| IoD Nigeria Inducts 90 New Members |
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The president and Chairman of Council of the Institute of Directors Nigeria, Dr. (Mrs.) Ije Jidenma, F.IoD has laid the onus of responsibility and good corporate governance for business success and sustainability on the heads of the newly inducted members of the Institute... |
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Nigeria’s GDP Grows 5.01% in Q2 2021, Highest In Six Years
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Nigeria’s gross domestic product (GDP) has seen a sharp increase of 5.01 percent in the second quarter of 2021, the highest economic growth recorded under the Muhammadu Buhari administration in six years. The National Bureau of Statistics, in its Q2 GDP report, said the 5.01% growth rate recorded year on year, was higher than the -6.1% growth recorded in Q2 2020 and the 0.51% recorded in Q1 2021. The index marked three consecutive quarters of growth following the negative growth rates recorded in the second and third quarters of 2020... |
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PIA: Attracting new investment may be difficult, says report
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Following the signing of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.), Fitch Solutions Country Risk & Industry Research has said attracting new oil and gas investment to Nigeria over other destinations is likely to be a race as decarbonisation efforts divert more capital to alternative energy and high margin barrels... |
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39 million Africans may fall into poverty this year, says Adesina |
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President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has warned that another 39 million people in the continent could fall into poverty at the end of this year. Adesina stated this at the ongoing virtual Africa Singapore Business Forum. He said the 39 million people could pass on as an added number to 30 million individuals rendered poor by the COVID-19 pandemic... |
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