SEC Nigeria Inaugurates Private Equity Committee

SEC Nigeria Inaugurates Private Equity Committee

Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments.This was stated by Acting Director General of the Securities and Exchange Commission, SEC,...
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Innoson To Expand Operations As Ekiti, Gombe, Bauchi, Kogi, Others Patronize Firm

Innoson To Expand Operations As Ekiti, Gombe, Bauchi, Kogi, Others Patronize Firm

By citybusinessnews@yahoo.com The Chairman of Innoson Group of Companies, Chief Innocent Chukwuma has commended President Muhammadu Buhari for the support and patronage from the Federal Government.Briefing Journalists on Sunday in Nnewi, Anambra State, Ch...
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Ten Varsity Students Win NIMASA Educational Grants

Ten Varsity Students Win NIMASA Educational Grants

The Minister of Transportation, Rt. Hon. Rotimi Amaechi, has said that the new maritime security infrastructure being built by the Federal Government, the Deep Sea Project, would be a major economic trigger for the country. Amaechi stated this in Lagos,...
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Coscharis Unveils New BMW X7

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 attenda...
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Lawan Seeks Legislation For Budget Cycle

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

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

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

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

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

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

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

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

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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