• Economic benefits of expanding digital trust

    A simulation conducted by the IBM Chief Economist's office of the digital adoption of blockchain on the economies of Kenya, Nigeria and South Africa found lower prices and significant improvements in real GDP and fiscal balances across each country.

  • Nigeria:Duke - How to Attract Foreign Direct Investments

    [This Day] Former Governor of Cross River state, Donald Duke, has urged the federal government to as a matter of urgency stabilise its currency in order to attract foreign direct investment.

  • Foreign direct investment rising, says Emefiele

    •Foreign reserves hit $38.2b Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said the restriction of foreign exchange access for 41 items has led to massive foreign capital inflow. Inaugurating Unilever Nigeria’s 10 million Euros Blueband factory in Agbara, Ogun State, yesterday, Emefiele said that global confidence in the ...

  • Umana: Notore’ll attract $5b FDI, create 25,000 jobs

    The Managing Director, Oil and Gas Free Zones Authority (OGFZA), Mr Umana Okon Umana, has said Notore Oil and Gas Free Zone will attract more than $5 billion in foreign direct investment (FDI) into the country and create 25,000 jobs with its new status as a free zone developer. Speaking ...

  • 2019: INEC may transmit results electronically from polling units

    The Independent National Electoral Commission (INEC) has developed a technology that will enable it transmit election results electronically direct from polling units to its states’ headquarters. Ebonyi State Resident Electoral Commissioner (REC) Prof. Godswill Obioma, stated this at a meeting with faith-based organisations in Abakaliki yesterday. According to him, the ...

  • FG tasked to create more rooms for local Oil/Gas Investors

    The federal government ( FG ) has been charged to do more to open the oil and gas sector wider to local players so as to further broaden the nation’s economy and spread development. Making the call on Tuesday, while refuting media publications describing him as a staff of SAIPEM ...

  • Nigeria Customs seizes contraband worth N93m

    The Compliance Team of the Nigeria Customs Service ( NCS ) said it has seized contraband with Duty Paid Value ( DPV ) of N93.7 million in the course of its operations. The Coordinator of the Compliance Team, Ahmed Azarema, made this known while displaying the seized contraband to news ...

  • Nigeria:Effective PR to Sustainable Foreign-Direct Investment

    [Guardian] Speakers at the 17th yearly NECCI PR Roundtable held in Lagos have harped on the need for Nigeria to address its current perception challenges that have negatively impacted its potential, as a capital and investment destination. They also observed that poor communication of the nation's own perspectives on global ...

  • NDIC pays N105b to failed banks’ depositors

    The Nigerian Deposit Insurance Corporation (NDIC),  has paid N105 billion to 442, 615 depositors of closed Deposit Money Banks (DMBs). the Managing Director, Umaru Ibrahim has said. Umaru said the figure was as at the end of September, 2017. Similarly, the Corporation paid a cumulative sum of N2.88 billion to ...

  • José Almaça quer recuperar projeto de criação de um fundo público para catástrofes naturais

    O presidente da Autoridade de Supervisão dos Seguros e Fundos de Pensões defendeu hoje a criação de um fundo para fazer face a perdas com sismos, que seja posteriormente alargado a outras catástrofes, recuperando um projeto de 2010.

  • StarTimes Begins Transmission In Maiduguri

    By Francis Okoye, Maiduguri – In fulfillment of its promise to deliver quality and affordable entertainment to every Nigerian home leading digital Pay TV Company, StarTimes Nigeria has extended its operations to Maiduguri, the Borno State capital. StarTimes, a joint venture between Nigeria Television Authority (NTA) and Star Communications in ...

  • Brasil e Rússia discutem cooperação em segurança para a Copa do Mundo de 2018

    Presidente Michel Temer durante audiência com Nikolai Patrushev, secretário do Conselho de Segurança da Federação da RússiaMarcos Corrêa/PR Autoridades da área de segurança do governo da Rússia reuniram-se hoje (4) com o presidente Michel Temer e integrantes do governo brasileiro e um dos temas discutidos foi a cooperação na ...

  • Empresários peruanos sócios da Odebrecht são condenados a 18 meses de prisão

    O Poder Judiciário do Peru condenou hoje (4), a 18 meses de prisão preventiva, quatro ex-executivos de empresas que atuaram como sócias da construtora brasileira Odebrecht na execução de obras na Rodovia Interoceânica Sul, que liga o Acre, no Brasil, ao Oceano Pacífico, no litoral do Peru. Os ex-dirigentes da ...

  • Emefiele is best CBN Governor ever, says Ovia

    Zenith Bank Plc Chairman Jim Ovia has described Godwin Emefiele as the best governor the Central Bank of Nigeria (CBN) has ever had. Ovia spoke at the 47th convocation of the University of Nigeria, Nsukka (UNN) in his acceptance speech on the conferment of Honorary Degree of Doctor of Business ...

  • Investors gain N4tr in equities

    Equities investors in the Nigerian Stock Exchange (NSE) have accumulated capital gains of about N4 trillion over the past 11 months.  Low valuations, improved macro economy and more coordinated monetary policy management, led to sustained considerable rally across the stock market. Benchmark indices at the NSE showed average year-to-date gain ...

  • Olubadan: chieftaincy law review reversible

    The Olubadan of Ibadan, Oba Saliu Akanmu Adetunji, Aje Ogungunniso I, has said the chieftaincy reform in which the Oyo State government enthroned 21 kings is reversible. Governor Abiola Ajimobi, at last Friday’s Eid-el-Mawlud celebration at the Remembrance Arcade at Agodi in Ibadan, the capital, reportedly said there was no ...

  • Taxa básica de juros pode ser reduzida ao menor nível da história nesta semana

    A taxa básica de juros, a Selic, poderá chegar ao menor nível da história na próxima quarta-feira (6). A expectativa de instituições financeiras é que a taxa básica seja reduzida de 7,5% ao ano para 7% ao ano, na última reunião de 2018 do Comitê de Política Monetária (Copom) do ...

  • Economía/Empresas.- María José Alvarez (Eulen), reconocida empresaria del año por la Cámara de Comercio España-EE.UU

    MADRID, 3 (EUROPA PRESS) La presidenta ejecutiva del Grupo Eulen, María José Alvarez Mezquíriz, ha sido reconocida como 'Business Leader of the Year' por la Cámara de Comercio España-Estados Unidos, galardón que recibirá esta semana en Nueva York.

  • María José Alvarez (Eulen), reconocida empresaria del año por la Cámara de Comercio España-EE.UU

    La presidenta ejecutiva del Grupo Eulen, María José Álvarez Mezquíriz, ha sido reconocida como 'Business Leader of the Year' por la Cámara de Comercio España-Estados Unidos, galardón que recibirá esta semana en Nueva York.

  • Lucky fibres supports rullion Women Entrepreneurship Fair

    Rullion Capacity builders has announced the second edition of the Women Entrepreneurship Fair (WEF), billed to hold at the Nigerian Ports Authority (NPA) grounds in Surulere Lagos, today. Lucky Fibres Ltd, manufacturer of Interior designs and floor coverings, Nobel Carpets, Rugs and Yarn products and also a major sponsor of the fair ...

  • Jacob Barata Filho e Lélis Teixeira deixam prisão no Rio

    Dono e sócio de empresas de ônibus, Jacob Barata Filho e o ex-presidente da Federação das Empresas de Transportes de Passageiros do Estado do Rio (Fetranspor), Lélis Teixeira, deixaram a Cadeia Pública José Frederico Marques, em Benfica, na zona norte do Rio de Janeiro. O alvará de soltura foi recebido ...