Archives for June 16, 2023
Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea Sign MoUs on Nigeria-Morocco Gas Pipeline
By Ngozi Onyeakusi---Today, another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related to the…
Danbatta Woos Investors at GITEX Africa on Nigeria’s Broadband Future
NCC logo The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has invited international telecom companies and potential investors to take advantage of the opportunities presented…
Exchange: Unification will boost govt’s revenue by N4trn – CPPEÂ
 The Centre for the Promotion of Private Enterprise (CPPE) has lauded the bold step taken by President Bola Tinubu administration towards the unification of the naira exchange rate, saying it will…
Manufacturers paid N62bn tax in Q1 – NBS
MAN logo The Company Income Tax that manufacturers paid rose by 29 per cent to N62bn in the first quarter of 2023Â from N44bn in the same period last year, according…
Nigeria’s Debt Profile to Hit N81 Trillion Following FX Rates UnificationÂ
Debt illustration Nigeria’s debt profile has jacked up to N81 trillion following the latest Naira devaluation by the Central Bank of Nigeria (CBN). Daily Trust reports that the CBN…
Nigeria’s Inflation Rises To 22.41% In May
 By Ngozi Onyeakusi---Nigeria’s inflation rate, rose to per cent in May 2023 against April figure  of per cent said report from National Bureau of Statistics (NBS). May 2023 inflation rate…
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING
Adesola-Adeduntan-MD_CEO FirstBank- Â In December 2015, the share price of First Bank of Nigeria Limited was trading around band. About seven years later, precisely last December, the value held tightly…
BUSINESS COOPERATION WITH RUSSIA, UPCOMING RUSSIA-AFRICA FORUM DISCUSSED IN ALGERIA
On June 6, 2023 the conference on bilateral business cooperation between Moscow and Algeria "Geopolitical transformation: challenges and opportunities for business" was held in the capital of the Algerian…
SUNU Assurances Settles N1.47bn claims, Delights Shareholders With 3kobo dividend
From Left: Executive Director, SUNU Assurances Plc, Mr. Adeleke Hassan; Independent Non-Executive Director, Mrs. Olajumoke Bakare; Managing Director/CEO, Mr. Samuel Ogbodu; Chairman, Mr. Kyari Bukar; Company Secretary, Taiwo Kuku; Independent…