BUSINESS Archive

Judges, bankers caution against use of virtual currencies

Judges, led by the Chief Justice of Nigeria, Walter Onnoghen and the Chartered Institute of Bankers of Nigeria (CIBN) headed by Prof. Segun Ajibola, yesterday in Abuja alerted Nigerians to the danger of transacting business in any

World Bank disagrees with Adeosun on borrowing … says cost of debts not sustainable

The World Bank has disagreed with the Minister of Finance, Mrs. Kemi Adeosun, on the need for the Federal Government to borrow more in order to develop the nation’s infrastructure and stimulate the economy. The World Bank

Osinbajo, Elemelu, Dangote others seek business growth in Africa

Vice President, Prof. Yemi Osinbajo, Africa’s richest man, Aliko Dangote, and founder, Tony Elumelu Foundation, Tony Elumelu, were among prominent Africans that yesterday, unanimously agreed that entrepreneurship will create the needed jobs, increase the Gross Domestic Products

Buhari asked us to focus on northern Nigeria — World Bank

The President of the World Bank Group, Jim Yong Kim, said on Thursday that the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request. Kim and the Managing Director, International

Nigeria’s .ng domain name adoption hits 100,000

The adoption and use of the Country Code Top Level Domain name (ccTLD), Nigeria’s .ng, is on the upward swing, as the figure hits 100, 000.This statistic was given yesterday by the Nigeria Internet Registration Association (NiRA),

Eminent Nigerians give Baru hard knocks as Senate probes NNPC boss

…To investigate NNPC’s finances, activities …Eminent Nigerians give Baru hard knocks …Attah, Tsav, Osuntokun, Maeba, others speak ABUJA—THERE are strong indications that the Federal Government would soon intervene to resolve the personality conflict between the Minister of

Osinbajo launches 60-day action plan on ease of doing business

Vice President Yemi Osinbajo yesterday launched the second National Action Plan on Ease of Doing Business as part of the administration’s medium term Economic Growth and Recovery Plan (EGRP) to build a globally competitive economy. The Vice

Kachikwu writes Presidency, accuses NNPC boss of insubordination

ABUJA— Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has accused Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Mr. Maikanti Baru, of insubordination, and called for the cancellation of the recent appointments in the

How to expand Nigeria’s debt capital market – Experts

Participants at the 2017 Nigerian Debt Capital Markets Conference and Awards, organised by the FMDQ OTC Securities Exchange in Lagos, at the weekend, have urged Federal Government-owned firms companies to issue bonds for infrastructure project in order

BEDC, Thames, Delta sign MoU for 20MW Isoko power plant

Efforts at ensuring that over 200 commercial entities around Ozoro, in Isoko Local Government area of Delta State benefit from power supply got a boost, as Benin Electricity Distribution Plc (BEDC) signed a Memorandum of Understanding (MoU),