BUSINESS mogul, Mr Tony Elumelu, has expressed displeasure over the worsening state of the country. He asked: “How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty?” Elumelu, in a string…
SOUTH Sudan said on Thursday it had secured $120 million from the World Bank through its development arm, the International Development Association, for infrastructure development. Agak Achuil Lual, Minister of Finance and Economic Planning, said the funds would also be…
US Ambassador Stephanie S. Sullivan on Tuesday announced new co-investments by the US Agency for International Development (USAID) totalling $4.2 million with five companies operating in Ghana. These projects, leveraged with private sector funds, will help these companies scale up…
IF there is any company that has been going extra miles to be carrying out its Corporate Social Responsibility (CSR) initiatives, it is unarguably the Okomu Oil Palm Company Plc. Unlike some organisations that speciously see the development of communities…
NIGERIA plans to tap 2 billion euros ($2.2bn) this month or next of the money it raised in a eurobond sale last year and target more local borrowing in 2022 to help fund its costly petrol subsidies as oil prices…
THE Federal Competition and Consumer Protection Commission (FCCPC) has served wide ranging orders on Google LLC (Play Store) and Apple Inc. (App Store) to enforce withdrawal of certain money lending applications from their stores. This was disclosed by the agency…
▪︎ As insurance industry records steady growth THE National Insurance Commission, NAICOM, has urged Insurance Companies and operators in the industry to leverage technology to boost insurance penetration across the country. The Commissioner for Insurance, Mr Sunday Thomas, stated this…
THE Federal Competition Consumer Protection Commission, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force, on Friday, raided some illegal financial institutions operating on Opebi Road, Ikeja,…
GUINEA’S ruling junta has ordered the cessation of all activities at the massive Simandou iron ore deposit owned by Rio Tinto and a Chinese-backed consortium, saying it was seeking clarification of how Guinea’s interests will be preserved. Simandou, in Guinea’s…
WTO Director-General Ngozi Okonjo-Iweala has welcomed a new project aimed at helping eight African countries operationalise the African Continental Free Trade Area (AfCFTA). Led by the Enhanced Integrated Framework (EIF), the United Nations Economic Commission for Africa (UNECA) and the…
