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NASD To Strengthen Capital Market’s Contribution To Economy

NASD To Strengthen Capital Market’s Contribution To Economy   The Managing Director/Chief Executive Officer, NASD Plc, Bola Ajomale, has said the full operation of the NASD Enterprise Portal this year will significantly strengthen the reach and contribution of the capital market to the nation’s growth. The NASD...

World Bank Expects Global Growth At 3.1 Per Cent

World Bank Expects Global Growth At 3.1 Per Cent ...Warns of slow growth ahead, urges govts to prepare   The World Bank has assured that the global economy would return a growth of 3.1 per cent in 2018, despite recent softening and headwinds.But it also warned in...

Global Economy Loses $160 Trillion To Gender Inequality Issues

Global Economy Loses $160 Trillion To Gender Inequality Issues No fewer than 141 countries are losing $160 trillion in wealth because of differences in lifetime earnings between women and men, the World Bank Group report on gender inequality has shown. The loss amounts to an average...

O-Mobile Secures $10m Grant To Drive Digital Economy

O-Mobile Secures $10m Grant To Drive Digital Economy   O-Mobile Multimedia Limited, a Nigerian firm that specialises in technology based financial and agricultural services development, has secured a grant of $10 million from So.Sui.Ben Foundation, a Swiss-based non-governmental organisation that promotes development in Africa. The grant, which...

Indian Investors To Pump $4bn Into Nigerian Economy

Indian Investors To Pump $4bn Into Nigerian Economy   The Minister of Communications, Adebayo Shittu, yesterday said some Indian investors have indicated interest to invest about $4 billion in Nigeria’s manufacturing sector. Mr Shittu, who disclosed this during a press conference to announce the 4th Indo-Africa ICT...

Banks’ Credit To Economy Decreased By N136bn – NBS

Banks’ Credit To Economy Decreased By N136bn – NBS   The total credit from banks to the economy recorded a decline of N135.8bn from N15.74tn at the end of the fourth quarter of last year to N15.6tn in the first three months of 2018. This is contained...