Africa’s growth rate to hit 3.4% in 2023 – UN
The United Nations reported that global growth in 2023 is likely to hit 3.4%, which is less severe than originally anticipated because of resilient household spending in rich nations and…
IMF grants Ghana $3bn loan
The International Monetary Fund approved a $3 billion loan for Ghana on Wednesday, with the first immediate disbursement amounting to around $600 million. According to Leadership, Ghana is a West…
FG reiterates ban on raw ore exportation
The Minister of Mines and Steel Development, Architect Olamilekan Adegbite, has warned industry participants that the restriction on the export of raw ore remains in effect and that any violation…
How NSC saved N2.7bn on charges in two years
The Nigerian Shipper's Council said that between 2020 and 2022, it has saved a baffling sum of N2.7 billion. The Punch reported that according to the council in its Complaint Newsletter, a…
NMDPRA urges companies to drop diesel for gas
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has urged the country's companies, particularly those that utilize a lot of petroleum products, to switch from diesel to gas. The Punch…
Senate urges CBN to release $717m airlines funds
The Senate passed a resolution on Wednesday, urging the Central Bank of Nigeria to release the sum of $717,478,606, which is currently trapped in the country, to the airlines. This…
ICRC urges Nigerian govs to embrace public-private partnership
The Director-General of the Infrastructure Concession Regulator Commission, Mr. Joe Ohiani, has urged state governors to create a Public Private Partnership framework to support infrastructure development in their states. According to the News…
AfDB seeks global collaborations on Sustainable Development Goals
The President of the African Development Bank, Akinwumi Adesina, has pushed for international collaboration to help Africa meet the Sustainable Development Goals. Independent News reported that he said this while speaking…
JAPA: Why firms must improve employee experience
A leading consulting firm, Phillips Consulting Limited has urged both the public and private sectors in Nigeria to reconsider how they approach employee experience and retention in order to address…
FG’s excise duty hike will cause job losses – MAN
The Manufacturers Association of Nigeria has expressed concern that the recent increase in excise duty for beverage and tobacco products will force businesses to reduce their operations, which may lead…
Ban import of goods Nigeria can produce, Innovation Min tells FG
The Minister of Science, Technology and Innovation, Dr Olorunnimbe Mamora, has proposed a ban on the importation of foreign goods that can be made locally in Nigeria. Channels reported that…
Google to delete unused accounts starting December
The search engine giant, Google has on Tuesday announced that it will delete unused accounts for a period of two years in order to prevent security threats like hacking. According…