A year after the agreement establishing the African Continental Free Trade Agreement (AfCFTA) was presented for signature, along with the Kigali Declaration and the Protocol on Free Movement of Persons, Right to Residence and Right to Establishment, implementation of the agreement remains delayed over the inability to achieve required number of ratifications. Twenty-two (22) ratifications […]
The post One year after, AfCFTA seeks last ratification to kick off agreement appeared first on The Guardian Nigeria News – Nigeria and World News. …
Lagos Chamber of Commerce and Industry
2019 forecast: OPS releases action points
Worried by the poor economic fundamentals in the last quarter and the possible consequences for the first quarter of this year and beyond, the organised private sector (OPS) has suggested some action points to get the economy back on track post-2019 elections, report Ibrahim Apekhade Yusuf and Charles Okonji THERE are worries about the fate […] …
Why NBS economic growth report is wrong, by experts
The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.
The post Why NBS economic growth report is wrong, by experts appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
FG to review salaries of workers earning above minimum wage
President Muhammadu Buhari yesterday inaugurated an advisory technical committee for the implementation of the proposed N30, 000 new minimum wage for Nigerian workers.
The post FG to review salaries of workers earning above minimum wage appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
N800b debt: Stakeholders seek end to fuel subsidy regime
Adewale Sanyaolu Stakeholders in the oil and gas industry on Sunday demanded an end to the Petroleum Subsidy Fund (PSF) scheme, warning that the N800 billion debt servicing to oil marketers was unsustainable. They equally advocated a total deregulation of the downstream sector of the petroleum industry as its would unlock the huge private investment […]
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How NDIC should pay customers of failed banks – Ruwase, LCCI boss
“We call for more credit to the private sector from banks and sustaining trajectory for initiation of special intervention with grants and low interest loans…” Omodele Adigun As the Nigeria Deposit Insurance Corporation (NDIC) commenced claim verification of the customers of the recently liquidated 154 microfinance banks (MfBs) and six Primary Mortgage Banks (PMBs), Mr Paul Ruwase, […]
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America’s $1.3bn investment in Nigeria threatened – Consul General
United States High Commission Consul General John Bray has said an estimated $1.3billion American businesses in Nigeria are currently under threat. The threats, according to him, are coming from instability in exchange rate, policy inconsistency, poor electricity, dearth of infrastructure, regulatory and security issues. Bray spoke in Lagos at the 2018 International Investment Conference with […]
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LCCI supports SMEs through trade promotion, policy advocacy
The Lagos Chamber of Commerce and Industry (LCCI) has reiterated its commitment to the growth of Small and Medium Enterprises (SME) through policy advocacy and promotion of their goods and services. The President of LCCI, Babatunde Ruwase, gave the assurance on Thursday in Lagos at the 2018 LCCI Members’ Day Exhibition and Networking. Ruwase saidRead More
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