Economy Archives — Page 223 of 235

October 20, 2016 No Responses

IMF declares Nigeria Africa’s biggest economy

Despite ongoing economic challenges, the International Monetary Fund (IMF) has affirmed Nigeria as the biggest economy in Africa ahead of South Africa and Egypt. However, the IMF’s World Economic Outlook for October 2016, puts South Africa’s GDP at 280.36...

October 19, 2016 No Responses

Critical role of capital market data delivery in economic development, by NSE boss

Capital Market data delivery play critical role in economic development, the Chief Executive of Nigerian Stock Exchange (NSE), Mr Oscar Onyema has said. In his key note address at NSE market data workshop on Tuesday in Lagos, Onyema said...

October 17, 2016 No Responses

Group tasks FG on proposed N25b car loans

Reported plan by the Federal Government to float a car purchase loan scheme to help Nigerians acquire new made-in-Nigeria cars has been described as a ‘refreshing one’. Though details of the operations remain skectchy as at press time, a...

October 16, 2016 No Responses

FG proposes 10 earth dams for each state

To increase food production across the country, the Federal Government has concluded plans to install at least 10 earth dams in each state of the federation. Under the arrangement, dikes is also to be put in place in the...

October 14, 2016 No Responses

WFE explains growing liquidity in emerging market exchanges

The World Federation of Exchanges (“WFE”), on Thursday published a report into growing liquidity in emerging market exchanges, in collaboration with global management consulting firm Oliver Wyman. The report, entitled Enhancing Liquidity in Emerging Mark...

October 11, 2016 No Responses

‘Made-In- Nigeria products key to sustained economic growth’

To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services. Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian e...

October 11, 2016 No Responses

NSE Organises First Market Data Workshop

The Nigerian Stock Exchange (NSE) in collaboration with Independent Software Vendors (ISVs) and Market Data Vendors (MDVs) is set to host its inaugural Market Data Workshop, onTuesday, October 18, 2016 at The Civic Center, Victoria Island, Lagos. The wo...

October 8, 2016 No Responses

Ecobank renews partnership with Global Fund

Ecobank Transnational Incorporated has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years. Ecobank in a statement on Friday explained that the relationship between the two organisations began...

October 8, 2016 No Responses

Sukuk Issuance: SEC lauds CBN’s approval of guidelines for granting liquid assets to States

The Securities and Exchange Commission (SEC) has notified issuers and investors that the Central Bank of Nigeria (CBN) has approved “Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments”. In a statement on Fri...

October 8, 2016 No Responses

Heritage Bank seeks sustained support for firms

As part of measures to create wealth for individual customers, Heritage Bank recently took advantage of customers’ service/appreciation week to organise a business fair to celebrates the business activities of various customers. The fair which t...

October 8, 2016 No Responses

FirstBank partners NESG on 22nd economic summit

Inline with commitment to drive financial inclusion and sustainable national economic development, First Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered the Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) ...

October 5, 2016 No Responses

‘Partnership with Tony Elumelu Foundation will lift creative industries’

The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at a cere...

October 4, 2016 No Responses

Minister task farmers on quality products, foreign exchange earnings

As part of measures to avoid fungal contamination, protect public health and secure more markets for Nigeria’s agro-commodities, the Minister of State, Agriculture and Rural Development, Senator Heineken Lokpobiri has challenged farmers and other stakeholder...

October 4, 2016 No Responses

Study of History critical to Nigeria’s development, says Tinubu

Former Governor of Lagos State and National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has called on the Federal Government to re-introduce study of History to the nation’s institutions. Speaking in Abuja on Monday at...