Business Planning

Showing: 171 - 180 of 210 Articles
Business Planning General News

Don’t blame Tinubu for current economic hardship – Sanusi

Abuja, Sept. 5, 2023 – Muhammadu Sanusi, a former Emir of Kano, says it be unfair to blame President Bola Tinubu for the current economic hardship in the country. He said the hardship was caused by the badly managed economic policies of the immediate past administration of Muhammadu Buhari. Sanusi barred his mind during an Islamic programme in Abuja on Sunday. Sanusi said the current administration made the right decision with removal of fuel subsidy to save the country from pits of debts dug by the past administration. “I have, …

Business Planning Delivery Services Foreign

Afreximbank, DR partner to support access of African brands into China

Cairo, Aug. 11, 2023 – The African Export-Import Bank (Afreximbank) and international consultants, Development Reimagined (DR) have entered into a partnership to promote the entry and sale of high-end sustainable African brands in China. The partnership is in continuation of their strategy to assist African businesses to increase their international presence.   The partnership, which includes a grant from Afreximbank, has seen Africa Reimagined (AR), a flagship programme created and managed by DR, introducing high-end value-added Made-in-Africa goods from such sectors as fashion, skincare and beverages to China. The AR team …

Business Planning Investment Money market

Tinubu plans to boost revenue, achieve 18 % tax-to-GDP

Abuja, Aug.  8, 2023 – President Bola Tinubu says his administration is committed to boosting revenue generation to achieve 18 percent tax-to-GDP ratio within three years.  Tinubu said this on Tuesday while inaugurating the presidential committee on fiscal policy and tax reforms, headed by Mr. Taiwo Oyedele.  He also expressed his commitment to breaking Nigeria’s cycle of excessive borrowing for public expenditures with the attendant debt burden. Ajuri Ngelale, the Special Adviser to the President (Media & Publicity), in a statement, said the president directed the committee to focus on …

Business Planning Investment

Turner, Mayor of Houston, seeks expanded trade with Nigeria

Abuja, July 19, 2023 – Sylvester Turner, the Mayor of Houston in the U.S., has called on the Federal Government to establish a Consular Office in Houston and facilitate direct flight to expand trade relations with Nigeria. Turner made the call in Abuja on Wednesday while addressing journalists about the outcome of his meeting with some government agencies and the business community during his business trip to Nigeria. Turner led a delegation from diverse sectors in Houston to seek ways of expanding trade, investment, and bilateral relations between Nigeria and …

Business Planning Investment Manufacturing/Industry

India to collaborate with Nigeria on energy transition – official

Abuja, July 18, 2023 – The Indian High Commission in Nigeria has promised that his country will collaborate with the Nigerian government in ensuring a smooth energy transition. Shri Balasubramanian, the India’s High Commissioner to Nigeria, made the promise during a visit to the Indian pavilion at the just concluded NOG Energy Week Conference & Exhibition 2023 in Abuja. He said that India was playing a good role in renewable energy. “We have some expertise on it and we hope to collaborate with Nigeria on it. I know there are …

Agriculture Business Planning

Coffee association launches Nigerian-Canadian Coffee Exchange Corridor

Lagos, July 11, 2023 – The West African Specialty Coffee Association (WASCA) has launched the Nigerian-Canadian coffee Exchange Corridor in the country. It is an initiative to strengthen bilateral trade between Nigeria and Canada and promote the remarkable diversity and quality of Nigerian coffee to the international market.  Larry Segun-Lean, the President of WASCA, expressed his enthusiasm for the Nigerian-Canadian Coffee Exchange Corridor, saying that the initiative marked an exciting chapter in the history of Nigerian coffee. Through this partnership, we aim to share our rich coffee heritage with the …

Business Planning

U.S. removes export duty on cocoa, others from Nigeria

Lagos, July 9, 2023 – The United States has announced the removal of export duties on cocoa and some other produce from Nigeria as part of the U.S. incentives to boost Nigerian economy. U.S. President, Joe Biden, announced this during the inauguration of the 2nd National Working Committee of Cocoa Farmers Association of Nigeria (CFAN). Biden was represented at the event by a member of U.S. Advisory Council on the Ease of Doing Business in Africa, Franklin Amao. He said the U.S had implemented African Growth and Opportunities Act which …

Business Planning General News Investment

U.K now regards Nigeria a big opportunity – envoy

Abuja, June 21, 2023 – Richard Montgomery, the British High Commissioner to Nigeria, says Nigeria is now highly regarded by his country due to the recent economic reforms by President Bola Tinubu. He said his country now considered Nigeria a big opportunity going forward. Montgomery expressed these sentiments while speaking to journalists after a meeting with Vice President Kashim Shettima at the Presidential Villa on Wednesday. He said the feedback he was receiving from his government and business community showed that the first few steps of this administration were being …

Business Planning Foreign Investment

Tinubu shops for foreign investments in France

France, June 21, 2023 -President Bola Tinubu has been scheduled to meet with at least three world leaders and some global financial institutions since his arrival in France in his bid to attract more foreign exchange and investors to Nigeria. President Tinubu arrived in Paris, the capital of France, on Tuesday evening to participate in the New Global Financial Pact Summit at Palais Brongniart from June 22 to 23, 2023. Dele Alake, Tinubu’s Special Adviser on Special Duties, Communication and Strategy, disclosed these developments on Wednesday while talking to journalists …

Business Planning General News Money market

Removal of subsidy: Inflation may rise to 30% by June end – Kale

Lagos, June 3, 2023 – Dr. Yemi Kale, a former Statistician-General of Nigeria, has predicted that inflation rate may rise to 30 percent by June end with the removal of petrol price subsidy. The inflation rate currently stands at about 22 percent as at April end, the third consecutive rise 2023 and the highest in the last 17 years. Kale announced his prediction in a Tweet on Friday night, indicating that the removal of subsidy would worsen the living conditions of Nigerians. The removal of the subsidy on petrol will, particularly  heighten …


Notice: ob_end_flush(): Failed to send buffer of zlib output compression (0) in /home/gbn/public_html/wp-includes/functions.php on line 5493