The Board of Directors of the African Development Bank (AfDB), has approved a 50-million-dollar Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the AfDB and the Standard Chartered Bank. A statement issued by the bank on Tuesday, said the…
Dr Tunde Adeoye, a Senior Lecturer, Department of Economics, University of Lagos, has advised the Federal Government to reduce its annual budget in order to stem mounting debt profile in the country. Adeoye, an Associate Professor, gave the advice in…
Gov. Victor Ikpeazu of Abia State on Wednesday said that female accountants must be encouraged and supported, for more transparency and turn around in the Nigerian system. Ikpeazu spoke at the investiture of the 10th National Chairperson of the Society…
The Ogun State Government has engaged relevant stakeholders across Ministries, Departments and Agencies (MDAs), to review the Medium-Term Sectoral Strategy (MTSS 2021-2023) for improved efficiency of the document in subsequent years. Commissioner for Budget and Planning, Mr. Olaolu Olabimtan while…
Stanbic Africa Holdings Limited (SAHL), a wholly-owned subsidiary of Standard Bank Group Limited, has increased its stakes in Stanbic IBTC Holdings PLC, a company trading its stocks on the Nigerian Exchange Limited (NGX). According to a statement signed by the…
Prof. Uche Uwaleke has expressed optimism of rates retention at the 281st meeting of the Monetary Policy Committee (MPC) due to the current pressure in the foriegn exchange market. Uwaleke, a Professor of Finance and Capital Market at the Nasarawa…
Heritage Bank Plc and seven other banks have provided a total of N15.5billion to assist SCOA Nigeria Plc for the importation and supply of MAN Platform Trucks and equipment to Julius Berger Nigeria for construction of 380km Abuja-Kaduna-Kano roads and…
First Bank of Nigeria Ltd., has won the Global Finance ‘Private Bank of the Year 2021’ award. The Deputy Managing Director of the bank, Mr Gbenga Shobo, disclosed in a statement made available to the Nigerian NewsDirect on Monday in…
A member of the Lagos State House of Assembly, Setonji David, has said that the state will go ahead with the implementation of its recently assented VAT Law despite a stay of execution by the Appeal Court in Abuja last…
Kaduna State has developed toolkits for implementation of the World Bank-supported Framework for Responsible and Inclusive Land-Intensive Agricultural Investments (FRILIA) principles. Dr Yahaya Ibrahim, one of the FRILIA consultants, made this known in Kaduna on Monday, at the training of…
