Business News
Afreximbank, NEXIM sign $50m fund MoU to stimulate local industries
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a fund The post Afreximbank, NEXIM sign $50m fund MoU to
Experts flay CBN’s FX management approach, seek end to price-fixing
Chief Executive Officer, EFG Hermes Nigeria, Lilian Olubi, has said that the price-fixing regime in the foreign exchange (forex) market is a deterrent to Foreign Portfolio Investors The post Experts
ITF selected to lift 100m Nigerians out of poverty
The Industrial Training Fund (ITF) has been chosen among the few agencies requested by the Federal Government to tender submission on how 100 million Nigerians The post ITF selected to
NLNG Train 7 Project: Wabote calls for participation of local companies
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, in support of President Muhammadu Buhari administration’s drive for the expansion The post NLNG Train 7 Project:
‘Nigeria’s natural resource export shrinking economy’
Minister of State for of Science and Technology, Mohammed Abdullahi has advocated a synergy among the government, industry and academia to diversify the economy. The post ‘Nigeria’s natural resource export
Mobile money transactions rise by 65% in 2020
Mobile Money transactions rose by 65 per cent in 2020 with accounts across the globe hitting 1.2 billion. The Global System for Mobile telecommunications Association (GSMA) disclosed this yesterday…. The
Ecobank Group posts N641.8 billion revenue in 2020
Ecobank Group has recorded revenue of N641.8 billion in its 2020 operations against N586.9 billion achieve in the corresponding period of 2019. The post Ecobank Group posts N641.8 billion revenue
Buhari’s aide, Okpeke, others examine risks, benefits of AfCFTA
Stakeholders have highlighted the importance of public-private partnership (PPP) in boosting Nigeria’s participation in regional and global trade. They also noted that Nigeria’s active involvement in the Africa Continental Free
NNPC yet to remit N4.07 trillion from 2015/2016 crude sales
A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may have failed to remit N4.07trillion revenue from domestic crude oil
