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Thursday, September 24, 2020

How NIPRD is redefining African traditional medicines’ response to COVID-19 — DG

Abuja, Aug. 30, 2020 The National Institute for Pharmaceutical Research and Development (NIPRD) says its research and development activities have redefined response of African traditional medicines to the COVID-19 pandemic. NIPRD Director-General, Dr Obi Adigwe, made this known in a statement on Sunday, ahead of...

Nigeria need to diversify power sector to attain constant electricity supply -MD, Lumos Nigeria

Despite the efforts of several administrations, inadequate and unstable power supply remains one of the major problems in Nigeria. In this interview with Udeme Akpan, Managing Director, Lumos Nigeria, PejuAdebajo, who spoke on a wide range of issues, makes a case for the massive...

Consolidation possible, but no new banking crisis in Nigeria, says Fitch’s Dissanayake

A combination of the oil price decline and Covid-19 has prompted international rating agency Fitch to downgrade Nigeria’s banking sector to negative but the medium-term outlook is relatively stable, says Mahin Dissanayake, senior director, banks, Africa and the Middle East, Fitch. Interview by Rafiq...

NECA calls for concerted efforts to boost economy

By Esenvosa Izah Lagos, Aug. 24, 2020 The Nigeria Employers’ Consultative Association (NECA) has called for concerted efforts by all stakeholders to move the nation’s economy away from a downward slide. The Director-General of NECA, Mr Timothy Olawale, made the call on Monday in Lagos following...

Elumelu Advocates Collaborations to Boost Africa’s Fortunes, tips Continent as Key Investment Destination

The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This...

Chevron’s $13 billion takeover of Noble Energy is biggest oil deal of the year, CEO Michael Wirth

New York- Chevron CEO Michael Wirth isn't a fan of bidding wars. Last year, Wirth wisely walked away when smaller rival Occidental Petroleum (OXY) swooped in to outbid Chevron for shale driller Anadarko Petroleum in a deal worth $58 billion. The experience paved the way for...

CBN should explore opportunities in taking a frontal role in adoption of its own Nigerian Made Digital Currency – TundeBuremo

Tunde Aderemi Ibrahim, popularly known as TundeBuremo is the Chief Executive Officer (CEO) of LoadNG Automated Systems, a Nigeria-based cryptocurrency company expanding its reach in Nigeria and other African countries. In this interview with NIYI OYEDEJI, he speaks about the possible positive impacts of...

My growth plans for 9Mobile, CEO Sinfield

Nigeria’s fourth telecom operator, 9mobile, has appointed a new Chief Executive Officer, CEO — Alan Sinfield. Sinfield, a seasoned telecoms expert, has held leadership roles at numerous mobile, fixed-line and broadband data operators as well as retail, media, and wholesale distribution businesses across emerging markets...

With BUA Group as major shareholder, PW Nigeria will capture untapped potentials of Nigeria’s mining sector – Chris McQuillan

Chris McQuillan, Mining Director at PW Nigeria, a returning gold sponsor at the upcoming Nigeria Mining Week in Abuja from 26-28 October. Chris McQuillan, Mining Director, PW Nigeria Let’s start with some background on PW Nigeria, your activities and your aims for the Nigerian mining sector? PW...

CEO. Adeduntan Says Nigerian lenders are offering customers access to low interest funds

As part of measures to cushion the impact of the coronavirus pandemic, the Chief Executive Officer, FirstBank Nigeria, Dr. Adesola Adeduntan, has disclosed that banks are currently offering customers access to low interest funds. In addition, he said banks have been restructuring the loans of...
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