Business

Tourism offers job opportunities, drives growth -DG

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 […]

Business

6 don’ts of social media for your business

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 […]

General

Nigeria to pay minimum of £1,000 everyday for Presidential Jet parked in London waiting for Buhari: Presidency

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 […]

Business

Forex: CBN lifts market with $195m

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 […]

General

Nigerian gets top post at WTO

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 […]

Business

FG has no plan to concession or sell refineries

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 […]