By Okeoghene Akubuike The Afreximbank has signed a 150 million dollar trade finance facility agreement with United Bank for Africa (UBA) PLC, under the Ukraine Crisis Adjustment Trade Financing Programme for Africa. The News Agency of Nigeria(NAN) reports that the agreement was signed on the sidelines of the ongoingContinue Reading
By Abigael Joshua A UK firm, TEXEM, has described the appointment of Mr Abel Igheghe as the Technical Adviser (Downstream) to the Minister of State for Petroleum Resources (Gas) as putting a round peg in a round hole. TEXEM stated this in a statement on its website (www.texem.co.uk) by theContinue Reading
By Salisu Sani-Idris The Kingdom of Denmark and the Federal government have agreed to strengthen collaboration towards ensuring the success of green energy transition in Nigeria. The Denmark Minister for Development Cooperation and Global Climate Policy, Mr Dan Jorgensen, made this known in an interview with newsmen, shortly afterContinue Reading
By Olatunde Ajayi An Ibadan-based property merchant, Sufianu Kazeem, on Sunday urged Nigerians to support the efforts of the Bola Tinubu-led Federal Government to revive the nation’s dwindling economy. Kazeem told newsmen in Ibadan that Nigerians should not forget that the administration of President Tinubu inherited an economyContinue Reading
An African Collaborative Transit Guarantee Scheme designed to promote seamless movement of goods across multiple national customs borders has been unveiled by the African Export-Import Bank (Afreximbank). The News Agency of Nigeria (NAN) reports that the scheme – The Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) was inauguratedContinue Reading
By Rukayat Moisemhe The Governor of Lagos State, Mr Babajide Sanwo-Olu, says his administration will continue to place a high priority to provision of key infrastructure to make the state safer, more secure, and functional for businesses and lives. Sanwo-Olu, represented by Mr Bode Agoro, Head of Service, saidContinue Reading
By Okeoghene Akubuike Jean-Louis Ekra, Deputy Chairperson, Intra-African Trade Fair (IATF2023) Advisory Council, says the African Continental Free Trade Area (AfCFTA) can break Africa’s colonial legacy of exporting raw materials and importing finished goods. Ekra, former President of the African Export-Import Bank (Afreximbank), said this at the TradeContinue Reading
By Salisu Sani-Idris Vice President Kashim Shettima, has commended Access Bank for offering N30 billion discounted loan to 700,000 Micro Small and Medium Enterprises (MSMEs) in the country. Mr Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, Office of the Vice-President, in statement on Saturday, saidContinue Reading
By Florence Onuegbu Gov. Babajide Sanwo-Olu of Lagos State has described FMDQ Group Plc as a key partner in the economic development of the state and Nigeria as a whole. Sanwo-Olu said this at the 10th anniversary of FMDQ Group on Friday night in Lagos, with the theme:Continue Reading
By Lucy Osuizigbo-Okechukwu The Africa Export-Import Bank (Afreximbank) has signed financial advisory mandates worth two hundred million dollars ($200m) with the Anambra State Investment Promotion and Protection Agency. The signing ceremony took place on the sidelines of the ongoing 2023 Intra-African Trade Fair (IATF), Africa’s largest trade andContinue Reading
