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Africans Elected into Board of Global Alliance for Public Relations

Africans Elected into Board of Global Alliance for Public Relations The Global Alliance for Public Relations and Communication Management has elected four African countries, Kenya, Nigeria, South Africa and Zambia into its Board of Directors. President of the Alliance, Justin Green, who was also re-elected at...

 Equity Market Gains by N102bn

 Equity Market Gains by N102bn Bargain hunting activities on the Nigerian Exchange Limited drove up the market capitalisation by N102bn to close at N28.542tn at the end of trading on Tuesday. The All-Share Index of the local bourse which had opened on a positive note this...

Oil Spills: Nigeria Needs $12bn for Clean Up – Report

Oil Spills: Nigeria Needs $12bn for Clean Up - Report The Bayelsa State Oil and Environmental Commission has disclosed that Nigeria, would need $12 billion to clean up several years of oil spills in the Niger Delta region. This was revealed in a reports by the...

Excise Duty Hike: Manufacturers Lament Crises,  Threaten Shutdown

Excise Duty Hike: Manufacturers Lament Crises,  Threaten Shutdown The Manufacturers Association of Nigeria says the recent increase in excise duty for beverage and tobacco goods will force businesses to scale down operations, which will result in factory closures, job losses, a decline in exports among...

Currency Depreciation Pushes Up Public Debt in Africa, Says IMF

Currency Depreciation Pushes Up Public Debt in Africa, Says IMF The International Monetary Fund (IMF) says the depreciation of sub-Saharan African currencies against the US dollar pushes up public debt stock. This is contained in the global lender’s recent blog post titled ‘African Currencies Are Under...

Group Calls for Ban of Imported Energy Drinks as Nigeria Losses N104B Yearly

Group Calls for Ban of Imported Energy Drinks as Nigeria Losses N104B Yearly A consumer rights protection group, Concerned Consumers (CC) has said that Nigeria loses an estimated N104 billion annually to the importation of Energy drinks. While calling for the ban, the group added that...