Nigeria’s economic recalibration good for business — Jumia CEO
By Etop Ekanem Chief Executive Officer of Jumia Group, Francis Dufay, has offered a perspective that placed Nigeria not at the margins of risk, but at the centre of reform, growth and stability. Speaking during a panel on emerging markets, at the Sohn Conference in New York, Dufay described the period between 2021 and 2024 as […]
CBN, operator decry low patronage of e-payment channels
The Central Bank of Nigeria, CBN and operator in the e-payment system have decried low patronage of electronic, e -payment channels in the country, stating that cash continues to be the predominant method used for transactions.
Lafarge asks court to stop SON from sealing up factory
Lafarge Cement WAPCO Nigeria Plc, has asked a Federal High Court sitting in Lagos, to restrain the Standard Organisation of Nigeria, SON, its agents, from closing its business premises, following a recent directive on product labeling and traceability requirements, pending the hearing and determination of the suit pending in the court.
Jonathan urges CIBN to implement Transformation Agenda’s policies
President GoodLuck Jonathan has urged the Chartered Institute of Bankers of Nigeria (CIBN) to ensure effective implementation of policies that will complement Federal Government’s transformation agenda.
FG approves N213bn for power intervention fund
The Federal Government has announced a N213-billion facility to help offset the legacy gas debts and address the revenue shortfall in the power sector.
Oil sector loses N32bn foreign investment
The non-passage of the Petroleum Industry Bill, PIB, has started to take its toll, as foreign investments into the oil and gas sector dropped by $197.31 million, about N31.6 billion in three months, between April and June 2014.
