Business

IMF Delegates Visit SEC Office In Abuja

Photo Caption: From Left; Economist IMF Mr Harrison Okafor, Senior Financial Sector  IMF, Mr Ayman Alfi, Acting Executive Commissioner, Operations, Securities and Exchange Commission Mr Isyaku Tilde and Deputy Director, Collectives Investment Services SEC Mr Efiok Ekpeyong Efiok during a Meeting between IMF Delegates and SEC in Abuja yesterday

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Anti-Labour Posture: PENGASSAN Seeks Stiffer Sanction Against Forte Oil, Seplat, Aiteo, Others

….Recommends NLNG Model For Refineries By Simon Ugwu The Petroleum and Natural Gas Senior Staff Association of Nigeria has condemned what it described as the lingering anti-labour practice perpetrated by some indigenous oil companies operating in the country against their employees, especially Nigerian workers. Arising from the Association’s National Executive Council (NEC) meeting in Uyo, Akwa Ibom State recently, PENGASSAN …

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Remita Partners Verve On Online Payment In Nigeria

Remita has partnered with Verve in a move it said will further enhance the online payment experience of customers paying thousands of merchants on the Remita platform using their Verve card. Both companies,a leading electronic payment platform in Africa and a Pan-African financial technology brand respectively, recently announced their partnership. The move is to increase the card payment options available …

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AfDB Bans Nigerian Company Over Fraudulent Bids

The African Development Bank Group (AfDB) has announced the ban of ALG Global Concept Nigeria Limited from participating in Bank-financed projects for 36 months. The construction company registered in Nigeria, as well as its Managing Director, Mr. Abuharaira Labaran Gero, were slammed with the ban by the Office of Integrity and Anti-Corruption of the Bank. An investigation conducted by the …

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Nigeria’s Debt Fast Approaching Pre-2005 Paris Club Level, CBN Warns

The monetary policy committee of the Central Bank of Nigeria (CBN) has warned that the federal government’s debt levels could be fast approaching the pre-2005 levels. Reading the communique of the committee’s decision at the end of its bi-monthly meeting on Tuesday, Godwin Emefiele, the CBN governor, said: “On external borrowing, the committee noted the increase in debt level advising …

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Climate Finance Accelerator Workshop Hosted By Nigerian Stock Exchange…Pix

Photo Caption: From Left; Tunde Arogunmati, Executive Director, African Incentive Partnership; Suleiman Hassan Zarma, Honorable Minister of Environment; Laure Beaufils, Deputy British High Commissioner, Lagos; Mr Kyari Bukar, former Chairman of Nigeria Economic Summit Group (NESG) and Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE) during plenary of the Climate Finance Accelerator (CFA) workshop hosted by NSE …

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NPA Boss Receives Danish Ambassador, Pledges Enabling Business Environment

The Managing Director of Nigerian Ports Authority, Hadiza Usman has said that the Authority is fully committed to the provision of the enabling environment for business to grow in the maritime sector. Hadiza Bala Usman stated this on Tuesday  while receiving the Danish Ambassador to Nigeria, MrJesper Kamp, who paid her a courtesy visit in the corporate headquarters in Marina. …

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BPE, NPA Implore Warri Port Concessionaire On Improved Efficiency, Service Delivery

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh and Managing Director of Nigerian Ports Authority (NPA) on Tuesday tasked Ocean & Cargo Terminal Services Limited-the Concessionaire of Terminal ‘B’ Warri Old Port to focus on increased efficiency, improved service delivery, modernized port development and reduction in the cost of shipping & clearing of goods in …

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2019 Choose France Summit: Bella Disu, Elumelu, Dangote, Others Meet President Macron

…As Glo signs deal with Nokia Alcatel-Lucent One hundred and fifty global business leaders including Globacom’s Executive Vice Chairman (EVC), Mrs. Bella Disu, Chairman, Heirs Holdings, Mr. Tony Elumelu, Chairman, Dangote Group, Dr. Aliko Dangote and Chairman, Total, Mr. Patrick Jean Pouyanne have attended the 2019 Choose France International Business Summit which took place at the Chateau de Versailles, France, on Monday. …

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