Ad
The Minister of Finance, Mrs Zainab Ahmed, has appeared before the House of Representatives Committee on Finance to give an overview of 2021 fiscal outcome. She also gave an update on the 2021 budget implementation. The minister gave the update during the 2022 the 2024 Medium-Term Expenditure Framework/Fiscal Strategy Paper(MTEF/FSP) Committee interactive session on Monday…
August 17, 2021
Mr Emmanuel Akinwunmi, the Principal Private Sector Specialist, African Development Bank (AfDB) says industrialisation process in Africa is hampered by lack of infrastructure and competitiveness. Akinwunmi made this observation at inauguration of the Local <span;>Organising Committee (LOC) on the Nigeria Industrialisation Summit, on Friday, in Abuja. The summit is being organised by Madewell Garment Ltd.,…
August 14, 2021
The Lagos House of Assembly says it only approved Gov. Babajide Sanwo-Olu’s request to convert the $53.9 million Lagos Concession Company (LCC) private loan to a public sector loan. The Chairman House Committee on Finance, Mr Rotimi Olowo (Shomolu Constituency 1), made the clarification in Lagos on Thursday. The News Agency of Nigeria (NAN) reports…
August 12, 2021
The Federal Government of Nigeria has announced that the ban on operations on micro blogging platform, Twitter, will be lifted “in a matter of days”. This was made known by the Minister of Information and Culture, Alhaji Lai Mohammed after the week’s virtual Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo…
August 11, 2021
The Deputy Consul-General of Germany in Lagos, Mr. Alexander Ernst, has commended Rite Foods Limited for its efforts in preserving the Lagos' natural environment. Rites Fooods has been involved in the cleaning of the Lagos beaches where polyethylene terephthalate (PET) bottles and other plastics are cleared for a healthy environment and recycling purposes, eliciting commendation…
August 10, 2021
Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium Enterprises(MSMEs), especially technology-based ones with 500 million dollars in Nigeria. Osinbajo disclosed this on Sunday at the 33rd Inaugural Lecture of Babcock University, Ilishan Remo, Ogun. The institution’s 33rd Inaugural Lecture was delivered by Oluseyi Oduyoye, Professor…
August 9, 2021
$11.17bn For Coastal Rail Projects The Federal Executive Council (FEC), on Wednesday has approved the sum of $1.4 billion for the rehabilitation of Warri and Kaduna refineries. The FEC also approved the sum of $11.17bn for rail projects that will link the coastal cities across the country by rail. These projects were approved during the FEC meeting…
August 4, 2021
Director-General, Small and Medium Enterprises Development Agency (SMEDAN), Dr Dikko Umaru-Radda, on Tuesday said the sub-sector had provided over 41 million businesses and 59 million employment opportunities in Nigeria. Umaru-Radda said this at the opening ceremony of 2021 Micro, Small and Medium Enterprises (MSMEs) Opportunity Fair in Kano, with the theme”MSMEs: Key to an Inclusive…
August 4, 2021
Naira Slides... Financial experts in the country have been reacting to the Central Bank of Nigeria (CBN) decision, banning the sales of forex to Bureau De Change (BDCs) operators and instead released a total of $200 million to all commercial banks operating in the country. The CBN's release is part of the effort to mitigate…
July 28, 2021
Advert
Ad
The Minister of Finance, Mrs Zainab Ahmed, has appeared before the House of Representatives Committee on Finance to give an overview of 2021 fiscal outcome. She also gave an update on the 2021 budget implementation. The minister gave the update during the 2022 the 2024 Medium-Term Expenditure Framework/Fiscal Strategy Paper(MTEF/FSP) Committee interactive session on Monday…
August 17, 2021
Mr Emmanuel Akinwunmi, the Principal Private Sector Specialist, African Development Bank (AfDB) says industrialisation process in Africa is hampered by lack of infrastructure and competitiveness. Akinwunmi made this observation at inauguration of the Local <span;>Organising Committee (LOC) on the Nigeria Industrialisation Summit, on Friday, in Abuja. The summit is being organised by Madewell Garment Ltd.,…
August 14, 2021
The Lagos House of Assembly says it only approved Gov. Babajide Sanwo-Olu’s request to convert the $53.9 million Lagos Concession Company (LCC) private loan to a public sector loan. The Chairman House Committee on Finance, Mr Rotimi Olowo (Shomolu Constituency 1), made the clarification in Lagos on Thursday. The News Agency of Nigeria (NAN) reports…
August 12, 2021
The Federal Government of Nigeria has announced that the ban on operations on micro blogging platform, Twitter, will be lifted “in a matter of days”. This was made known by the Minister of Information and Culture, Alhaji Lai Mohammed after the week’s virtual Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo…
August 11, 2021
The Deputy Consul-General of Germany in Lagos, Mr. Alexander Ernst, has commended Rite Foods Limited for its efforts in preserving the Lagos' natural environment. Rites Fooods has been involved in the cleaning of the Lagos beaches where polyethylene terephthalate (PET) bottles and other plastics are cleared for a healthy environment and recycling purposes, eliciting commendation…
August 10, 2021
Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium Enterprises(MSMEs), especially technology-based ones with 500 million dollars in Nigeria. Osinbajo disclosed this on Sunday at the 33rd Inaugural Lecture of Babcock University, Ilishan Remo, Ogun. The institution’s 33rd Inaugural Lecture was delivered by Oluseyi Oduyoye, Professor…
August 9, 2021
$11.17bn For Coastal Rail Projects The Federal Executive Council (FEC), on Wednesday has approved the sum of $1.4 billion for the rehabilitation of Warri and Kaduna refineries. The FEC also approved the sum of $11.17bn for rail projects that will link the coastal cities across the country by rail. These projects were approved during the FEC meeting…
August 4, 2021
Director-General, Small and Medium Enterprises Development Agency (SMEDAN), Dr Dikko Umaru-Radda, on Tuesday said the sub-sector had provided over 41 million businesses and 59 million employment opportunities in Nigeria. Umaru-Radda said this at the opening ceremony of 2021 Micro, Small and Medium Enterprises (MSMEs) Opportunity Fair in Kano, with the theme”MSMEs: Key to an Inclusive…
August 4, 2021
Naira Slides... Financial experts in the country have been reacting to the Central Bank of Nigeria (CBN) decision, banning the sales of forex to Bureau De Change (BDCs) operators and instead released a total of $200 million to all commercial banks operating in the country. The CBN's release is part of the effort to mitigate…
July 28, 2021
