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Business & Economy
Morgan Stanley downgrades, reclassifies Nigeria’s index to stand alone
Joseph Irikefe
Morgan Stanley Capital International, (a provider of benchmark indexes and multi-portfolio analysis tools) announced the reclassification of MSCI Nigeria indexes from Frontier Markets to Standalone…
Nigeria’s economic crisis deepens as foreign suppliers reject letters of credit
Maureen Aguta
Several Nigerian businesses that rely on imports have been cut off by their foreign suppliers who are rejecting letters of credit (LC) and refusing to deliver goods without payment as foreign currency shortages…
Govt under APC set Nigeria 40 years backward–Sanusi
Maureen Aguta
Former Central Bank Governor, Muhammadu Sanusi, has said the All Progressives Congress-led Federal Government has set Nigeria 40 years backwards economically.
In an interview on Arise TV monitored by Advocacy…
REVEALED: CBN under Emefiele borrowed $13.8bn from foreign banks
Data from the seven years financial statements recently released by the Central Bank of Nigeria (CBN), revealed an accumulated debt totalling $13.8 billion.
Further examination discloses that the CBN has a combined…
2023 Census: How NPC spent N200bn on preparations
The National Population Commission (NPC) on Friday said that the commission had spent no less than N200 billion over a period of eight years in preparation for the national census slated to hold this year.
The NPC’s Director of Public…
Nigeria Air: I didn’t ask for 5% shares, lawmaker tackles Sirika
The Chairman, House of Representatives Committee on Aviation, Nnolim Nnaji, has denied asking for a five per cent equity in Nigeria Air.
The lawmaker inferred that the ex-minister of Aviation, Senator Hadi Sirika, ‘is a drowning man…
Why we want PSTT at Lekki deep seaport -Jime
The Executive Secretary/ Chief Executive of Nigeria Shippers’ Council (NSC), Mr. Emmanuel Jime has expressed the urgent need for the establishment of the Port Standing Task Team (PSTT), at the Lekki Deep Seaport in Lagos, saying the new…
Customs committed to trade facilitation, says Ali
The Nigeria Customs Service (NCS) says it is taking the lead and working assiduously with other relevant agencies to ensure proper implementation of the single-window system for trade facilitation, as part of its modernisation project.
The…
NIMASA new operational boats, other assets’ll impact blue economy
…We’re committed to sustainable maritime leadership role in Africa-Jamoh
The Minister of Transportation, Engr. Mu'azu Jaji Sambo, has said that the maritime assets including five NIMASA enforcement boats and four staff ferries…
$10,000 for grabs in Hackathon, MarkHack 2.0
... Calls for entries
In its unwavering drive to support the growth and development of marketing and media industries, and inspire the next generation of marketing and media professionals in Nigeria, GMD Group in partnership with Eko…