By CHRIS EKEKE Kano State governor, Abdullahi Umar Ganduje has said that his administration was able to attract $200 million foreign investment and expended over N3 billion in building shops to boost trade and business activities in the state. Speaking during Kano Investment and Economic Summit, KIES, Governor Ganduje said the internal revenue
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The 2017 Q1 Gross Domestic Product performance data released by the National Bureau of Statistics (NBS) on Tuesday depicts that GDP Q1 increased at an annual of 0.7%, said presidential adviser on economic matters, Dr Adeyemi Dipeolu. The statistics revealed that the economy shrank by 0.52% in the first quarter of
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By COMFORT NJIONYE Verve International, Africa’s payment card brand has announced a special offer for all PayPorte shoppers using Verve cards. The offer of N1,000 discount on all purchases up to N3, 000 has commenced on Payporte website. The MD/CEO, PayPorte, Mr. Eyo Bassey, described this as a welcome development and a supportive and innovative idea
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By CHRIS EKEKE, Abuja Communities in Benue State have benefitted from several economic empowerment and community development projects initiated in the state through the office of the Special Adviser to Benue State Governor on Development Corporation, SDGs and NEPAD, the National Union of Benue State Students (NUBESS) has said. NUBESS in a
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By AMARACHUKWU OKOROAFOR, Abuja Edo State governor, Mr. Godwin Obaseki has declared his administration’s readiness to reposition the state as the vanguard of rubber production and processing in order to increase foreign exchange earnings. This was as he received the management of the Rubber Research Institute of Nigeria (RRIN) at the Edo
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By COMFORT NJIONYE The interest rates for obtaining loans from Bank of Industry (BoI) has been reduced from 9% to zero interest rates for NYSC members under its Graduate Entrepreneurship Fund (GEF) programme, this measure was taken in other to encourage entrepreneurship and aid business growth. According to the bank, the (GEF)
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By CHRIS EKEKE Malabu Oil and Gas Limited has approached a Federal High Court seeking an order of court stopping Shell Nigeria Exploration and Production Company and Nigerian Agip Exploration Company Limited from signing the Final Investment Decision (F.I.D) for the $13.5 billion Zabazaba Deep water Project located in Oil Prospecting Licence (OPL245)
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Following its suspension and subsequent unbanning by the Securities and Exchange Commission from the capital market, the apex regulatory agency in the sector, Heritage Capital Markets Limited has decided to set the record straight for the avoidance of doubt and confusion. In a statement titled: ‘Heritage Capital reacts to SEC’s unbanning
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By Charles Ugochukwu charles One sure way to address the lingering economic recession assailing the country is to harness the immense potentials in the nation’s burgeoning information and communication technology (ICT) sector. The foregoing submission was made by experts at separate fora recently. These experts hold the view and very strongly too
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