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Beneficiaries Of Subsidy Ready To Undermine Govt, Says VP Shettima

SHETTIMA made this disclosure in Abuja on Tuesday, September 5, at the 16th Annual Banking and Finance Conference organized by the Chartered Institute of Bankers of Nigeria (CIBN). He said the Bola Ahmed Tinubu administration remains committed to its decisions, policies, and programmes and vowed that the removal of subsidy …

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Foreign Investors Repatriate $5bn Dividend – CBN

FOREIGN firms repatriated $5.86bn from the Nigerian economy between October 2022 and March 2023, the Central Bank of Nigeria has disclosed. About $5.13bn was repatriated as dividends by foreign investors. In its ‘Economic Report, First Quarter 2023,’ the apex bank disclosed that higher dividend payments to non-residents further widened the …

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Tinubu Expected To speak At African Climate Summit

PRESIDENT Bola Tinubu is expected to speak today, September 5, at 11 a.m. during the third plenary session of the African Climate Summit, themed, “Charting a Vision: Investment Opportunities for Green Growth.” However, it is unclear who will represent the president as he is attending the G-20 Summit in India. …

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AfDB Commences Agro-industrialisation Programme

THE African Development Bank has said that phase two of the Special Agro-Industrial Processing Zones will revolutionize agricultural practices and shift Nigeria from an agrarian economy to an industrial society that is based on agribusiness. A statement made available to The PUNCH on Tuesday, and signed by AfDB said it …

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