Billionaires’ wealth fell by 388 billion dollars globally to 8.539 trillion dollars, the UBS and PwC Billionaires Report found, with a particularly sharp decline in Greater China – the second-biggest home for billionaires after the United States – and the Asia-Pacific region more broadly.

By Gabriel Ewepu – Abuja The Managing Director and Chief Executive Officer of Nigeria Export-Import Bank, NEXIM, Abba Bello, yesterday, disclosed that the Central Bank of Nigeria, CBN, will soon off-take Nigeria gold at the international price. Bello made this known at the Nigeria-Canada Investment Summit 2019, held in Abuja while speaking on what NEXIM […]

By Aliyu Dangida, Dutse Governor Muhammad Badaru of Jigawa has presented the sum of N152.92 billion appropriation bill to the Jigawa State House of Assembly for the 2020 fiscal year. Badaru, who presented the budget during plenary of the State House of Assembly in Dutse on Tuesday, tagged the budget as “Budget of Sustained Economic […]

…blames politicians, oil companies for tax losses President Muhammadu Buhari on Monday in London signed the amended Deep Offshore Act. The president in his statement that was made available by his Senior Special Assistant on Media and Publicity, Mr Garba Shehu,blamed Nigerian politicians and oil companies for conspiring over the years to deny the country […]

Guinness Nigeria Plc emerged the lowest-performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms. Data obtained by the News Agency of Nigeria (NAN) reports that the stock lost 29.85 per cent to close at N23.85 per share against the opening price of N34. Mr Ambrose Omordion, the Chief […]

BUSYBEE Group, last weekend, said it has contributed to the growth of over 800 entrepreneurs in the event planning and management industry. The company creates solutions to struggling businesses through its mentoring/coaching programmes; masterclass/business summit; among others.

Saudi Arabia’s state oil company, Saudi Aramco kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world’s most valuable listed company. Aramco did not give a time frame or say how much of the company it would sell, […]

THE Federal Government has reiterated its support to drive development of Micro Small and Medium Enterprises (MSMEs) in the country.

By Chinonso Alozie, Owerri The Imo state governor, Emeka Ihedioha, has said that the eighteen billion naira investment in Imo state, by Afri-Exim bank, was for the expansion of trade. Ihedioha spoke in a statement by his Chief Press Secretary, Chibuike Onyeukwu, yesterday in Owerri, said that it was part of the government’s policy on […]

State governors are not satisfied with the revised N162 million monthly repayment for the Federal Government’s budget support facility, the Minister of Finance, Hajia Zainab Ahmed, has disclosed.