Business

The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guidelines that will oblige the oil and gas industry to patronize the local insurance sector, thereby retaining spending on the economy. The guidelines will also address loopholes that have been identified while implementing the provisions of the […]

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

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.

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

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

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

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

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