Business & Finance

Nigeria, Ghana And Others Plan To Protect Undersea

Monday, March 18, 2024
The Minister of Communications and Digital Economy, Bosun Tijani, has disclosed its plans to spearhead a global collaboration aimed at enhancing the protection of undersea cables. This was disclosed by the minister on social media platform, X (formerly Twitter) on Sunday. This comments came ag ...

NICA Seeks More Business-Friendly Loans For SMEs

Monday, March 18, 2024
The National Institute of Credit Administration has expressed that the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement made available to a correspondent on Sunday, the Chief Executive Off ...

Stakeholders Request For Housing Budget Review

Monday, March 18, 2024
Stakeholders in the housing sector have jointly requested for a review of the 2024 housing budget to meet up with current realities. In an exclusive interview with a correspondent, the Executive Secretary of the Association of Housing Corporation of Nigeria noted that the review of the 2024 budge ...

PenCom: PFAs Fined For Failure To Enlighten Pensioners

Monday, March 18, 2024
Pension fund administrators (PFAs) who fail to enlighten pensioners on programmed withdrawal and other features risk a fine of N500,000. The National Pension Commission (PenCom) disclosed that the feature includes retirement life annuity (RLA) as it would enable retirees to make an informed decision ...

CISI Outlines The Importance Of Infrastructure Financing

Monday, March 18, 2024
The National Advisory Council (NAC) of Nigeria Group of Chartered Institute for Securities and Investment (CISI) has explained how to effectively maximise investment opportunities in a volatile market, especially through infrastructure financing. Similarly, at the Nigeria Members rsquo; Forum, th ...

NAICOM Partners With Operators On New Path For IFRS-17 Transition

Monday, March 18, 2024
The National Insurance Commission (NAICOM) expressed partnership with the industry stakeholders in mapping out strategies for an effective smooth adoption of the International Financial Reporting Standard (IFRS) 17. It was observed by players who gathered at a one-day interactive session held in ...

Minister Discloses Massive Investment For DisCos Underway

Sunday, March 17, 2024
The Minster of Power, Adebayo Adelabu, has expressed commitment to Nigerians that the ministry would do all it could to ensure that electricity distribution companies (DisCos) step up their games through massive investment, noting, ldquo;if that fails, it will resort to legal backing. rdquo; Thi ...

Commissioner Warns The Ai Deployment Must Not Violate Consumers’ Rights

Sunday, March 17, 2024
The Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem has disclosed a clear warning that the advent of Artificial Intelligence in online and digital market must not be at the expense of the citizens rsquo; rights and well-being. She expressed that as th ...

Analysts Explain: Ports And Transport Network Upgrade Will Boost Trade

Sunday, March 17, 2024
Analysts at Cowry Asset Management Limited have expressed that the country rsquo;s trade will improve if the government can upgrade transportation networks, ports, and streamline export procedures to ease logistics costs. They noted that the firm rsquo;s review of the country rsquo;s Foreign Trad ...

Nigeria’s functional oil drilling rigs increase to 16, says OPEC

Sunday, March 17, 2024
A data from the latest March 2024 Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries has disclosed that the number of functional oil drilling rigs across the country increased marginally to 16 in February. Figures released by OPEC has shown that the country rsquo;s oil ...
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