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ACCI to Strengthen Economic Tie with Turkey

The Abuja Chamber of Commerce and Industry (ACCI) has emphasised its plans to strengthen economic relations with Turkey to boost trade and investment in the country. President of the Chamber, Dr Al-Mujtaba Abubakar Gumi disclosed this during a meeting at the Turkish Embassy on Tuesday in Abuja. Dr Al-Mujtaba who noted that Turkey had become […]

Weekly Diaspora Remittances have Reached $30m –Emefiele

The Central Bank Governor, Godwin Emefiele, has said that weekly diaspora remittances rose from $5m to $30. He noted that the initiatives introduced by the Central Bank of Nigeria to boost forex in the country were yielding result. Emefiele spoke during the CBN/Bankers Committee’s initiative for economic growth which was organised with Vanguard on Friday. […]

Junior Chamber International Seeks ACCI’s Support In Establishing Training Institutes, Others

The Junior Chamber International Nigeria (JCI) has on sought the support of the Abuja Chamber of Commerce and Industry (ACCI) in establishing training institutes for the teaming unemployed Nigerian youths across the country. JCI also sought the partnership of the ACCI in organising joint business summit where speakers within Abuja and outside would speak on […]

Korea Sensitises MDAs on Scholarship Program

By: Kayode Adetoye The Republic of Korea through Korea International Cooperation Agency (KOICA) which is its agency responsible for the administration of grant aid and technical cooperation in partnership with the Federal Ministry of Budget and National Planning organized a webinar for 2021 Scholarship for Master’s Degree in leading Korean Universities. During the session, KOICA […]

How Nigeria Can Benefit from Okonjo-Iweala-Led WTO – LCCI

The Lagos Chamber of Commerce and Industry has highlighted steps Nigeria needs to take in order to fully take advantage of the opportunities offered by the World Trade Organisation under the leadership of Dr Ngozi Okonjo-Iweala. The LCCI, in a statement on Monday, felicitated with Nigeria on the appointment of Okonjo-Iweala as the Director-General of […]

WTO Set to Announce Okonjo-Iweala as Director General Monday

Nigeria’s Ngozi Okonjo-Iweala will be formally appointed as the director-general of the World Trade Organisation on Monday. The WTO has called a special general council meeting at which the former Nigerian finance minister and World Bank veteran is expected to be formally coronated as the global trade body’s new director-general. The 66-year-old will be the […]

Tesla Buys $1.5B in Bitcoin, Will Accept as Payment Soon

NEW YORK (AP) — Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon. The California company revealed the new strategy in a filing with the U.S. Securities and Exchange […]

Amaechi, ACCI, Rail Professionals Seek Passage of Railway Reform Bills

Current Nigerian railway development strategy, unsustainable without legal and regulatory reforms Abuja, 5th Feb -ACCI: Transportation Minister, Rotimi Amaechi, Abuja Chamber of Commerce and Industry and railway professionals have called for an urgent passage of various railway bills before the National Assembly to open up the sector for private sector participation. They spoke on Thursday […]

Korean Ends WTO Bid, Clearing Path for Nigeria’s Okonjo-Iweala

South Korean Trade Minister Yoo Myung-hee withdrew her bid to lead the World Trade Organization, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the only remaining candidate for the job and setting up a key decision by WTO members to approve her appointment. Yoo decided after discussions with the U.S. and other major nations, and […]

IMF Foresees Improved Capital Spending in Nigeria

The International Monetary Fund (IMF) has projected that Nigeria’s capital spending will improve this year while anticipating that financing the country’s deficit will remain a challenge with its huge debt servicing burden. The IMF, in its updated ‘Fiscal Monitor’ report titled: ‘Government Support is Vital as Countries Race to Vaccinate,’ released yesterday, projected overall fiscal […]

Experts List Ways to Tackle Nigeria’s Economic Woes

Financial experts and other economic stakeholders have stressed the need for the government to create policies and implementation strategies to tackle the challenges posed by the coronavirus pandemic while providing an enabling environment for investments to thrive. These, according to them, would enable Nigeria to snap out of recession and improve the standard of living […]

VFD Eyes Diaspora Remittance with Expansion of Operations in Africa

VFD Group, a financial service focused proprietary investment company, has expressed commitment to expand to more African countries to enhance Nigeria’s Diaspora remittances. The Group Managing Director/Chief Executive Officer, VFD Group Plc, Mr Nonso Okpala, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos. Okpala said the company […]

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