Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
CPC counsels businesses on consumer complaints
The Director General of the Consumer Protection Council (CPC), Babatunde Irukera, has said that businesses in the country must be responsive to consumer grievances and must institutionalize and prioritize complaint resolution policies and mechanism, stressing that this is the hallmark of company and brand reputation.
GE proffers action to bridge 8m skills gap in Nigeria
General Electric (GE) Nigeria has proposed action plans to address the over eight million technical skills gap in critical sectors of the Nigerian economy.
DMO deploys Eurobond proceeds to repay N198bn TBs
The Debt Management Office, DMO, yesterday commenced the process of refinancing domestic debt with proceeds of $500 million Eurobond as it announced its intention to repay in full the N198 billion treasury bills (TBs) scheduled to mature this month.
CBN injects $210m into currency market
The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.
Naira appreciates to N360.37 in I&E
The naira Tuesday appreciated by 13 kobo to N360.37 per dollar in the Investor and Exporter (I&E) window.
