Prof. Adesoji Adesugba, the Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) says Asiwaju Bola Ahmed Tinubu, winner of the country’s February 25 Presidential Election is an undisputed brainbox of modern Free Trade Zone in Nigeria. Adesugba, also, the Chief Executive Officer of NEPZA, made this remark in his congratulatory message to the…
The Federal Government is preparing the country’s business environment for greater prosperity and wealth circulation as plans are underway to begin the listing of Free Trades Zones and zones’ enterprises on the Nigeria Capital Market. The Nigeria Export Processing Zones Authority (NEPZA); Nigeria Economic Zones Association (NEZA) and the Security and Exchange Commission (SEC) as…
On Thursday, some residents of the Kano metropolis differed in their reactions to President Muhammadu Buhari’s approval of the continued use of the old N200 note as legal tender.According to the News Agency of Nigeria, some residents applauded the Federal Government for extending the use of the old N200 notes by 60 days as a…
Abuja Chamber of Commerce and Industry (ACCI) has appointed Mr Chidiebere Onwumere as the new Executive Director of the Policy Advocacy Centre of the Chamber. Mr Onwumere, a professional in media and marketing is the co-founder of Brandmarks Communications Limited, one of Nigeria’s leading Strategy and Communications Consultancy firms in Nigeria. For over two decades,…
Abuja Chamber of Commerce and Industry (ACCI) has handed over a 10 hectares of the Chamber’s property to Cityspace Property Limited for construction of Ultra-modern market which is expected to transform the business space of Abuja and will be rated as one of the best Ultra-modern markets in Africa. The President of ACCI, Dr Al-mujtaba…
The naira has held fairly steady on the back of the chaotic currency exchange programme, but analysts say its weakness against the dollar will likely resume as the new currency notes are circulated in the system. The lack of physical cash has held the naira stable against the dollar this week, trading at 747 from…
The ActionAid Nigeria (AAN) on Monday in Abuja urged the Central Bank of Nigeria and the Federal Government to proffer permanent solutions to the raging naira and fuel scarcity crises in the country. AAN Country Director, Ene Obi, said Nigerians were going through multiple issues which had been compounded by government agencies. She noted that…
President Muhammadu Buhari says that the Federal Government has achieved 100 per cent broadband penetration across Nigeria. The president said this in Abuja on Tuesday at a Digital Economy Conference tagged: “Promoting a Vibrant Digital Economy, A Catalyst for Economic Growth in Nigeria”. The News Agency of Nigeria (NAN) reports that the conference was organised…
Nigerian Chambers of Commerce Dispute Resolution Center (NCC-DRC) as part of its mandate to promote and support amicable settlement of commercial disputes, has launched “The Prince Adetokunbo Kayode SAN National Inter-University Moot Arbitration Competition” for Nigerian Law Students. The virtual event held on 31st January 2023 and drew attendance from mediators, arbitrators, conciliators, students and…
The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by the Central Bank of Nigeria on Sunday. The House of Representatives Ad hoc Committee on New Naira Re-design and Naira Swap Policy on Sunday described the new date as a mere political gimmick to further…
