Business & Finance

PwC Expresses Commitment For Local Businesses

Friday, April 26, 2024
PricewaterhouseCoopers has expressed commitment to boost Nigerian businesses towards a sustainable future. This was disclosed by the firm in a statement to mark the 10th anniversary of its in-house consulting arm, Strategy . It seeked to catalyse positive change within the global business comm ...

ARDA Partners With GLPGP To Tackle Africa’s Clean Cooking Crisis With $1b Fundin

Friday, April 26, 2024
The African Refiners and Distributors Association (ARDA) in partnership with the Global LPG Partnership (GLPGP) to invest over $1 billion funding to address the growing clean cooking crisis in Africa. While speaking at the ongoing ARDA Week in Cape Town, South Africa, Executive Secretary of ARDA, ...

Makinde Announces €25m Feed Plant In Ibadan

Friday, April 26, 2024
The Governor of Oyo State, Seyi Makinde, has unveiled a euro;25m fish and feed plant in Ibadan, the state capital, on Thursday. During the unveiling, the governor expressed that his administration would continue to provide a conducive environment for businesses to strive, especially for agricult ...

Global Trade Increase To $30tn In 2023, Says WTO

Friday, April 26, 2024
The World Trade Organisation disclosed that Global trade has continued to grow, reaching over US$ 30.4 trillion in 2023, a fivefold increase since 1995. In a report to mark its 30th anniversary, the WTO, which was established on April 15, 1994, after the signing of the Marrakesh Agreement, explai ...

IMF Advises African Countries To Improve Education Investment

Friday, April 26, 2024
The International Monetary Fund has urged Nigeria and other sub-Saharan African countries to boost investment in their young citizens rsquo; education to boost economic growth. In a piece on its website on Thursday, the IMF noted that demographic transition may be the biggest single opportunity f ...

Nigeria lagging behind in efficient transport, says UN executive

Friday, April 26, 2024
Stakeholders have pointed out a failure in the implementation of the Sustainable Development Goals (SDG) relating to transport in Nigeria, showing deep concern over the country rsquo;s lag in creating effective transport policies that align with SDG 11.2 which aims for safe, affordable and sustainab ...

NESG expresses support for implementation of Lagos Free Zone

Thursday, April 25, 2024
The Nigeria Economic Summit Group (NESG) disclosed that the Lagos Free Zone (LFZ) has the potential to contribute significantly to the country rsquo;s gross domestic product (GDP) if fully harnessed. This was disclosed by Executive Officer, NESG, Tayo Aduloju, when he led a delegation of the Grou ...

FIRS, CATA Collaborates To Boost Capacity Among Members

Thursday, April 25, 2024
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, seeked increased capacity building to enhance tax administration processes among members of the global body. This was disclosed by Adedeji, according to ...

$824b Debt Burden, Resource-backed Loans Hinder Africa’s Potential - AfDB

Thursday, April 25, 2024
African Development Bank (AfDB) President, Dr Akinwumi Adesina, has explained that Africa rsquo;s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries rsquo; future growth. While speaking at the Semafor Af ...

FG’s Business Facilitation Compliance Metrics Shows 29 MDAs Fail

Wednesday, April 24, 2024
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has declared the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 pe ...
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