Industry & Money
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131FG Plans $10b Diaspora Investment fund
The federal government has announced plans to set up a $10 billion diaspora fund to attract investment from citizens living abroad. Minister...
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246Forex: Telecom Operators Seek NCC Nod for Tariff Hike
Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to...
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143PZ to Exit Africa citing Sales Plunge in Nigeria
PZ Cussons Plc, yesterday, said it has commenced a strategic review of its business in Africa, with a consideration of exiting the...
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151FG Revokes 924 Mining Licences
The federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining and quarrying. The Minister of Solid Minerals Development, Dr...
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124Nigeria Eyes $10b Investment in Oil and Gas
An initiative to incentivise investors in the oil and gas segment of the nation’s economy aimed at attracting $10billion investment, was yesterday...
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503Artificial Intelligence will not Replace Site Selectors, for now
Artificial intelligence (AI) is already having an impact on corporate decision-making. Tech companies, for example, have sacked more than 50,000 people so...
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207
Oil Stabilises after Sharp Drop on Demand Concerns
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year...
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288Federal Mortgage Bank Commences Recapitalisation Exercise
The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has disclosed that the bank has commenced recapitalisation...
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270Domestic Price Pressures to Persist in the Near Term
The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to...
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116Manufacturers Association of Nigeria Stakeholders’ Engagement on Digital Platform
In line with its drive to create greater awareness of the MANSA Digital platform and promote its adoption, the MANSA Digital Initiative...
