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Common tech mistakes limiting your business potential

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Your business has big plans for now and the future. You are betting big on technology to take your business to the next level. Unknown to you, it is this same technology that is hindering and preventing your business from attaining its full potential. The interesting thing here is that some of the most common tech […]
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Business

President Buhari to commission ACCI Legacy Projects

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By Lubem Gena The President of Nigeria,  Muhammadu Buhari is billed to commission the legacy projects of Abuja Chamber of Commerce and Industry (ACCI) to demonstrate the support of his administration for the private sector. This was disclosed at the Annual General Assembly of the chamber by the ACCI President,  Prince Adetokunbo Kayode who cited […]
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Business

Former Minister,Publisher,Others Elected into ACCI Exco, Council

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Lubem Gena Former Minister of State for Foreign Affairs,  Dr Aliyu Idi Hong,  Publisher of Sahel Standard magazine, Mallam Olawale Rasheed and many others were on Tuesday elected into the executive and council membership of Abuja Chamber of Commerce and Industry (ACCI) at its 2019 Annual General Meeting (AGM). Dr Hong was elected Vice President […]
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Africa

Goldman Lifts 2020 Oil Forecasts as OPEC Cuts Tighten Market

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(Bloomberg) — Goldman Sachs (NYSE:GS) raises 2020 Brent spot price to $63/bbl from $60 previously, according to emailed report. Long-term anchor price still seen at $55/bbl. Bank now forecasts WTI spot price at $58.50/bbl with long-term anchor price at $50 Goldman updates forecasts after OPEC+ agreed to bigger output cuts than expected OPEC’s Oil Surprise Came as […]
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Africa

Nigeria: We’ll Jumpstart Kwara Economy With Infrastructure Development – Governor Abdulrazaq

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Ilorin — Kwara State Governor, Alhaji AbdulRahman AbdulRazaq has assured the people of the state that his administration will jumpstart the state’s economy with infrastructure development, especially by providing roads and other basic amenities. Abdulrasaq, disclosed this at the annual Ganni Festival in Gwanara in Baruten local government area of the state held recently. He […]
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Business

Central bank urges cottton farmers to pay up Anchor Borrowers loans

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The Central Bank of Nigeria (CBN) has urged the leadership of the National Cotton Association of Nigeria (NACOTAN), to prevail on the 30, 000 cotton farmers in Kano state who benefited from the Anchor Borrower programme to ensure prompt payment of the loan facility. The CBN branch controller, Alhaji Ali Abdulkadir made the call at […]
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Africa

Ghana Inflation Rate Jumps to Four-Month High

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Ghana’s inflation rate rose to the highest level in four months in November as the cedi continued to weaken. Annual inflation quickened to 8.2% in from 7.7% in October, Government Statistician Samuel Kobina Annim told reporters in the capital, Accra, on Wednesday. The median estimate of three economists in a Bloomberg survey was 7.6%. Prices […]
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FILE PHOTO: Trump meets Xi at the G20 leaders summit in Osaka, Japan
Business

China maintains tariffs must be reduced for phase one trade deal with U.S.

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BEIJING (Reuters) – Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Chinese commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal. “The Chinese side believes that if the two sides reach […]
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Africa

AfDB approves $210 million loan for this West African nation’s power transmission project

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LAGOS, Nov 30 (Reuters) – The African Development Bank (AfDB) has approved a $210 million loan to help Nigeria upgrade its dilapidated electricity transmission and distribution network. The loan to Transmission Company of Nigeria (TCN) will support construction of 330KV double circuit quad transmission lines and sub-stations across the country, the bank said in a […]
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Business

Inflation may rise in coming months, LCCI warns

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The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming months from the current 11.25 per cent as the nation continues to shut its borders to its West African neighbours. The National Bureau of Statistics at the end of September 2019 had announced that the […]
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