Daily Archives: November 15, 2023

UBA’s $6bn partnership with AfCTA to boost trade across Africa … LCCI Lauds bank’s contribution to growth of African economies

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has restated its committment towards deepening Intra-Africa trade to attain self-reliance and economic development.
According to the bank, it is important for Africa to be deliberate about the economic liberation drive of the continent.

Kyari calls for adaptation to changing energy landscape …Advocates diversified energy portfolio

The GCEO, NNPC Ltd, Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape.

Africa should reposition energy industry for the future – Roger Brown

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said.

Rewane sees inflation grow 108bps to 27.8% October, fuel by high food prices

As the National Bureau for Statistics (NBS) gets set to release data on inflation rate today, Bismarck Rewane, Chief Executive Officer (CEO) of Financial Derivatives Company (FDC) Limited, says, inflation for the month of October may rise by 1.08 per cent or 108 basis points (bps) to 27.8 per cent.

Naira scarcity raises fears as apex bank keeps mute

The lingering naira scarcity in most banks in the country is raising pre-election fears, with Nigerians wondering aloud what is amiss, even as the Central Bank of Nigeria (CBN) has kept mute.