The Lagos Chambers of Commerce and Industry (LCCI), has once more warned against the danger of having the oil sector as the country’s economic mainstay. Thus, the Chamber stressed the need for the diversification of the economy.
The President, LCCI,...
The National Emergency Management Agency (NEMA) said it distributed relief materials in parts of Borno, Adamawa and Yobe to cushion the effect of the State of Emergency imposed on the states.
The North-East Coordinator of the agency, Alhaji Mohammed Kanar,...
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have taken over the management of the National Economic Reconstruction Fund (NERFUND) after a N5.7 billion loss incurred by the firm.
But a source claimed at the...
THE remarkables note about the under-implementation of the 2013 Budget is that it follows a three decades-long pattern. Government has adopted fiscal consolidation policy despite the longstanding high unemployment rate and poverty incidence of over 70 per cent. It...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its decision to invest heavily in human capital development was borne out of its conviction that such investment is the surest way to the growth and development of...
Nigerian Export-Import Bank (NEXIM) has stated that it has provided N12 billion in lending to Nigerian export manufacturers, many of who put the “Proudly Nigerian” label on their products in the West African sub-regional market and globally.
The bank also...
