Tony Chukwunyem
Unabating inflationary pressures and the rise in the cost of living will likely result in Nigeria recording marginal real economic growth of 2.8 per cent and three per cent in 2023 and 2024 respectively, PwC…
Tony Chukwunyem
The Nigeria Deposit Insurance Corporation (NDIC) has said it is set to pay first liquidation dividend to ex- staff and depositors of the defunct Peak Merchant bank. The Corporation made the announcement in a statement…
Tony Chukwunyem
Nigeria could establish itself as a dominant player in intra-African trade, if it effectively leverages the African Continental Free Trade Area (AfCFTA) agreement, analysts at the Research Department of Coronation Merchant Bank have said. The…
Tony Chukwunyem
Founder and Chief Consultant of B. Adedipe Associates Limited (BAA Consult), Dr. ‘Biodun Adedipe, has described the removal of fuel subsidy as an “inevitable” step that the Federal Government had to take, “given the humongous…
Tony Chukwunyem
Emerging markets face a more volatile and uncertain future, and must rebuild fiscal buffers, boost revenues, diversify trade and gird for trillions of dollars in annual climate change costs, the International Monetary Fund’s (IMF) First…
Tony Chukwunyem
The African Development Bank Group (AfDB) has announced a 15-month debarment of Beza Consulting Engineers PLC and Mr Gidey Gebrezgabher Gebremariam, effective from 21 August 2023. In a press release, the AfDB said that Beza…
Tony Chukwunyem
Civic-tech organization leading the advocacy for accountability, transparency, and effective service delivery in Nigeria BudgIT, has announced the 2023 recipients of its GovSpend Media Fellowship. According to a press release, after a rigorous selection process,…
The country’s Purchasing Managers’ Index (PMI) fell for the third month in a row to 50.2 in August from 51.7 in July, Stanbic IBTC Bank’s latest Nigeria PMI report has said. The report attributed the…
The Economist Intelligence Unit (EIU) has said that the high inflation and interest rates in Africa could continue to weigh on growth and investor confidence over 2023-2024. The research and analysis division of the Economist…
Tony Chukwunyem
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, recently concluded its SME Collab Market Storm events, which took place between July 13 and August 14 and spanned across major cities in the…