Free Zones Reform: Investors Threaten Divestment     Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a stakeholders' meeting. A leaked draft report from the Federal Ministry of...

Image Merchants shortlisted for African PR Agency of the Year     Image Merchants Promotion Limited, the publisher of PRNigeria and Economic Confidential has been shortlisted as one of the five finalists for the African Public Relations Agency of the Year. The four other finalists for the African...

AI Technology and National Security Initiatives, by Inyene Ibanga     Governments around the world are developing integrated frameworks for the adoption and deployment of information and communications technology (ICT) in their national security architectures. Today, technology is playing a significant role in the operations of various security/defence...

Nigeria’s Diaspora Remittances To Hit $22bn         Nigeria’s diaspora remittances have been projected to rise by five per cent to $22bn by the end of 2021. Agusto Consulting Limited, a wholly owned subsidiary of a rating agency, Agusto & Co. Limited, disclosed this in its report titled...

Dangote Cement, 20 Others Lift Capitalisation By N36bn       Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. Yesterday’s improved performance was spurred by investors’ sustained appetite in the shares of Dangote...

Banks Slash Dollar-cash Deposits to $5,000 Monthly       Nigerian banks have reduced the amount of United States dollars customers can pay into their domiciliary accounts from the previous $10,000 to $5,000 monthly. A top bank official who craved anonymity confirmed the new policy yesterday. However, the new policy...