The Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Hajiya Saratu Umar, has reiterated the federal government’s effort to partner with the Japanese government to explore areas of business partnerships to deepen the investment drive of both countries. Saratu stated this yesterday when the Japanese Ambassador to Nigeria, Matsunnaga Kazuyoshi, paid a courtesy visit…
Vice President Yemi Osinbajo Tuesday launched a $600 million programme for young Nigerians in the technology and creative sectors with a call on African governments and the private sector to do more to support the growth of innovation in the continent. The Vice President spoke at the presidential launch of the Investment in Digital and…
Nigerian government is committed to implementing the African Continental Free Trade Area (AfCFTA) Agreement despite the economic headwinds facing the country. The Minister of State for Industry, Trade and Investment, Amb. Maryam Yalwaji Katagum, who made the disclosure on Monday said the government is providing necessary support for the implementation AfCFTA). Katagum, during a meeting…
An increase in failed payment transactions in February caused a 4.83 per cent decrease in the value of cashless transactions to N37.67tn from the N39.58tn that was recorded in January 2023. This came as the usage of e-payment gateways recorded a 41.29 per cent month-on-month increase according to new data from Nigeria Inter-Bank Settlement System….
The board of Dangote Sugar refinery plc has appointed Yabawa Lawan Wabi, as an Independent Non-Executive Director. According to a corporate notice signed by the Company Secretary, Temitope Hassan, the appointment was approved by the board at its meeting held on February 28, 2023. Mrs. Wabi has experience in the public sector having served as…
By Abiodun Komolafe In the choice of a fitting title for this piece, the late Professor Tai Solarin, one of Nigeria’s foremost educators and social activists, readily came to mind. May the labour of our heroes’ past not be in vain! That said, the title of the write-up suggests an overview of an anticipated journey…
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WTI crude futures fell 2% to around $73 per barrel on Tuesday, closing in on the lowest level since December 12 and extending a 2.5% loss in the previous session as the collapse of Silicon Valley Bank raised concerns about a broader financial and economic crisis, triggering a selloff in risk assets. Investors also geared…
The Metropolitan Law Firm has launched an endowment fund under the Islamic Banking guidelines to cater to the education of indigent Nigerians for basic to tertiary institutions. The fund, called Waqf, is an instrument of Islamic Estate Planning largely designed for charitable and philanthropic activities to solve social problems. Managing Partner, The Metropolitan Firm, Ummahani…
The New Nigeria People’s Party (NNPP) gubernatorial candidate for 2023 election in Kano, Engr. Abba Kabir Yusuf, has sympathized with the traders in Singer Market, over recent fire outbreak that claimed goods and shops worth millions of Naira. Engr. Abba, in a statement signed on Tuesday by the Chief Spokesperson of the NNPP Campaign Council,…
