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UNIDO advises Nigeria to industrialise economy

The United Nation Industrial Development Organisation (UNIDO) says Nigeria may not continue to be the leading Africa economy except it is industrialised. Mr Jean Bakole, the UNIDO Representative to ECOWAS and Regional Director, Nigeria Regional...

NSE Market Indices: Fidelity Bank, Sterling Bank, Total, 19 others shortlisted for inclusion

AHEAD of the reclassification of the market indices scheduled for next week, about 22 companies have been tipped by the Nigerian Stock Exchange, NSE, to be included in the six sectoral indices and NSE...

PenCom set for government workers enrolment next Monday

The National Pension Commission (PenCom) has revealed plans to embark on a nationwide pre-retirement enrolment exercise for retiring employees of the Federal Government’s Ministries, Departments and Agencies (MDAs), for the purpose of paying retirement...

Nigeria set to surpass Ghana in annual yam export ―Minister

The Federal Government says it is strategizing to surpass Ghana in the export of yam to Europe and other continents. Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said this when he received...

CBN commends Obiano on security, salaries

The Central Bank of Nigeria has commended Governor Willie Obiano of Anambra State over his security initiative and prompt payment of workers’ salaries. The acting Director, Corporate Communications, CBN, Isaac Okoroafor, gave the commendation at...

Nigeria, Ghana to intensify bilateral cooperation – Presidency

Nigeria and Ghana have agreed to intensify bilateral cooperation for the benefit and development of both countries and that of the West African sub-region. Mr Laolu Akande, the Senior Special Assistant to the President on...

CBN sustains financial inclusion engagements in Lagos

The Central Bank of Nigeria (CBN), at the weekend, engaged entrepreneurs and residents in Lagos on its various intervention programmes meant to stimulate the economy and boost people’s living standards. With the theme: “Promoting financial...

Afreximbank raises $750m in euro note for Nigeria, other borrowers

The African Export-Import Bank (Afreximbank) said it has successfully raised $750 million note under its Euro Medium Term Note programme, in a move to boost lending to African borrowers who would enjoy the positive...

‘NB sources 99% packaging materials locally for sustainable development’

As part of efforts for sustainable development in the manufacturing sector, the Nigerian Breweries (NB) Plc, says it sources 99 per cent of its packaging materials locally. Mr Patrick Olowookere, the Corporate Communications and Brand...

CBN steps in to secure over 4,000 jobs in embattled Etisalat

The Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC) have declared their decision to intervene in the Etisalat Nigeria debt crisis in order to prevent job losses and asset stripping. The move...

CBN engages Ogun farmers, SMEs on financial interventions

The Abeokuta Branch Controller of CBN, Babatunde Amao, called on the farmers and SME operators to make constructive criticisms and suggestions that could serve as useful contributions towards pulling the country out of recession. Financial...

Red Star Express shares business insights at ‘SME1000’ forum

Mr Sola Obabori, group managing director of RedStar, elucidated on the reason behind the project. “Red Star chose to embark on this SME 1000 project in order to promote and create a platform to...

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