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Business
UK Labour Productivity drops (Q2, 2021)
Labor productivity in the UK as measured by output per hour fell by 0.5 percent on quarter in April-June 2021, following a revised 0.4 percent increase in the previous three-month period.
Hours worked rose by 5.4 percent, while…
NGX Equities Market index falls by 0.04%
The Nigerian Exchange (NGX) equities market started the week in the negative as the all-share index declined by 0.04% to close at 39,505.40 points, while the market capitalization dropped by N9 billion to close at N20.582 trillion as…
Mines And Steel Minister seeks enabling environment for investors
The Minister of Mines and Steel Development, Olamilekan Adegbite, has called on state Governments to create an enabling environment for investment to thrive.
Adegbite said that as chief security officers of their various states, it was…
Pension Industry Net Assets to hit N20trn in two years-Report
The Nigerian pension industry’s net asset is projected to hit the N20 trillion mark by 2023, a study has shown.
According to Agusto & Co.’s newly released 2021 Pension Industry report and survey, the growth in the industry’s managed…
VAT Collection : FIRS Appeals Rivers State Court Judgment
The Federal Inland Revenue Service (FIRS) has appealed a recent judgment of the Federal High Court in Port Harcourt Rivers State on the issue of Value Added Tax (VAT)collection.
The FIRS disclosed this in a statement by its Director,…
AfDB COVID-19 Off-Grid Recovery Platform reaches financial close for $20 million SEFA investment
The African Development Bank (AfDB) says it has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) for the Covid-19 Off-Grid Recovery Platform (CRP).…
NGX: Benchmark index advances by 0.08%
Equities trading on the last weekday of trading on the Nigerian Exchange (NGX) closed in the positive territory with the All-Share index appreciating by 0.08% to close at 39,552.34 points just as the Market capitalization rose by N17…
Covid-19: Support Fund seeks $50m to mitigate Economic difficulties
The Nigeria Solidarity Support Fund (NSSF), a platform established to supplement efforts to mitigate the adverse economic effects of the COVID-19 pandemic is seeking $50 million to implement its programmes.
NSSF is a non-profit…
Women Entrepreneurs dominate Digital Business in Africa – Research
A new study conducted by MasterCard has shown that women entrepreneurs across the world and in the Middle East and Africa (MEA) are leading the way in tapping into the power of the digital economy to succeed and grow.
This is despite the…
Digital Economy: Nigeria establishes over 1,667 ICT centres, develops 16 policies
The Nigerian Government says it has established more than one thousand six hundred and sixty seven (1,667) Information and Communications Technology (ICT) centres and developed sixteen (16) ICT policies within two years.
This, it…