BUSINESS

…$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, affirmed on Sunday that the country’s positive growth outlook would be sustained. The Minister and the CBN Governor gave this assurance at a …

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Amid a review of the corporate culture at Nike, the brand’s Vice President of Footwear, Greg Thompson, has stepped down from the company. Thompson is the latest senior figure at the company to resign in the scandal, with Antoine Andrews, vice president of diversity and inclusion, Vikrat Singh (North America senior …

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Vice President Professor Yemi Osinbajo on Thursday was at the Economic Recovery and Growth Plan Mid-Lab Syndication meeting in Abuja where he expressed satisfaction with the organization of the labs and the commitment of all participants towards achieving the overall goal of the exercise. During the launch of the Labs …

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The app builds on the core functionality that saw the original version applauded as a game changer for African banking LOME, Togo, April 3, 2018/ — The upgraded version of Ecobank’s (www.Ecobank.com) revolutionary mobile app has attracted 3 million new customers in just 6 months, taking the total number of …

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LAGOS, Nigeria, March 28, 2018/ — The Islamic Corporation for the Development of the Private sector (ICD) (www.ICD-PS.org) and Jaiz Bank (www.JaizBankPLC.com), SunTrust Bank (www.SunTrustNG.com) and Wema Bank (www.WemaBank.com) signed a Line of financing agreements for a USD 20 million, USD 10 Million and USD 20 Million respectively. The USD …

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Tunde Akanbi, Ilorin   The Kwara State government has released its federal allocation figures for the month of March, 2018. In a statement issued on Wednesday, the Permanent Secretary of the State Ministry of Finance, Mr. Benjamin Fatigun disclosed that the State government got a total of N3, 561, 553, …

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In a bid to enhance the ease of doing business and eliminate multiple taxation, Rivers State Governor, Nyesom Ezenwo Wike on Monday flagged off the Rivers  State Tax Management (RIVTAMIS).   The Governor also launched the issuance of the Rivers State Tax Identification Number (RIVTIN) and received the First RIVTIN …

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DUBAI, United Arab Emirates, March 25, 2018/ — Multi-purpose facility to serve as the first deep-water port in the country. Initial investment of $350 million in first phase over 24-month period. DP World (http://web.DPWorld.com) has won a 30-year concession with an option of a further 20-year extension for the management …

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The former Vice President, via his social media account has lauded the efforts of the tech mogul in the development of Nigeria’s economy, by openly stating his full support. Bill gates recently visited nigeria and has developed intrest in vaccine  financing and Nigeria’s fiscal agenda.

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Lagos State Governor, Mr. Akinwunmi Ambode on Thursday held a meeting with the Japan-African Union Parliamentary Friendship committee in Tokyo, an influential group in the Japanese parliament.   Governor Ambode said the meeting, which was attended by members of Japan House of Representatives – Hon. Ichiro Aisawa and Hon. Asahiko …

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