Business

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US African Development Foundation CEO Visits Nigeria, Strengthening Economic Engagement and Partnerships

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“US African Development Foundation CEO Visits Nigeria, Strengthening Economic Engagement and Partnerships”   The President and CEO of the United States African Development Foundation (USADF), Travis Adkins, will be visiting Nigeria from October 16th to 20th. This visit aligns with the Biden-Harris Administration’s commitment, announced at the U.S.-Africa Leaders’ Summit, to deepen economic engagement, trade, … Read more

Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt

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Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt   Nigeria has maintained its fourth position on the World Bank’s top 10 International Development Association (IDA) borrowers’ list after moving up from fifth in the 2022 fiscal year. Even though Nigeria maintains the fourth position, it has accumulated about $1.3 billion in debt … Read more

IMF Proposes Higher Taxes As Solution To Nigeria’s Fiscal Challenge

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IMF Proposes Higher Taxes As Solution To Nigeria’s Fiscal Challenge   The International Monetary Fund has proposed a higher tax policy to solve Nigeria’s fiscal challenges. IMF Africa Department Director, Abebe Selassie disclosed this during a press briefing on the Sub-Saharan Africa Regional Economic Outlook on Friday at the ongoing World Bank Group/International Monetary Fund … Read more

Blue Economy is estimated at more than 1.5 trillion dollars annually-Minister of Marine and Blue Economy

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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced that at the global level, Blue Economy is estimated at more than 1.5 trillion dollars annually, he urged stakeholders to seize the opportunity and become a significant player in the industry. He added that part of his vision is to ensure that inland rivers, … Read more

Before Cookthon, I Auditioned For BB Naija Five Times But Was Rejected- Hilda Baci Reveals

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Guinness World Record holder for the longest cooking marathon by an individual, Hilda Effiong Bassey, better known as Hilda Baci, has revealed some of the steps she took before becoming famous. The renowned culinary expert revealed that she auditioned for the Big Brother Naija reality show five times but was rejected. She made this known … Read more

The Executive of Taraba State, Dr. Agbu Kefas on Wednesday, 16th August, in Abuja received Mr. Ravi Bajaj, the MD of Wandel Int. Nigeria Ltd; A Simba Group Company.

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A Data Service Communications Provider, specializing in high-speed data, internet connectivity, and e-governance solutions. They are also leaders in three-wheel vehicles and a fast-growing two-wheel company in Nigeria with over 30yrs experience. The meeting centered on how Taraba State Government can foster collaboration with the Firm to support its people to ease transportation, especially with … Read more

Ebonyi State Government Increases Workers’ Salary by N10,000

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Ebonyi State Government Increases Workers’ Salary by N10,000 The Ebonyi State Government has approved N10,000 as addition to its worker’s salary as part of efforts to cushion the effects of fuel subsidy removal. Mr Chikadibia Okpor, State Commissioner for Information and Orientation announced the approval to newsmen after the Executive Council Meeting on Friday in … Read more

CBN Orders Banks To Pay Dollar Recipients in Naira

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CBN Orders Banks To Pay Dollar Recipients in Naira The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries. The apex bank said the Investors and Exporters (I&E) window foreign exchange rate should be used in determining the exchange rate … Read more