SPEECH DELIVERED BY THE HON. MINISTER OF INDUSTRY, TRADE AND INVESTMENT, OTUNBA NIYI ADEBAYO, CON AT THE PRESS BRIEFING ON COVID-19 PANDEMIC

SPEECH DELIVERED BY THE HON. MINISTER OF INDUSTRY, TRADE AND INVESTMENT, OTUNBA NIYI ADEBAYO, CON AT THE PRESS BRIEFING ON COVID-19 PANDEMIC TO CURTAIL ITS NEGATIVE IMPACT ON THE MANUFACTURING, TRADE AND RELATED SECTORS OF THE ECONOMY ON MONDAY, 6TH APRIL, 2020   Gentlemen of the Press: As you are all aware, on Sunday, March…

REPRIEVE FOR NIGERIA AS OIL PRICES JUMP ON TRUMP’S INTERVENTION SAUDI/RUSSIA MAY CUT PRODUCTION, END PRICE WAR.

Oil prices jumped on Thursday after United States President Donald Trump said he expected Saudi Arabia and Russia would agree to capping oil production, providing much reprieve to countries like Nigeria worst hit by the scramble for bigger market share among producers. Brent, the internationally traded benchmark crude, traded at $33.44, up $8.70 a barrel…

HOW NIGERIAN COMPANIES, GOVERNMENT CAN RESPOND TO COVID-19 – MCKINSEY

There are four critical steps that Nigerian companies could take to ensure business continuity while the government must prioritise five things amid the ongoing coronavirus-induced economic meltdown, according to global consulting firm, Mckinsey & Company. Mckinsey’s recommendations, published this week, are based on the firm’s discussions with risk and health professionals in more than 200…

ADDRESSING INFRASTRUCTURE CHALLENGES IN AFRICA: VIEWS OF IMPACT INVESTORS

The role of infrastructure in economic development cannot be overemphasised. Therefore, many African countries still lag behind in terms of development because of inadequate infrastructure. Impact investors have played key roles in revamping infrastructure. The need and opportunity for private investment in Sub-saharan Africa (SSA) infrastructure are great. But significant barriers to scaling up such…