NGX RegCo Urges Banks To Embrace ESG Following Nigeria’s commitment to adopt the International Sustainability Standards Board (ISSB) standards, the chief executive officer of NGX Regulation Limited (NGX RegCo), Tinuade Awe has emphasised the importance of banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies.[Read More…]
MTN Nigeria targets net zero emissions with green energy investment MTN Nigeria has announced significant investments in clean energy technologies as part of its efforts to reduce emissions and support Nigeria in achieving its 2050-2070 net zero greenhouse gas (GHG) emission commitments. The largest telecommunication provider, MTN disclosed this[Read More…]
CBN to clear forex obligation backlog in two weeks Nigerian businesses from manufacturers to importers, who have been on a long queue for dollars may have cause to heave a sign of relief as the Central Bank of Nigeria (CBN) has announced plans to clear foreign exchange (Forex) backlog[Read More…]
Interior Minister promises to clear all passport backlogs within two weeks The Minister of Interior, Olubunmi Tunji-Ojo, has said that all passport backlogs in Nigeria should be cleared within two weeks. Tunji-Ojo said that there is no excuse for passport delays in Nigeria and that the scarcity and delay[Read More…]
NACCIMA seeks Collaborative Opportunities For Innovation The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) is strengthening ties and harnessing the collective economic potential of Nigeria and South Africa to drive growth and prosperity in the countries and on the African continent. To this end, the[Read More…]
NNPP expels Kwankwaso over alleged anti-party activities …Agbo’s faction can’t speak for party, says Kwankwaso’s camp A faction of the New Nigeria Peoples Party under the leadership of Major Agbo has expelled the presidential candidate of the party, Senator Rabiu Kwankwaso, over his alleged anti-party activities and misappropriation[Read More…]
FG prepares to submit 2024 Budget in October The Ministry of Budget and Economic Planning, of the Federation has begun the preparation of the 2024 budget, which it plans to submit in October 2023. The Director-General, the Budget Office of the Federation, Dr. Ben Akabueze, said this yesterday at[Read More…]
Fidelity records PBT of N76.3bn for H1 2023 ……Declares interim dividend of 25 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A[Read More…]
Airbus opens Hamburg A321XLR equipment installation hangar Airbus has opened a new automated A321XLR equipping hangar in Hamburg. It was officially opened by Hamburg’s First Mayor Peter Tschentscher and German Aerospace Coordinator Anna Christmann. A statement by the media consultant to the company in Nigeria, said that with this,[Read More…]
IMF Sees Interest Rates Remaining High For ‘Quite Some Time’ says Gopinath Emerging markets will face a more volatile and uncertain future, and must rebuild fiscal buffers, boost revenues, diversify trade and gird for trillions of dollars in annual climate change costs, the International Monetary Fund (IMF), has said. Gita[Read More…]
