Business

African Development Bank (http://www.AfDB.org) Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. Speaking at the Second Annual Meeting of the Africa Sovereign Investors Forum (ASIF) in Kigali last […]

Omoniyi Ibietan’s book on Cyber Politics for public presentation 25 July   A book by the Head of Media Relations at the Nigerian Communications Commission (NCC), Dr Omoniyi Ibietan, will be formally presented to the public on 25 July 2023, publishers of the book have said.   Premium Times Books said in a statement on

Appoint chartered accounts into your cabinet —ICAN By Eyo Nsima The Institute of Chartered Accountants of Nigeria (ICAN) has urged President Bola Tinubu to appoint its members to occupy cabinet positions in the administration. In a statement obtained by The Daily, http://www.thedaily-ng.com, the President of ICAN, Innocent Okwuosa, stated: “The Institute of Chartered Accountants of Nigeria (ICAN) identifies

DANGOTE GRANITE MINES OFFERS SCHOLARSHIPS TO HOST COMMUNITIES STUDENTS …Promises automatic employment for exemplary ones   It was an atmosphere of excitement at the weekend as Dangote Granite Mines, Ijebu Igbo, a subsidiary of Dangote Group, awarded multi-million Naira scholarships to 60 host communities’ students in various schools in the country as part of its

According to the 2023 Tax Transparency in Africa (https://apo-opa.info/3D4ydri) progress report unveiled at the 13th Meeting of the Africa Initiative in Cape Town today, African countries have realised additional revenues totalling €1.69 billion thanks to voluntary disclosures, the implementation of information exchange mechanisms, and rigorous offshore investigations. Download document (1): https://apo-opa.info/44Axz0s Download document (2): https://apo-opa.info/3PINYM3

The African Development Bank (www.AfDB.org) and other multilateral development institutions have released a set of principles to ensure climate financing aligns with the goals of the Paris Agreement (https://apo-opa.info/44g4ebC). The MDBs are collaborating to help accelerate the successful transition to a low-carbon and climate-resilient future by supporting appropriate long-term development pathways in line with the

Metering: Indigenous manufacturers petition FG, caution against TCN’s World Bank-funded bid leading to sack of 40,000 workers, others . Say TCN, NERC, CBN, others should continue 4m meters bid By Eyo Nsima The Association of Meter Manufacturers of Nigeria, AMMON, has petitioned the federal government over the ongoing Transmission Company of Nigeria, TCN’s World Bank-funded

Telecoms Investment in Nigeria now $75.6bn, Danbatta declares   ·      As sector added N10.126 trillion to GDP in 2022   The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has

The Nigerian economy was impacted by diverse global and domestic variables in the first half of the year. Major global factors were the Russian Ukraine war which continues to exacerbate energy costs and fueling inflation globally; the persistent monetary tightening in the advanced economies aimed at curbing a rather protracted inflationary pressure; and the worsening