Category: Economy

Coscharis Unveils New BMW X7
September 29, 2019 No Responses

Coscharis Unveils New BMW X7

By Moses Ebosele, ebosele@hotmail.com It was double celebration for the Coscharis Group family on Saturday as the new BMW X7 and BMW 7 series were officially unveiled in Nigeria.The colourful ceremony held at the 2019 Banana Island Festival had in attendance...
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Lawan Seeks Legislation For Budget Cycle
September 28, 2019 No Responses

Lawan Seeks Legislation For Budget Cycle

President of the Senate, Ahmad Lawan, has underscored the need to have a budget reform that will include a law on timeliness in budget passing.“We can reform our budget cycle if there is a law on timeliness for budget passing,”...
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WFE, Sustainable Stock Exchanges Seal Partnership
September 28, 2019 No Responses

WFE, Sustainable Stock Exchanges Seal Partnership

The World Federation of Exchanges (WFE) and the United Nations Sustainable Stock Exchanges (SSE) initiative have formalised their deepening partnership, with the two organisations agreeing to work together on building capacity and technical assistance to stake...
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Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012
September 27, 2019 No Responses

Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012

President Muhammadu Buhari has disclosed that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012.Quoting from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by ...
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2020: Obiano Presents N137.1b Budget Proposal
September 27, 2019 No Responses

2020: Obiano Presents N137.1b Budget Proposal

Governor Willie Obiano of Anambra State on Thursday presented a budget proposal of N137.1 billion for 2020 to the State House of Assembly for approval.Mr Obiano, who tagged the budget “Accelerating Infrastructural Development and Youth Entrepreneurship’’...
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Customs Boss Explains Nigeria’s Partial Border Closure
September 27, 2019 No Responses

Customs Boss Explains Nigeria’s Partial Border Closure

The Comptroller-General of Nigeria Customs Service (NCS), Hameed Ali, has explained that the closure of Nigeria’s borders was undertaken to strengthen the nation’s security and protect its economic interests.Speaking during a meeting with border stakeholde...
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Senate Refers MTEF, FSP To Finance Committee
September 27, 2019 No Responses

Senate Refers MTEF, FSP To Finance Committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.The committee chaired by Senator Solomon Olamilekan Adeola (APC, Lagos West) was given one week to come...
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NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives
September 27, 2019 No Responses

NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives

The Nigerian Stock Exchange (NSE) in partnership with Dangote Cement Plc and Global Reporting Initiative (GRI) held a capacity development workshop on&nbsp...
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New IMF MD Unveils Agenda
September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her imm...
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Nigeria Sets Aside N310b For Road Projects
September 26, 2019 No Responses

Nigeria Sets Aside N310b For Road Projects

The Federal Executive Council (FEC) on Wednesday approved a total of N310 billion for road projects.Briefing Journalists at the end of Federal Executive Council (FEC) meeting chaired by Vice President Yemi Osinbajo, the Minister of Works and Housing, Babatunde...
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Photo News
September 26, 2019 No Responses

Photo News

UBA Photo News
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Senate Lauds Temporary Closure Of Land Borders
September 26, 2019 No Responses

Senate Lauds Temporary Closure Of Land Borders

The Senate has commended the recent decision by President Muhammadu Buhari to temporarily close all land borders to address smuggling and its impact on the Nigerian economy.The commendation came after the consideration of a motion titled: “The impact of bord...
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Osinbajo: I Am Ready To Waive Immunity To Clear My Name
September 26, 2019 No Responses

Osinbajo: I Am Ready To Waive Immunity To Clear My Name

Vice President Yemi Osinbajo says he is ready to waive his constitutional immunity to enable the “most robust adjudication” of several baseless allegations, insinuation and falsehoods against his person and office.Osinbajo’s spokesman, Laolu Akande, in a...
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Senate TO FG: Accelerate Diversification Of The Economy
September 25, 2019 No Responses

Senate TO FG: Accelerate Diversification Of The Economy

The Senate on Tuesday urged the Federal Government to accelerate its policies on the diversification of the economy to improve the country’s foreign exchange earnings.The call was made in resolutions reached by the Senate following consideration of a motion ...
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