Africa’s Global Bank, United Bank for Africa (UBA) Plc, and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at strengthening business growth and enhancing economic cooperation between…
The Lagos State Governor, Mr Babajide Sanwo-Olu wooed investors at the African Business Forum, stressing that the State needs more investments in rail infrastructure, airport projects and waterways transportation, among other areas. He said Lagos Government had continuously reviewed its…
A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the South-east zone of Nigeria received the lowest allocation from the 13 percent derivation revenue payment. The 13 percent derivation fund is a fund distributed to oil-producing…
The Central Bank of Nigeria (CBN) has directed all its branches across the country to continue to issue different denominations of the old and redesigned banknotes in adequate quantities to deposit money banks. The apex bank has also maintained that…
The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve agro allied-industries development…
By Seun Ibiyemi The Maritime Workers Union of Nigeria (MWUN), on Wednesday, said it will commence a nationwide strike by midnight, Tuesday 14th November, 2023. The nationwide strike was coming against the backdrop of the Nigeria Labour Congress (NLC) and…
The Federal Government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it sets out to unveil the Equipment Leasing Registration Authority. The Chairman of ELRA, Saidu Njidda, who announced…
By Matthew Denis In a bid to enhance employment opportunities and create jobs for Small and Medium Enterprises (SMEs), a United Kingdom based Nigerian Enterprenuer, Mr. Temitope Emmanuel Amujo has concluded plans to launch a FinTecH app called ‘finREMIT’ in…
By Seun Ibiyemi The Federal Government has urged African leaders on the need to prioritise the Blue Economy stating that the blue economy holds the key to Africa’s prosperity. President Bola Ahmed Tinubu while speaking at the 43rd Annual Council…
The Debt Management Office (DMO), on Monday released two New Federal Government of Nigeria (FGN) savings bond offers for subscription. According to the DMO, the first offer is a two-year FGN savings bond due in Nov.15, 2025 at interest rate…
