The Chief Executive Officer of the Centre for Promotion of Private Enterprises (CPPE), Dr. Muda Yusuf, has charged the Central Bank of Nigeria (CBN) to put measures in place to check high market volatility that has trailed official foreign exchange (FX) trading since June 14, when the current model was adopted. The caution comes as […]
Continue Reading
Access Bank, Africa’s leading financial institution, has declared open applications to the next cohort of its tech-driven scholarship programme, Advance Africa. Launched in 2022 in partnership with Udacity to provide in-demand digital skills to young, vibrant African youth working to transform Africa’s economy through digital reform, Advance Africa has trained over 10,000 people through its […]
Continue Reading
• GDP growth slows to 2.3 percent in first quarter • Growth claim not real, economists push back • Manufacturing not affected by interest rate hike, Ife claims • Global shocks weigh heavily on African economies, report insists Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower […]
Continue Reading
Amid efforts to boost dairy production in the country, the Federal Executive Council (FEC) has approved the National Dairy Policy to guide the operations of this agriculture sub-sector’s value chain. The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar, disclosed this yesterday, at a media briefing to commemorate the 2023 World Milk Day. Abubakar […]
Continue Reading
Day in and day out, Africa has suffered from power outages and shortages that have seriously affected the work and lives of residents. They can barely do anything once it gets dark, so energy storage products and solar home systems are urgently needed to help them out of this situation. BLUETTI, a market leader in […]
Continue Reading
The Cocoa Farmers Association of Nigeria, CFAN, has expressed its willingness to work with the incoming administration of Bola Tinubu to improve the cocoa industry in the country. It said cocoa farmers expected a lot from the administration of Tinubu but said it would work with the administration to bring about regulations for the cocoa […]
Continue Reading
• Convertible, inter-company loans on increase • Six firms raise N364b from capital market in five years • High cost of borrowing weighing on real sector, operators warn • Stockbrokers task incoming administration on cost of borrowing, inflation • SMEs in limbo, pay as much as 32% on commercial loans Rising interest rates, devaluation, and […]
Continue Reading
Osita Iheme( second from right) was unveiled as TAJBank brand ambassador. Photo: Tribune TAJBank Limited, a Nigerian non-interest bank, has announced Osita Iheme (Pawpaw) and Saratu Daso as brand ambassadors in furtherance of its marketing strategies to popularise its techno-powered innovative products and services in the grassroots and deepen financial inclusion. Speaking during the occasion […]
Continue Reading
• Fault tax increase, claim all sectors bleeding seriously The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Centre for the Promotion of Private Enterprise (CPPE) have lamented the deplorable state of the economy, stressing that virtually all the sectors are seriously struggling to remain afloat. President of the Nigerian […]
Continue Reading
•Firms relocating to neighboring countries, operators warn •Investors urge govt to improve business environment Lingering inflation, parlous infrastructure and harsh operating environment have continued to assail the performance of the conglomerates industry, causing the listed firms under the sector to lose over 80 per cent in share price. An eight year assessment of stocks under […]
Continue Reading
