President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption.
President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
African Development Bank (AfDB) has made case for agro-industrialisation projects by seeking support from Nordic country partners towards adding value to the competitive production of commodities such as cocoa, livestock and cotton in order to leverage the African Continental Free Trade Agreement (AfCFTA).
Speaking at a webinar held on Thursday...
Local investors have expressed fear that economic challenge in Nigeria, said to have continued to dampen investment drive and trigger apathy in the Nigerian capital market since the 2016 recession and now fueled by the effect of COVID-19 lockdown may lead to a forceful takeover of investments by foreigners.
The...
One of Africa’s largest food retailers, Shoprite, has announced plans to exit the Nigerian market after posting continuous losses from its operations in the world's populous Black nation.
Shoprite, in a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, said it was planning to discontinue its...
By Tobiloba Kolawole
A training and development organization, Purpose Power and Lifestyle Design (PPLD) International is set to train young graduates through its Prep for Success (PFS) programme.
According to the Chief Inspiration Officer of the organization,...
An Integrated ICT services provider, Internet Solutions Limited, has rebranded and set to operate as Dimension Data from the end of this year in all its operating companies.
The company said the rebranding was part of Dimension Data's larger plan to consolidate its businesses, enhance efficiency, and better delivery of...
African Energy Chamber has released its Energy Outlook for 2021, assessing Africa’s competitiveness compared with other frontiers, while highlighting the countless opportunities that continue to emerge and exist across the entire energy value chain.
The report explored the forces shaping up continent’s energy market after the historic shocks of 2020,...
African Trade Insurance Agency (ATI) has confirmed key senior-level positions that would play an important role in steering critical support to member governments.
The appointments, which were approved by the Board of Directors, included a veteran of the World Bank’s IFC, Manuel Moses, who has been appointed as the new...
A Central Bank of Nigeria (CBN) data has revealed that the naira has fallen by 108 per cent against the West African CFA (popularly known as CFA).
As the West African CFA rallies to wipe out the hitherto wide trading gap between the two currencies, it gained 36 kobo from...
President Muhammadu Buhari has warmly felicitated with former Chairman of Nigerian Economic Summit Group (NESG), Sam Ohuabunwa, on his 70th birthday on August 16, joining friends and family members to celebrate the visionary leader, whose competence and influence have greatly impacted on the Nigerian economy and beyond.
Buhari congratulated Ohuabunwa,...
