Business
Aviation workers flay minister for ‘poor handling’ of sector, failed promises
Aviation workers, yesterday, flayed their Minister, Hadi Sirika, for alleged poor handling of the sector and failure to deliver on the promises made since inception of office about six years
CBN, experts advocate collaboration on micro-insurance
The Central Bank of Nigeria (CBN) and financial sector experts have called for stronger collaboration among microfinance banks (MFBs) to promote the growth of micro-insurance as a tool for deepening
States urged to establish independent power stations to address outage
An expert in the power sector has applauded the move by Lagos State Government to create its independent electricity policy, urging other states to adopt the initiative. The post States
Fidelity to redesign operations, optimise cost
Fidelity Bank Plc has assured shareholders that the bank would focus on redesigning its systems and processes, deepen cost optimisation and enhance the overall risk monitoring framework to improve shareholders’
NEPZA mulls ‘export accelerator programme’ for SMEs
The Nigeria Export Processing Zones Authority (NEPZA) has canvassed for the adoption of an “export business accelerator programme” to speedily integrate the country’s small and medium enterprises… The post NEPZA
Expert harps on investment, diversification to boost Africa’s economy
Worried by China’s domination of African economy, Chief Executive Officer, New Horizons Nigeria, Tim Akano, has called on African leaders to prioritise agricultural investment and economic diversification. The post Expert
Nigeria received $8.4b investment announcement inflows in Q1
Nigeria received about $8.4b investment announcement inflows in quarter one (Q1) 2021, Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) Yewande Sadoku has said. The post Nigeria received $8.4b
New digital currency trading app unveiled
A new mobile app that allows instant exchange of cryptocurrencies using the naira and other fiats has been unveiled Tradefada Nigeria Limited, a fintech firm. The post New digital currency
United Capital records N3.12bn revenue in Q1
United Capital Plc has announced a 63 percent growth in gross earnings to N3.12 billion in the first quarter (Q1) ended March 31, 2021, compared to N1.92 billion in Q1
Forex scarcity, repatriation uncertainties depress investments in Q1 — Analysts
By Nkiruka Nnorom ECONOMY Investment analysts have blamed foreign exchange (forex) scarcity and concerns around the possibility of ease of repatriating funds out of the country as cause of the dwindling
