Afreximbank, First Bank sign 0m facility agreement to finance clients’ needs

  By Okeoghene Akubuike   Afreximbank and First Bank of Nigeria(FBN) have signed a 200 million dollar facility agreement for financing the needs of FBN’s numerous clients. The News Agency of Nigeria (NAN) reports that the signing took place at the ongoing 31st Afreximbank Annual Meetings (AAM2024) in Nassau, TheContinue Reading

African Caribbean free trade agreement requires multi-faceted approach- Minister Uzoka-Anite

By Okeoghene Akubuike Dr Doris Uzoka-Anite, Minister of Industry, Trade, and Investment (FMITI), Nigeria, says developing the African Caribbean Free Trade Agreement will require a multi-faceted approach. Uzoka-Anite said this at a Plenary Session: “Towards An Afri-Caribbean Free Trade Agreement: The Pathway to Self-Determination” at the ongoing 31st Afreximbank AnnualContinue Reading

AGIS 2024: Stakeholders urge investment, innovative energy reforms in Africa

By Lucy Ogalue Stakeholders say technological innovation, substantial investments, and effective policy frameworks are critical to securing Africa’s sustainable energy future. The stakeholders spoke at the Africa Gas Innovation Summit (AGIS) 2024, held in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the summit’s theme is “IgnitingContinue Reading

Diaspora investment crucial for national development – Expert

By Angela Atabo The Chairman of Silicon Valley Nigeria Economic Developments, Chief Amina Labinjo-Ajayi, has called on the Federal Government to leverage diaspora investment and entrepreneurship for national development. Labinjo-Ajayi, who is also a U.S.-based humanitarian expert, made the call during an online meeting with journalists to mark Nigeria`s 25thContinue Reading

Experts list ways to boost Nigeria’s natural gas production

  By Rukayat Moisemhe Some experts have called for a well-articulated and sustainable programme to decentralise the power sector regulatory environment and incentivise investors to boost natural gas production in Nigeria. They said this at the American Business Council (ABC) Economic Update with theme: “Energising Nigeria: Navigating Challenges, Harnessing Opportunities,”Continue Reading

Heads of State, Ministers discuss economic prosperity at Afreximbank meetings

By Okeoghene Akubike Heads of State, Ministers, government officials, and renowned captains of industry have gathered at the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) in Nassau, The Bahamas. The meetings, holding from June 12 to June 15, would be hosting no fewer than 2,000 delegates, the News AgencyContinue Reading