Business

… Blames Nigeria’s GDP contraction on oil shock • As NSE unveils plans to list shares of NGX Group   For Nigeria to attract the Foreign Direct Investment (FDI) needed to reduce public debt and shore up its debt to revenue ratio in a sustainable manner, the need to adopt a …

Importers and exporters have continued to count losses to the inefficiencies at Nigerian seaports, as the Shippers’ Association Lagos State (SALS), estimated that operators lost an average of N2.8 trillion to irregular import procedures last year. This is further compounded by inadequate infrastructure deficiency at the ports, and poor government …

The Federal Government’s plan to push airports’ ownership and operations to private investors that are equipped with both the know-how and financial muscle is straightforward. But details get complicated and hobbled in backwater in the absence of an agreeable legal framework and yet unresolved credibility hangover. WOLE OYEBADE writes. When …

The people of Eastern Obolo Local Government Area in Akwa Ibom State have appealed to ExxonMobil Nigeria to increase its annual development grant to the area from “the paltry sum of N250 million to N1.6 billion” as obtained in other of its host communities. Chairman, Eastern Obolo Traditional Rulers Council, …

As the sustainability leader in Africa, Access Bank PLC was invited to participate in the Sustainability Certification under the Sustainability Standards and Certification Initiative (SSCI) The certification audit process saw Access Bank emerging with the highest level of sustainability certification under the SSCI program. Access Bank was presented with its …

After months of negotiations and a week before the end of the Brexit transition period, the United Kingdom and the European Union, yesterday, agreed to a trade deal allowing for tariff-free trade in goods as well as close police and judicial cooperation. The announcement followed a final call between Boris …

FG set another committee to oversee decongestion Importers and manufacturers are currently groaning under the current congestion at the Lagos seaports with millions of cargoes currently trapped. The importers and clearing agents in a chat with The Guardian urged the Federal Government to urgently find a solution to the intractable traffic along …

Pan-African Conglomerate, Dangote Group has been adjudged best Company in Corporate Social Responsibility (CSR) by Public Relations professionals in Lagos State, on efforts to help the vulnerable at the height of the COVID-19 pandemic. The selection Panel also announced that PR experts in the Lagos State Council of Nigeria Institute …

The Central Bank of Nigeria (CBN) has revoked the licenses of seven payment service providers for failing in statutory requirements. The revocation order was contained in an official gazette published on the website of the apex bank yesterday. The decision had been gazetted since December 4, 2020. The providers affected …

but it is too much for my strength — I sink under the weight of the splendour of these visions! I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so …