BUSINESS
Come Back Home, Tinubu Begs Nigerians In US
President Bola Tinubu has encouraged Nigerians in the U.S. to rise above failure by having a change of mindset for success in all their endeavours in life. Tinubu gave the advice at the Presidential Townhall Meeting with Nigerians in the diaspora on Wednesday in New York. The News Agency of Nigeria (NAN) reports that the Townhall Meeting was organised by the...
Abia Ready To Revive Tourism Sector, Gov. Otti Assures
Gov. Alex Otti of Abia has expressed readiness to reshape the hospitality industry and tourism sector through creative strategies to boost the state’s economy. Otti said this on Wednesday during a meeting with members of Nigeria Hotel Association and Hotel Proprietors Association in Umuahia. The governor, who was represented by his Chief of Staff, Dr Caleb Ajagba, said that he was...
N87 Trillion Nigeria’s Debt Profile Alarming — CISLAC
The Civil Society Legislative Advocacy Centre (CISLAC) has raised the alarm over the county’s debt surge by 75 per cent under President Bola Ahmed Tinubu’s administration. The Executive Director of CISLAC, Auwal Ibrahim Musa (Rafsanjani), in a statement, expressed concerns over Nigeria’s startling 75 per cent surge in debt, now towering to N87 trillion. He said: “The figure represents an increase...
Tinubu Appoints Adedeji Acting Chairman Of FIRS
President Bola Tinubu has appointed Zacch Adedeji as the acting chairman of the Federal Inland Revenue Services (FIRS). Until his recent appointment, Adedeji was formerly the special adviser to Tinubu on revenue. He was a former Commissioner of Finance during the administration of later Governor of Oyo State, Abiola Ajimobi. Adedeji, a certified accountant who hails from the Iwo-Ate area of Ogo-Oluwa...
First Indigenous Chartered Accountant In Nigeria, Akintola Williams Dies At 104
The doyen of the accounting profession, Pa Akintola Williams, has passed away at the age of 104 years old. The foremost accountant celebrated his 104th birthday on August 9. Pa Williams is reputedly the first Sub-Saharan African to become a chartered accountant after he passed the qualifying examination of the Institute of Chartered Accountants of England and Wales (ICAEW) in 1949. The...
Nigeria Secures $163m Loan From AfDB To Scale Up Wheat Production — Shettima
The Federal Government has obtained a loan worth one hundred and sixty-three million dollars from the African Development Bank (AfDB) to scale up wheat production in the country. The vice president, Kashim Shettima, disclosed this in Argungu, Kebbi State where he paid a condolence visit to the Argungu Emirate, state government, and the family of a renowned Islamic cleric, Sheikh...
Nigeria Ranked 31st Most Productive Economy In 2022, Says Report
Nigeria has been ranked 31 in the list of most productive economies in 2022 based on Gross Domestic Product (GDP) according to a report. In the ranking, the United States of America came first, followed by China and Japan in the third position. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are...
UAE To Support Africa’s Clean Energy Projects With $4.5 Billion
The UAE has pledged $4.5 billion in a financial initiative to fast-track clean-energy projects in Africa. This is according to COP28 President-Designate Sultan Al Jaber, an announcement coming ahead of United Nations climate summit to be hosted by Dubai. “The initiative will prioritise investments in countries across Africa with clear transition strategies, enhanced regulatory frameworks and a master plan for developing...
Naira Will Become Stronger Again —Adeboye
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, says the naira will regain its strength among the league of currencies. He stated this on Saturday morning during the Church’s annual Holy Ghost Congress held at the RCCG International Headquarters along the Lagos-Ibadan Expressway. GLONAT reports that the 78-year-old cleric prayed to God to intervene in Nigeria’s...
No More Airports’ Concession, National Carrier, Aviation Minister Keyamo Declares
Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has suspended airports’ concession and national carrier. Both airports concession and national were major projects under the aviation roadmap implemented by the immediate past administration of President Muhammadu Buhari. But speaking during a tour of the Murtala Muhammed International Airport (MMIA) in Lagos, his first tour of the busiest airport in Nigeria...
