The Director-General, Budget Office of the Federation, Mr. Ben Akabueze, has said tourism offers opportunity for job creation and capable of driving short-term growth and longer-term structural change. Akabueze who was represented at the event by his Technical Assistant, Miss Olayinka Babalola, said this in a presentation entitled, “Financing as a Catalyst to Sustainable Tourism […]
With growing access to the internet, social media now represents an indispensable channel for businesses to promote their brand, connect with customers, cultivate sales leads and deepen their reach. Considering the increasing utility of the smartphone and other mobile devices, research indicates that up to 80 percent of your target market are actively engaged and […]
Nigeria will pay a minimum of £1,000 for everyday the Presidential Jet is parked in London waiting for President Muhammadu Buhari, who has spent almost two months in his second sick leave in London, the Presidency said on Thursday. Special Senior Assistant to the President (Media & Publicity) Garba Shehu disclosed this in a statement […]
Managing Director/ CEO, Guaranty Trust Bank Plc, Mr. Segun Agbaje, has stated that Nigeria’s economy may be in a difficult period, but with digitalization at the core of the national banking strategy, financial inclusion has been given room to grow. Agbaje made the statement at a World Finance conference in Lagos. “There are so many […]
Nigeria is expected to be the fastest-growing hospitality market from a revenue perspective over the next five years with a projected 14.7 per cent compound annual increase in revenue, PwC stated in the 7th edition of its ‘Hotels Outlook: 2017-2021.’ According to the report , the country was expected to benefit from an improving economy, […]
The Securities and Exchange Commission (SEC) has extended the deadline for stoppage of issuance of physical dividend warrants in the nation’s capital market to December 31, 2017. Naif Abdussalam, SEC Head, Corporate Communications, who disclosed this in Lagos yesterday, said the deadline was extended to give room for investors to key into the e-dividend payment […]
On the first day of transaction after the Eid-el-Fitr celebration, the Central Bank of Nigeria (CBN) on Wednesday intervened in various segments of the inter-bank market to the tune of $195 million. A breakdown of the day’s intervention indicates that authorised dealers in the wholesale window segment received $100 million offer from the bank, while […]
Nigeria’s Yuonov Frederick Agah has been reappointed as Deputy Director-General of the World Trade Organisation (WTO) for another four-year term. News Agency of Nigeria (NAN) reports that Agah, who hails from Benue state, was first appointed as Deputy Director-General of WTO in 2013 for a four-year term. He will resume his second term at the […]
The Federal Government said on Wednesday that it has no plans to concession or sell the refineries in the country. President Muhammadu Buhari said this while declaring open the 5th Triennial National Delegates’ Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria(PENGASSAN) in Abuja. The theme of the conference is: “Emerging Trends […]
BMW AG is scrapping stick shifts on some models in the U.S., such as the 2-Series Coupe, as the German carmaker streamlines options for customers to stabilize profitability amid higher spending and lower returns from electric cars. With a wide array of choices, such as more than 100 steering wheels and engine configurations, BMW is […]