Nigeria provides 30% return on investment – NEXIM
The Nigeria Export-Import Bank has disclosed that investors in Nigeria earn about 30 per cent return on their investments.
The Executive Director of Business Development, NEXIM, Stella Okotete, disclosed this while playing host to the...
FG welcomes Mexican investors, promises incentives
The Minister of Solid Minerals Development, Dele Alake, has praised the decision of investors from the Republic of Mexico to visit Nigeria in search of investment in solid minerals.
In a statement signed by the...
Cement industry generates 7% of global emissions – Dangote
The cement industry is responsible for seven per cent of global carbon emissions, according to Arvind Pathak, Group Managing Director of Dangote Cement Plc.
He said this at the 12th Africa Cement Trade Summit in...
Shippers council tackles extortion amid rising haulage cost
Over the last two years, the Nigerian Shippers Council, the economic regulator of the port, has been tackling the issue of extortion along port access. This problem was previously a major contributor to the...
N130bn pension fund invested in infrastructure – PenCom
Pension Fund Administrators invested N130.18 billion funds under the Contributory Pension Scheme in infrastructure as of the end of September 2023.
Figures obtained from the National Pension Commission on ‘Unaudited report on pension funds industry...
Companies raise salaries by N4.6tn in six months – NBS
To combat rising inflation in the country, companies increased the salaries of their staff members by 18.35 per cent to N29.45 trillion in the first six months of 2023.
This is based on data from...
NIJA CHAT: DG NITDA unveils app, describes it as economy booster
As the Federal Government of Nigeria continues to support and challenge its teeming youthful population to innovate indigenous solutions that have global impact, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu...
SERAP Tells World Bank To Suspend Loans To Edo, Delta And 34 Other States...
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr Ajay Banga “to promptly, transparently and effectively conduct investigation into spending of loans and other facilities by the country’s 36 state...
Unegbu, Nzekwe, Okunronmu back CBN’s planned recapitalisation of banks
.Urge apex bank to be focused
Experts in the nation's financial services sector have commended the Central Bank of Nigeria (CBN) for its plan to further recapitalise Nigerian banks.
Speaking with Daily Champion, they maintained that...
At Confab, Stakeholders Seek Enforcement of Policies in Extractive Industry
Stakeholders have highlighted the need for urgent policy implementation in the extractive industry, even as they urged the government to involve mediating organisations to do so.
They maintained that policy implementation on issues around environment...
