Economy Archives — Page 248 of 259

September 25, 2016 No Responses

World Federation of Exchanges unveils Cyber Resilience Principles

The World Federation of Exchanges (WFE) has published a set of principles around cyber resilience, intended to support and complement guidance already provided by global regulators. According to WEF, the principles have been drafted in consultation with members, following the...

September 22, 2016 No Responses

‘Reshuffle your cabinet now’

As Nigeria’s economic crisis continue unabated, some Senators have urged President Muhammadu Buhari to reshuffle his cabinet. Specifically, the Deputy Senate President, Ike Ekweremadu, has advised President Buhari to redeploy the Minister of Finan...

September 20, 2016 No Responses

Kachikwu, Adeosun, others list way out for Nigeria’s economy

(NAN) The Minister of State for Petroleum, Ibe Kachikwu, has identified seven key implementation strategies to boost the petroleum industry and enable export of refined products by 2019. He announced this at the Presidential Quarterly Business Forum between th...

September 19, 2016 No Responses

Catholic Bishops task FG on poverty, unemployment

THE Catholic Bishops’ Conference of Nigeria (CBCN) at the weekend advised the Federal Government to tackle ongoing economic challenges ravaging the country. In a communiqué issued at the end of the second plenary meeting held in Akure, Ondo State,...

September 18, 2016 No Responses

FG targets $8b from post-harvest food storage

AS part of measures to lift the economy and sustain ongoing diversification to agriculture, the Federal Government has unveiled fresh agenda to save not less than $8 Billion from post-harvest food storage. Specifically, the Federal Government intends to a...

September 16, 2016 No Responses

‘Let’s think out-of-the-box’

President Muhammadu Buhari has pledged to partner all stakeholders as part of measures to find permanent solution to the economic challenges confronting Nigeria. Speaking at a retreat in Abuja attended by Ministers, representative of the private sectors, am...

September 15, 2016 No Responses

Resign, PDP tells Buhari

The Peoples Democratic Party (PDP) has called on President Muhammadu Buhari to resign over alleged inability of the present administration to tackle the nation’s economic challenges. Spokesman for the PDP caretaker committee, Dayo Adeyeye in a statem...

September 15, 2016 No Responses

Guinness Nigeria targets South African market

(Bloomberg) Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump in its home market. The unit of London-based Diageo Plc will cons...

September 15, 2016 No Responses

Unity Bank sacks 213 workers

The Management of Unity Bank Plc sacked 213 of its workforce. A source explained that the exercise form part of the financial institution’s plan to reposition its operations. Contacted on Wednesday, a highly placed source within the Bank...

September 14, 2016 No Responses

FG raises 10-member team on agric roadmap

A ten-member committee has been inaugurated by the Federal Ministry of Agriculture and Rural Development (FMARD) to drive the successful Implementation of Nigeria’s Agric Sector Policy Roadmap, the “Green Alternative”. According to the ministry, t...

September 13, 2016 No Responses

How to tackle Nigeria’s economic challenges, by Tinubu

To successfully tackle Nigeria’s economic challenges, the National Leader of the All Progressives Congress, (APC), Asiwaju Bola Ahmed Tinubu has challenged Governments at all levels to re-strategise. Speaking with Journalists on Monday after observing the...

September 12, 2016 No Responses

FG intensifies consultations on issuance of Green Bond

The Federal Government has commenced consultation with capital market stakeholders on the issuance of Green Bond. According to the Minister of Environment, Amina Mohammed, the process is expected to contribute to Nigeria’s development. Already, t...

September 9, 2016 No Responses

Buhari unveils ‘change begins with me’ campaign

President Muhammadu Buhari has described the new National Orientation Programme, Change Begins With Me, as a determination of his administration to carry all Nigerians along. Speaking at the unveiling of the programme in Abuja, Buhari decried the alleged er...

September 7, 2016 No Responses

‘Nigeria begins visa on arrival for foreign investors soon’

As part of measures to encourage foreign investors, the Federal Government is to commenece issuance of Visa at point of entry into Nigeria. According to the Vice President, Prof Yemi Osinbajo, the development is expected to curtail perceived bureaucratic b...