,webinar Home News ASPN, Action Sustainability to hold supply chain sustainability webinar  This post was written by Josephine Okojie and was first published at businessday.ng

Emmah Gospel Isong, chairman of Cross River State Anti-Tax Agency Emmah Gospel Isong, chairman of Cross River State Anti-Tax Agency on Thursday said that Cross River has reduced the collection of illegal levies and taxes by thirty percent in the last year. The clergyman accused local government chairman and top politicians in…
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Quote: “Please, pray for me. I have reasons to believe that my life is in danger and that some powerful political forces want to silence me forever for speaking the truth.For speaking on behalf of the holy martyrs of thousands of innocent children, women, elderly and youths that have been killed in our beloved country.…
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Eystone Development, a property investment company in Lagos, recently launched its new Estate — Gemstone Estate. The launch, which took place on the 12th of August 2021 at Gemstone Estate, Idado, Ibeju Lekki had realtors, partners, and investors in attendance. Speaking at the product launch, CEO of Eystone Development, Mr. Hassan Ismail said, “We are…
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Nigeria’s stock market on Thursday failed to sustain previous days bearish pattern as investors moved to buy up attractive counters despite pockets of profit-taking on some counters. The market increased by 0.06percent, which helped to moderate the record negative return year-to-date (YtD) to – 3.47percent. Thanks to NAHCO Plc stock price which moved up most,…
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APC chieftain, Lukman asks CBN to stabilise Naira exchange rate – Businessday NG News APC,bdothernews,CBN Home News APC chieftain, Lukman asks CBN to stabilise Naira exchange rate  This post was written by James Kwen and was first published at businessday.ng

The International Fund for Agricultural Development (IFAD) has commended Yahaya Bello, governor of Kogi State for the progress it’s made in its Agricultural Value Chain Development Programme (VCDP-AF) implementation. Mariatu Kamara, IFAD-VCDP country programme officer, gave the commendation when she led a team of delegation on the “9th IFAD mission visit To Kogi State” recently,…
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The United States of America (USA) regulators have authorised a booster dose of Pfizer Inc.’s Covid-19 vaccine for people aged 65 and over. Anthony Fauci, an American physician-scientist and immunologist serving as the director of the National Institute of Allergy and Infectious Diseases and the chief medical advisor to the President said earlier that he…
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African streaming service Showmax is set to bring The Real Housewives Of Lagos, the first Nigerian installment of the international reality format to Nigerian screens. “We’ve seen audiences across Africa devour The Real Housewives of Johannesburg and The Real Housewives of Durban,” said Candice Fangueiro, Showmax’s head of content. “The Real Housewives franchise lends itself…
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Amarakoon Bandara, senior economic adviser to United Nations Development Programme (UNDP), yesterday, explained that the UNDP chose Delta State as the innovation and acceleration hub for the Sustainable Development Goals (SDGs) in the South-South owing to its commitment. According to him, the state has sustained commitment towards the realisation of the SDGs. Bandara, made the…
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AHEM Nigeria seeks safe, conducive work environment for domestic staff News work place Home News AHEM Nigeria seeks safe, conducive work environment for domestic staff  This post was written by Modestus Anaesoronye and was first published at businessday.ng

Muhammadu Buhari, President of Nigeria. President Muhammadu Buhari on Wednesday said his administration will establish ten new National parks across the country as part of measures to tackle and reverse the severe trend of biodiversity loss. The President said this in a video message to the hybrid High-Level event tagged “Transformative Actions…
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Premium lager, Hero, has announced the Igba Boi Tour, a campaign targeted at Igbo apprentices who are in their penultimate year of graduation from the Igba Boi scheme with a N50 million business grant, training, and mentorship. The campaign which was announced to kick off activities in Onitsha on Thursday was attended by Igbo dignitaries…
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Zambia’s president is due to meet officials at the International Monetary Fund and World Bank in Washington, his spokesman said on Wednesday, as the southern African nation tries to secure a lending programme to help it emerge from a debt crisis. President Hakainde Hichilema’s spokesman, Anthony Bwalya, in a statement issued from New York, did…
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Nigeria’s rising external reserves is expected to cross $40 billion following the issuance of a $4 billion Eurobond, which has been oversubscribed by investors. The foreign exchange reserve of Africa’s largest economy has grown by 6.68 percent in the last month to $35.37 billion as of September 20, 2021, from $33.49 billion recorded on August…
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The U.S. Defense Institute of International Legal Studies (DIILS) has held a seminar for top Nigerian Air Force commanders. The training is part of the terms in the sale of the A-29 Super Tucano aircraft to Nigeria. A statement from the U.S. Embassy said the seminar which was held from September 13 through September 17,…
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The Ogun State Internal Revenue Service (OGIRS) has trained tax officers ahead of the switch to digital revenue collection services. The digital switch is aimed at improving revenue generation and plug financial leakages in the system. Speaking at the training in Abeokuta, Biodun Adeleye, the special adviser to the governor on revenue, said it was…
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The new coronavirus bringing misery and death is unlikely to mutate into a variant that can evade vaccines because there “aren’t very many places for the virus to go”, the creator of the Oxford jab has said. Dame Sarah Gilbert, speaking yesterday in a Royal Society of Medicine webinar, played down fears of a more…
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Guaranty Trust HoldCo (GTCO) recently released its audited financial results for the half-year (H1) period ended June 30, 2021. The results at the Nigerian Exchange Limited (NGX) and London Stock Exchange show a decent performance across key financial metrics against the challenging business environment. The performance reaffirms GTBank’s ability to cope effectively in depressed times,…
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South Africa’s Banyana Banyana defeated Nigeria’s Super Falcons in the final match of the maiden edition of Aisha Buhari Invitational Tournament also known as Aisha Buhari Cup at the Mobolaji Johnson Arena, Lagos on Tuesday. The incidences of penalties and own goal should take nothing away from the efficiency of the Banyana, beaten to the…
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Imagine you just arrived at the bank and you see a long queue spilling outside its doors. To make matters worse, the sun is in full military mode, shining mercilessly. All you wanted to do was dash in, make a withdrawal, get some bills sorted and move, but, with the current situation, the idea seems…
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Muhammadu Buhari, president of the Federal Republic of Nigeria has been reported to have told Maxima Zorreguieta, Queen of the Netherlands, on Wednesday that Nigeria’s 16-month land border closure has benefitted Africa’s biggest economy. The federal government had, in August 2019, shut the country’s land borders over the illegal import of drugs, arms, and agricultural…
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Nigeria’s Super Falconets will on Saturday commence another race to qualify for the FIFA U20 Women’s World Cup in Costa Rica when they square up against counterparts from the Central African Republic in the city of Douala, Cameroon. CAF, Africa’s football governing body, has not approved any stadia facility in Central African Republic as being…
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