The Nigerian Exchange Group (NGX), yesterday, said policy inconsistency, currency woes must be tackled to achieve the Federal Government’s proposed $1 trillion economy. Chairman of the Nigerian Exchange Group (formerly the Nigeria Stock Exchange) Dr Umaru Kwairanga made the call in Lagos. He said these were challenges that must be surmounted if that economic milestone…
Prominent Nigerian businessman Femi Otedola and other major investors have expressed renewed confidence in the Federal Government’s economic reform agenda and pledged to deepen their investments in sectors vital to the country’s inclusive growth and competitiveness. Otedola made this known during a courtesy visit to the Minister of Finance and Coordinating Minister of the Economy,…
The Association of Nigerian Refineries Petroleum Marketers (ANRPM), in conjunction with its Board of Trustees, has hailed President Bola Tinubu, on his second anniversary in office. The association noted that over the period, Nigeria has witnessed notable strides across various sectors, driven by visionary leadership, including a renewed focus on the blue economy. In a…
Stakeholders in the information communication technology (ITU) sector have called for more action to encourage the participation of girls in the sector to bridge the gender imbalance in the sector. The stakeholders’ who spoke during this year’s Girls in ICT Day celebration in Lagos, said young girls should be encouraged to seek roles in ICT…
TD Africa, a trailblazer in technology distribution and innovation across Africa, has launched an exciting weekly campaign titled ‘Black Friday Every Friday’, bringing massive discounts on premium tech products to registered partners via the TD Super App. Running every Friday through Sunday at midnight, the initiative provides consistent access to a diverse product mix, including…
A UK-based company that allows users to buy, sell, and trade cryptocurrencies, Blockchain.com, plans to open a physical office in Nigeria in Q2 2025 and expand into Ghana, Kenya, and South Africa. The move, first reported by Bloomberg, marks a significant push into African markets amid growing regulatory clarity across the continent. The Nigeria expansion…
Senate President, Godswill Akpabio and other stakeholders have called for a radical shift in the continent’s approach to natural resource management, urging nations to abandon the historical role of merely supplying raw materials to the global market while others profit from innovation, branding, and economic control. The call was made in Abuja yesterday during the…
The President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has wooed global investors to explore the vast opportunities in Nigeria’s dynamic yet volatile economy. Oye is in Giessen, Germany, where he delivered the keynote at the third International B2B Conference organised by the German Chamber of…
The Central Bank of Nigeria (CBN) will continue to grow the nation’s net foreign reserves beyond the level stipulated by the International Monetary Fund (IMF) to ensure the economy remains safe and healthy, CBN Governor Olayemi Cardoso, said yesterday after the Monetary Policy Committee (MPC) meeting, where key interest rates were held steady for the…
