News - Business and Economy :: Africa Independent Television - AIT

News - Business and Economy

Osinbajo Meets Lagos Chamber Of Commerce

5 months ago /

The Lagos Chamber of Commerce and has told the federal government that the overlap of regulatory functions of government agencies inimical to doing business in the country.

Nigeria Oil And Gas Summit Opens In Abuja

5 months ago /

Nigeria international petroleum summit 2018 is on-going, the event which started monday is excepted to create the platform for the world to meet nigeria’s oil and gas industry players. The meeting is between key nigerian political decision-makers, government officials as well as specialists in the industry.   The summit is expected to end...

FG Says It Is Committed To Attracting More Investments To Nigeria

6 months ago /

The Nigerian Government says it will continue to sustain efforts at rebranding the Nigeria nation for it to attract foreign investments to the country. Addressing the 2018 Annual Marketing Conference of the National Institute of Marketing of Nigeria in Abuja on Friday, the Minister of Industry, Trade and Investment, Okechukwu Enelamah,...

Osinbajo Attends Kogi Economic Summit

6 months ago /

Vice President Yemi Osinbajo says the prudent management of  resources and the firm stand against corruption,  have set President Muhammadu Buhari’s leadership from others. 

House Of Representatives To Probe Bank Of Industry

6 months ago /

Nigeria’s house of representatives is to probe the alleged financial improprieties at the bank of industry from 2010-2015 including the sale of its shares in WAMCO without due process.

VP Osinbajo Inaugurates Economic Recovery And Growth Plan

6 months ago /

Vice President Yemi Osinbajo has inaugurated the economic recovery and growth plan focus labs.

Bitcoin Drops Below $6,200 For First Time In Three Months

6 months ago /

Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency that, with a collapse across global mainstream markets adding to the selling. The virtual currency fell to $6,190 for the first time since mid-November, according to Bloomberg News, and...

Cross River, Equatorial Guinea Partner On Trade And Commerce

6 months ago /

Cross river state government has expressed it's readiness to partner with neighbouring Equatorial Guinea on trade and commerce to improve the relationship between the state and it's neighbour.

AFDB To Invest $56 Billion In Creating Industries Across Africa

6 months ago /

The Africa Development Bank says about fifty six billion dollars will be invested in creating industries and markets to grow the GDP of Africa and provide employment opportunities for millions of unemployed youths on the continent.

NGO Commends UK For Return Of Malabu Funds

6 months ago /

The Africa network for environment & Economic Justice, ANEEJ, has commended United Kingdom for the return of $73million which translates to about N21.1 billion of the Malabu funds to Nigeria by the UK.

Bauchi Governor Defends Buhari On Economic Management

6 months ago /

Unlike Greece which has been battling with its economy since the country went into recession in 2009, the story of Nigeria is that of a historic exit from recession under two years. 

Osinbajo On Africa's Economic Transformation

7 months ago /

Vice President Yemi Osinbajo says Africa's economic transformation is currently being driven by ambitious businessmen and women who are stepping beyond national borders and going global. Professor Osinbajo said this at the inaugural Africa Rising lecture of the Harvard University business school in Cambridge Massachusetts, U.S.A. on Tuesday. The Vice President spoke...

Oil Propels Nigerian Shares To 9-Year Peak

7 months ago /

After shying away from Nigeria following the 2014 oil crash, investors started taking interest in the country again last year when the central bank introduced a special trading window for foreign portfolio investors. The banking and pension sectors were the top-performing indexes of 2017, according to the Nigerian Stock Exchange...

Cross River State Set To Commence Banana Export – Governor Ayade

7 months ago /

As part of a strategy aimed at turning the state's economy around, cross river governor, prof. Ben Ayade says  the state will soon commence the export of its 'grand nain' species of banana. The governor stated this when he paid an unscheduled visit to ascertain the status of crops in the...

Osinbajo Says MSME Is New Business Direction In Nigeria

7 months ago /

Vice President Yemi Osinbajo says there is a new orientation on how to grow business in Nigeria. Speaking at a meeting convened to review the implementation of the micro small and medium enterprises clinic in the out-going year, Professor Osinbajo congratulated the implementing agencies for quality service delivery. The review session was...

Angola, Nigeria To Strengthen Relations

8 months ago /

The president of Angola, Joao Lorenco has promised to strengthen the existing relations between his country and Nigeria. President Lorenco gave the assurance at a colourful ceremony at the presidential villa in Luanda when the new Nigerian ambassador to Angola, Adesesan Olatunde presented his letters of credence to the president. Ambassador Olatunde, decked in...

Indonesia To Invest In Nigeria's Economy

8 months ago /

Indonesia ambassador to Nigeria, Harry Purwanto says his home government is ready to invest in Nigeria’s solid minerals and mining sub-sector. The Indonesian envoy said this during the signing of a memorandum of understanding, MOU between Nigeria and Indonesia owned mining corporation, P.T. Timah which is set to invest billions of...

Cross River To Organise Green Economy Summit In 2018

8 months ago /

The Cross River State Government has called on local,, regional and international stakeholders in climate change project  to support the state's quest to prevent the remaining fifty percent of the tropical rainforest in Nigeria to this end, the state is organising a global summit  on climate change and green economy...

NESREA Advocates Green Economy

8 months ago /

The Nigerian government says an inclusive green economy focused on ending widespread environmental and health risks is an alternative to the current environmental degradation. The director general, National Environmental Standards And Regulations Enforcement Agency (NESREA) Lawrence Anukam said this while briefing journalists on the forthcoming conference of key players in environmental...

Hungary Eyes Nigerian Crude Oil, LNG

8 months ago /

The Hungarian Government has indicated interest to purchase crude oil and Liquefied Natural Gas (LNG) from Nigeria. The Hungarian Ambassador to Nigeria, Professor Gabor Ternak, disclosed this on Tuesday during a visit to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, in Abuja. In a statement...


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