Business

The Minister of Finance, Mrs. Kemi Adeosun, has said the thought of saddling future generations with unserviceable debts is not part of the President Muhammadu Buhari-led administration’s agenda. Adeosun stated this in an article entitled, ‘The debt debate: Deconstructing the debt story’, in which she explained the debt history, the short-term strategy and the medium to long-term outlook for the economy. She said anyone who thought that the economy the administration inherited in 2015 was in need of minor adjustment…
Hundreds of operators of Small and Medium Enterprises (SMEs) and big players like Dangote displayed their wares as the Abuja Chamber of Commerce and Industry (ACCI) formally declared open its 12th International Fair in Abuja yesterday. The Minister of the Federal Capital Territory, Mohammed Bello, formally declared open the fair. Bello, who was represented at the fair, expressed satisfaction with the level of business development that it facilitated in the past. The incoming National President of the ACCI, Prince Adetokumbo…
Public Private Partnerships (PPPs) contracts will no longer be shrouded in secrecy as the Federal Government has launched a framework to ensure that the general public has access to PPP contract information. The PPP Disclosure Framework is online-based and hosted on the ICRC web portal sponsored to be accessed by the general public. The project was executed by the Infrastructure Concession Regulatory Commission (ICRC) in partnership with the World Bank after consultations from the Ministries, Departments and Agencies, the PPP…
Frontline businessman Jim Ovia has been honoured as a leading entrepreneur in Africa by the African-American Institute (AAI). Ovia, Chairman of Zenith Bank PLC and philanthropist, on Tuesday night, received the AAI 2017 Business Leader Award at a ceremony held on the sidelines of the ongoing United Nations General Assembly in New York, the United States. He was recognised for impacting hugely on enterprise and human resource development on the continent. Ovia, founding Group Managing Director and CEO of Nigeria’s…

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