Business

Nigeria Records Improvement On Ease Of Doing Business Reforms

*Achieves 68% success rate  In furtherance of Buhari administration’s reform agenda to improve the business climate in the country through its ease of doing business initiative, the Presidential Enabling Business Environment Council (PEBEC) presented the National Action Plan 3.0 (NAP 3.0) scorecard, indicating an improvement on reforms aimed at making Nigeria a progressively easier place to do business. The performance ...

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Ecobank Group Partners With MTN To Deepen Financial Inclusion Across Africa

MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) enabling both companies  to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent. MTN’s large subscriber base, comprehensive distribution, innovative digital products and drive for mobile financial services are being linked with Ecobank’s trail blazing digital banking ...

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Nigerian Stocks Lose N150 Billion

Activities opened on the Nigerian Stock Exchange (NSE) on Monday in the  negative as the market capitalisation lost N150 billion and volume depreciated by 42.82 per cent. The News Agency of Nigeria (NAN) reports that amid losses by blue chips, the market capitalisation, which opened at N14.753 trillion, shed N150 billion or 1.02 per cent to close at N14.603 trillion. ...

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$1 Billion In Transactions Processed On Ecobank Mobile App In Africa

The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago. With over 4 million users, the Ecobank Mobile App is available to all, enabling users to open an Ecobank Xpress™ Account instantly on their mobile device (providing an easy ...

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Nigerian Economic Diplomacy Initiative Will Help Us Build A Vibrant, Competitive National Economy – Osinbajo

*Urges private sector, local businesses to leverage on initiative to expand globally *Says initiative will bridge gap between local talents & Nigerians in Diaspora The Vice-President, Yemi Osinbajo, says Nigerian economic diplomacy initiative will help build a vibrant, competitive national economy. Osinbajo stated this on Thursday at the launch of the Nigerian Economic Diplomacy Initiative at the Banquet hall, State House, ...

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Private, Public Sectors Must Work Together To Fast-Track Nigeria’s Growth And Development, Says Osinbajo

*Says Buhari administration committed to ensuring that identified projects are completed *Focus Labs will solve issues of bureaucratic delays, funding  Nigeria’s Vice-President, Prof.  Yemi Osinbajo, says private and public sectors must work together to fast-track Nigeria’s growth and development. Osinbajo stated this at the mid-lab syndication for the economic recovery and growth plan (ERGP) focus labs, held at the Sheraton ...

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Uber Reaches Settlement With Family Of Autonomous Vehicle Victim

The family of a woman killed by an Uber Technologies Inc [UBER.UL] self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez Hesano, attorney with the firm of Bellah Perez in Glendale, Arizona, said “the matter has been resolved” between Uber ...

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Bill Gates Faults FG’s Economic Plan

 …urges more investment in education, health The Co-Chair of the Bill and Melinda Gates Foundation, Mr. Bill Gates, on Thursday said the Federal Government’s Economic Recovery and Growth Plan was not reflective of the people’s needs. He also said the country would do better with strong investments in health and education, rather than concentrating on physical infrastructure to the detriment ...

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Investing In Our People Key To Economic Growth – Osinbajo

*Gates commends Buhari administration for “a series of smart policies to encourage private sector investment” *Nigeria’s growth driven by extracting natural resources and building on that through physical infrastructure, Dangote adds The successes recorded by its social investment programmes are clear indications that the Buhari administration’s Economic Recovery and Growth Plan (ERGP) is making progress, according to Vice President Yemi Osinbajo, SAN. ...

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Nigeria Hosts Third Africa Islamic Finance Forum

Following the huge success of its first and second editions in 2016 which attracted over 420 delegates, the 3rd Africa Islamic Finance Forum will return 27-28 March, at the Federal Palace Hotel, Lagos. It is hosted by Nigeria’s Ministry of Finance in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD). This exclusive, invitation-only event is ...

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