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BUSINESS & ECONOMY

By BASIL ODILIM* In February 2014 I wrote a memo to the Senate. In that memo I insisted that Senators should postpone screening Emefiele. My argument was that because the 2007 CBN Act gave Governor Sanusi a lot of dictatorial powers, it...
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...
BY PHIL OSAHON Heifer International’s sponsored agritech storage solution, ColdHubs, was Monday formally introduced into the Lagos market with the launch of the facility for smallholder farmers and sellers of perishable farm produce at the ABAT CBD Market in...
After enduring more than a year of intense pressure, the Central of Bank of Nigeria has officially devalued the naira with effect from June 20. The naira's value will now be determined by market forces, CBN governor Godwin Emefiele said...
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,...
... Connects multiple stores in one mall   . A multi-store online shopping mall, Jeecity.com, which hopes to serve unlimited number of stores across various towns, cities and countries of the world, has taken off from Port Harcourt, the Rivers State...
Nigeria’s commercial banks will not abandon round-tripping in a hurry. Some have seized or diverted part of the over $1.3billion which the Central Bank of Nigeria (CBN) has been splashing on the banks, in the past five weeks, to...
Bad news for tax evaders: A new head of tax collectors is in town – a man who, just a week ago, was the coordinating director, Standards and Compliance Group of the Federal Inland Revenue Service (FIRS). Mr Samuel Akin...
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022 CAPE TOWN, South...
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...