By Eyo Nsima The Lagos Chamber of Commerce and Industry, LCCI, said the recent hike in the Monetary Policy Rate (MPR) by the Monetary Policy Committee of the Central Bank of Nigeria (CBN) from 11.5% to 13% was well expected by the Chamber following recent fundamentals in the economy. In a statement obtained by The […]
NIGERIA’s CBN: We expected the increase of Monetary Policy Rate to 13% — LCCI Read More »
The outcome of the MPC meeting of 24th May 2022 was not unexpected having regard to the intense inflationary pressures, the increasing risks to price stability and the policy tightening trend by Central Banks globally. The primary mandate of the CBN is price stability. Numerous headwinds had posed significant risks to this critical CBN objective.
COMMENTS ON THE MAY 2022 MPC COMMUNIQUE Read More »
The Chief Operating Officer of Miccom Cables, Olubukola Adubi has lauded the Standards Organisation of Nigeria (SON) and the Lagos State Consumer Protection Agency (LASCOPA) over their recently announced collaboration to stamp out counterfeiting and peddling of substandard products from the market. She said this whilst speaking at a courtesy visit of Miccom to SON
Miccom chief commends SON-LASCOPA collaboration, warns counterfeiters Read More »
17 Early-stage Businesses start 2022 NCIC/All On Ideation Incubation Program By Eyo Nsima Nigeria Climate Innovation Centre (NCIC) with support from All On, is pleased to announce the 2022 edition of their annual ideation incubation program for early-stage renewable energy entrepreneurs. Bankole Oloruntoba, Chief Executive Officer of NCIC, while addressing the 2022 cohort during
17 Early-stage Businesses start 2022 NCIC/All On Ideation Incubation Program Read More »
By Ikenna Omeje The Chief Operating Officer of MicCom Cables, Mrs Bukola Adubi, has led a delegation of cable manufacturers, under the auspices of the Cable Manufacturers Association of Nigeria (CAMAN), to the Standards Organisation of Nigeria (SON), to dialogue with the agency on issues affecting cable manufacturers in Nigeria. At the dialogue which held
CAMAN President leads delegation of Cable Manufacturers to SON Read More »
By Eyo Nsima Sahara Foundation, the corporate citizenship vehicle of energy and infrastructure conglomerate, Sahara Group, has launched the 2nd Cohort of the Sahara Impact Fund (SIF) and the Governance Unusual Program to support social innovators creating solutions that increase access to clean energy and promote sustainable environments. The project reinforces Sahara Group’s commitment to
SUSTAINABILITY: Sahara Foundation promotes clean energy with Sahara Impact Fund Read More »
Civic space in West Africa is under threat! It is not only a cause of but also the result of democratic retrogression in the region. The 2020 CIVICUS Monitor report shows that the civic space environment continues to worsen across the region. With the exception of Cape Verde, the civic space in most West African
LAUNCH OF THE WEST AFRICA CIVIL SOCIETY RESOURCE HUB – (CSR-Hub) Read More »
The head of the African Development Bank (www.AfDB.org), Dr. Akinwumi Adesina, met with Nigerian President Muhammadu Buhari in Abuja on Tuesday to discuss the impact of the Russia-Ukraine war and the Bank’s strategy to avoid a food crisis in Africa. Adesina informed President Buhari that the African Development Bank has designed a $1.5 billion Africa
Nigeria top priority under African Development Bank Africa Emergency Food Plan Read More »
The African Private Equity and Venture Capital Association (AVCA) announced the release of its 2021 Annual African Private Capital Activity report. The anticipated annual report is a concerted effort to provide deep insight into private capital fundraising, investments and exits in Africa throughout 2021, data and analysis across investment strategies covering venture capital, private equity,
The 2022 Fiscal Policy measures approved for implementation effective from 1st April 2022 has three major sections. The first is the Supplementary Protection Measures [SPM] for the implementation of the ECOWAS Common External Tariff (2022-2026). The second relates to excise duties on non-alcoholic beverages, cigarettes and tobacco products and telecommunications services. The third is on
2022 FISCAL POLICY MEASURES: UPSIDES AND DOWNSIDES Read More »
