Economy

The Board of Directors of Ecobank Transnational Incorporated (ETI) has announced the appointment of Patrick Akinwuntan as the Managing Director & Regional Executive – designate of Ecobank Nigeria, subject to applicable regulatory approvals.Prior to this appointment, Patrick was the Group Executive, Consumer Banking responsible for leading the Consumer Banking business across Ecobank’s global network of 40 countries, 36 of which are in Africa. As a seasoned banker with over 20 years of senior and executive …

Twitter, Inc. Thursday announced the appointments of Ngozi Okonjo-Iweala, Nigeria’s former 2-time Minister of Finance and Robert Zoellick, a former president of the World Bank, to Twitter’s Board of Directors as new independent directors, effective immediately.

By Tony Obiechina    Nigeria has became the second country to announce plans to take a country pavilion at the Intra-African Trade Fair (IATF) being organised by the African Export-Import Bank (Afreximbank) in Cairo from 11 to 17 December. Vice President, Prof Yomi Osinbajo who made the announcement during an engagement session …

President Muhammadu Buhari has appointed Dr. Muiz Banire as Chairman of the Governing Board of the Assets Management Corporation of Nigeria (AMCON).

Sub-Saharan Africa has Nigeria to thank for better economic growth prospects next year. The region’s economy will probably expand 3.8 percent in 2019, the International Monetary Fund said in its World Economic Outlook update released Monday, reports Bloomberg.

  The National Identity Management Commission (NIMC) has partnered the Kaduna State Government in the launch of its Residency Card Registration Programme.

 By Tony Obiechina    The African Export-Import Bank (Afreximbank) has entered into a cooperation with Aenergy to develop a low carbon sustainable economy and a climate finance strategy to support projects and national initiatives in the sector across Africa. The cooperation agreement, signed on the sidelines of the Afreximbank Annual …

  By David Pilling Africa’s richest man talks about his yacht in Lagos, his ambitious oil refinery — and his dream of buying Arsenal football club. As a rule, I don’t get worked up over oil refineries. But the one gradually taking form on 2,500 hectares of swampland outside Lagos, …

 Yemi Akinsuyi   The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that for any country to achieve efficiency at its ports, intermodal transport system is an essential factor to consider.

Yemi Akinsuyi   The Consumer Protection Council, CPC, has called for vibrant competition of goods and services in order to promote innovation, small businesses, value for money, fair prices, standards and choice.