By Lucy Ogalue The Director-General (D-G), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odii, has said that the agency will help to facilitate the export of made-in-Nigeria furniture. Odii made the promise when he visited the Kugbo Furniture Cluster Association in the Federal Capital Territory, AbujaContinue Reading
By Lucy Ogalue The Federal Government has approved the extension of the Presidential Enabling Business Environment Council (PEBEC)’s Regulatory Reform Accelerator Action Plan by 30 days. Dr Jumoke Oduwole, Special Adviser to the President on PEBEC and Investment, made the announcement on Tuesday in a statement. The News Agency ofContinue Reading
By Grace Alegba The Chattered Institute of Bankers of Nigeria (CIBN) has sworn in Prof. Pius Olarenwaju as its 23rd President and Chairman of Council. He was sworn in at a hybrid investiture programme convened at Victoria Island, on Friday inLagos. Delivering his acceptance speech, the new CIBN President,Continue Reading
By Rukayat Moisemhe The Nigerian Indonesian Chamber of Commerce (NICCI) has called on Indonesian businesses to harness the exportable opportunities of the Nigerian non-oil economy, to enhance bilateral trade between both countries. Mr Ishmael Balogun, NICCI President, made the call at a news conference on Friday in Lagos to detailContinue Reading
By Constance Athekame The African Development Bank (AfDB) says it plans to support Nigeria’s power sector with one billion dollars to boost electricity. Dr Kevin Kariuki, Vice President, Power, Energy, Climate Change and Green Growth Complex, AfDB, said this on Thursday at the Eight Africa Energy MarketPlace (AEMP) Forum inContinue Reading
By Lucy Ogalue The African Development Bank (AfDB) and InterAmerican Development Bank (IDB) have welcomed International Monetary Fund’s (IMF) Executive Board’s approval of the use of Special Drawing Rights (SDRs) for Hybrid Capital Instruments. The AfDB in a statement, said the IMF approval allowed countries to channel SDRs through multilateralContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), in collaboration with Joint Admission and Matriculation Board (JAMB), on Thursday conducted 2024 staff promotion exercise for senior officers of the commission with Computer-Based Test (CBT). The News Agency of Nigeria (NAN) reports that the officers who participated inContinue Reading
By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) says it has concluded arrangements for a facility of 250 million dollars with the International Islamic Trade Finance Corporation (ITFC) in support of trade and projects in Africa. This is contained in a statement issued by Vincent Musumba, Media Relations Manager, Afreximbank,Continue Reading
By Rukayat Moisemhe Mrs Ngozi Oyewole, Chairperson, Wood/Wood Products, a sectorial group in the Manufacturers Association of Nigeria (MAN), has urged the Federal Government to support the wood industry by sustaining forest management. Oyewole, also the Founder of Noxie Ltd., gave the advice in an interview with the News AgencyContinue Reading
By Rukayat Moisemhe Mrs Ngozi Oyewole, Chairman Wood/Wood Products Sectoral Group, Manufacturers Association of Nigeria (MAN), says the wood and wood products industry can significantly contribute to the nation’s revenue diversification efforts. Oyewole, also the founder of Noxie Ltd., made the assertion in an interview with the News Agency ofContinue Reading
