A major macroeconomic concern to stakeholders in the Nigerian economy is the surging inflation. Headline inflation accelerated to 21.09% in as against 20.77 in September. However, on a month-on-month assessment, there was a decline of 0.11% in the headline inflation. It declined from 1.36% in September to 1.24% in October. Food inflation maintained its upward
CPPE COMMENTS ON OCTOBER INFLATION Read More »
Businesses will face a historically broad and deep set of risks in 2023, posing interconnected and existential threats across geographies and sectors, says specialist risk consultancy, Control Risks (www.ControlRisks.com). Launching its annual RiskMap forecast featuring the Top Risks for business, Control Risks pointed to a combination of fractious geopolitics, armed conflict, disrupted energy systems, economic
Control Risks launches the Top Risks for Business in 2023 Read More »
By Eyo Nsima The African Development Bank (www.AfDB.org) has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and medium-sized and women-empowered enterprises. FCMB will use the line of credit to expand lending activities that will boost the country’s post-pandemic economic
Download html Many users seek cracked versions of FL Studio 21 for Mac, hoping to access the software without paying for a full license. While this may seem like an appealing option, it comes with significant risks and legal issues. Cracked software not only violates copyright laws but can also lead to security vulnerabilities and
“Understanding the Risks and Consequences of Using Crack FL 21 on Mac” Read More »
By Eyo Nsima Federal Inland Revenue Services, FIRS, has urged African governments to provide adequate value, capable of enhancing revenue collection in Africa. FIRS Executive Chairman, Mr Muhammad Nami, who made the call while speaking at the 7th General Assembly of the African Tax Administration Forum in Lagos, Tuesday, said that ensuring value for taxpayers
The Central Bank of Nigeria (CBN) has announced plans to redesign, produce and circulate new local legal tender. The Naira has not been redesigned in the last 20 years. CBN sought and obtained the approval of President Muhammadu Buhari to redesign, produce, and circulate new series of N100, N200, N500, and N1,000 banknotes. This is
LCCI Statement on CBN Policy on Naira Notes Read More »
All On,through its venture-building platform the All On Hub, in partnership with the Nigeria Climate Innovation Centre (NCIC) is pleased to announce the winners of the 2022 edition of the annual incubation program for early-stage renewable energy entrepreneurs.They are: Retile, Let It Cold, Energy Assured, Nutrideen Agriculture Concepts, Danwawo Group, Swift Tranzact, SolarisGreentech Hub and
By Eyo Nsima The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report. In U.S. dollar terms, the prices of most commodities
Currency Depreciations Risk Intensifying Global Food, Energy Crisis Read More »
“We need to move from billions to trillions, and integrate net-zero commitments with this mission” The African Private Equity and Venture Capital Association’s (AVCA) inaugural Sustainable Investing in Africa Summit opened in London yesterday, convening over 150 key private equity and venture capital stakeholders from around the globe. The event championed the industry’s growth and
AVCA hosts inaugural Sustainable Investing in Africa Summit in London Read More »
The Chief Operating Officer (COO) of MicCom Cables and Wires Limited, Bukola Adubi, earlier in October paid a visit to the Dubai labaoratory of British Approvals Service for Cables (BASEC), a global leader in product testing and certification services for power, energy, data/signal cables and ancillary products whose head office is in the UK.
MicCom COO visits foremost world class cable testing company in Dubai Read More »