The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI®) reveals a complex picture of the country’s private sector performance in November. Despite continued challenges, the survey shows a subtle uptick in business conditions compared to the previous month. The headline…
Global leaders rally for $120b African Development Fund in Abidjan
•Deputy CEO of Brigdewater Associates, Porter Diehl; Founder and CEO of Global Citizen, Hugh Evans; Prime Minister of Rwanda, Édouard Ngirente; Prime Minister of the Republic of Côte d’Ivoire, Robert Beugré Mambé; President of Guinea-Bissau, Umaro Sissoco Embaló; President of…
Hardship: Kano residents pray for peace, economic growth, stability
Worried by the current economic hardship and security challenges in the country, residents of Kano gathered on Monday to pray for peace, economic growth and stability. The prayer session which was held in various locations including Western Bypass, Hotoro, Charanchi…
Tinubu calls for collaboration to address global challenges
President Bola Tinubu has said collaboration and inclusiveness are key to achieving global food security, addressing collective challenges, and driving innovation across a chain of interests for a more stable world. Speaking during a high-level panel session at the World…
Electricity tariff hike ‘ll stifle businesses — Abuja Chamber of Commerce
The Abuja Chamber of Commerce and Industry (ACCI), has expressed concern over the recent increase in electricity tariffs, saying it could negatively impact on the ease of doing business in Nigeria. The President of ACCI, Mr Emeka Obegolu, said on…
Dialogue not violence will solve conflicts in Africa, says Obasanjo
Former President Olusegun Obasanjo has restated that dialogue and not any form of violence would help resolve various conflicts in Africa. Obasanjo stated this on Monday in Abeokuta at a youth leadership symposium with the theme “Opportunities for Peace: Roles…
My priorities are job creation, economic growth – Sanwo-Olu
The Lagos State Governor-elect, Mr Babajide Sanwo-Olu, has reiterated his commitment to make Lagos the economic capital of the black race. Providing job and entrepreneurial opportunities for the residents, Sanwo-Olu said, will aid his administration to achieve the goal. The…
Obi again laments Nigeria’s poor spending on education
A former Governor of Anambra State, Peter Obi, has again lamented Nigeria’s poor attitude to education; contending that the nation has not done well in the sector even when compared to some other African countries. He made the lamentation at…