Monday, July 4, 2022
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BUSINESS & ECONOMY

President Muhammadu Buhari on Wednesday inaugurated the board of the Nigeria Sovereign Investment Authority (NSIA) during the Federal Executive Council meeting at the State House in Abuja. The president charged the board to make more investments that support economic diversification,...
By OSITA NWANISOBI The attention of the Central Bank of Nigeria (CBN) has been drawn to various comments and reactions following our recent reminder to Deposit Money Banks (DMBs) to desist from transacting in / and with entities dealing in...
FCMB Asset Management Ltd (FCMBAM), the asset management arm of FCMB Group Plc, has been assigned an Investment Manager rating of BBB+(IM) by Agusto & Co., a foremost pan-African rating agency. FCMB Group Plc is one of Nigeria’s...
A foreword to Jobseeker to Entrepreneur: How Career-focused Education Can Multiply Businesses and Inspire Leaders written by Aniebo Nwamu By SULEIMAN YAHYAH* When my friend for 15 years, Aniebo Nwamu, informed me of his upcoming book on entrepreneurship and requested that...
Nigeria’s latest e-commerce platform, Dealboku, has opened for business this Thursday, July 9, 2020. Promoted by Sundiata Post Media Limited, publishers of Sundiata Post, a fast-growing multimedia news platform, Dealboku delivers services in two forms: clients get a product...
*Completion of second Niger bridge, Lagos—Ibadan expressway, Abuja—Zaria—Kaduna—Kano road likely in 2022 The IMF projects that low oil prices and the impact of covid-19 will plunge the Nigerian economy into its worst recession in 30 years, but the Nigeria Sovereign...
An Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties was inaugurated Tuesday in Abuja. A government desperate for funds in the face of covid-19 and dwindling revenues from oil, and which now hopes to make taxes...
By ANIEBO NWAMU Even as farming is just starting in most parts of the north, my farms in the southeast have since received sufficient doses of the “medicine” necessary for bountiful harvests. At just N5, 000 per 50kg bag, fertiliser...
By ANIEBO NWAMU The impact of covid-19 on international shipping has been harsh. And it is not likely to go away in the next two years, just as the dreaded pandemic won’t. In the face of dwindling revenues from oil,...
The Nigerian Shippers’ Council (NSC) has directed shipping companies to suspend demurrage charges with effect from March 30, 2020. A release issued by the management of the NSC and signed by its deputy director, public relations, Mrs Rakiya Zubairu, says suspension...