By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia, announced a credit limit of 3 billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at the openingContinue Reading
By Emmanuella Anokam Russian President, Vladimir Putin, says Russia will supply 50,000 tons of grains to some African countries in the next three months in its bid to ensure food security. Putin said this on Thursday while declaring the Second Russia–Africa Summit and Economic and Humanitarian Forum 2023 open inContinue Reading
By Ikenna Uwadileke The 2nd Russia-Africa Economic and Humanitarian Summit opened in St. Petersburg on Thursday with Russia seeking to diversify its cooperation in terms of long-term development with Nigeria, Africa. The News Agency of Nigeria (NAN) reports that the event taking place at Expoforum was declared open by theContinue Reading
By Salif Atojoko Russian President Vladimir Putin has said that Africa is poised to take its rightful place in the system of global economic links. Putin said this at a trilateral meeting with Mr Azali Assoumani, Chairperson of the African Union and President of the Union of the Comoros, andContinue Reading
By Emmanuella Anokam The Russia-Africa Summit 2023 will discuss partnership for food sovereignty, strategies to realise the potential and how Russia can help Africa develop its agricultural infrastructure. Mr Oleg Ozerov, Ambassador at Large of the Ministry of Foreign Affairs of the Russian Federation, in a statement released on TuesdayContinue Reading
By Mercy Osajiugo The Dangote Industries Limited (DIL) and the Niger State Government are strengthening ties towards exploring fresh investment opportunities in the State. Mr Mansur Ahmed, Dangote Group’s Executive Director, Government and Strategic Relations, stated this during the Dangote Special Day at the 20th Niger State National Trade FairContinue Reading
By Rukayat Moisemhe Industrial and Medical Gases Nigeria Plc (IMG) has rewarded its shareholders with dividend worth N208.12 million for 2022 financial year. According to the company, this translates to 40 kobo per ordinary share as against a stock dividend of one for every five shares held in 2021. IMGContinue Reading
By Rukayat Moisemhe A cybersecurity leader, Ms Confidence Staveley, says businesses must scale-up investments in cybersecurity to guard against cybercrime and other technological threats. Staveley, also Founder, CyberSafe Foundation, said this at the Nigerian-British Chamber of Commerce (NBCC) Tech Event/ Graduation Ceremony on Thursday in Lagos.Continue Reading
By Augusta Uchediunor Mr Akinjide Adeosun, CEO of ST. Racheal’s Pharma, has called on the Central Bank of Nigeria (CBN) to reduce the Cash Reserve Ratio (CRR) of Deposit Money Banks (DMBs) and other commercial banks. Adeosun made the call at the St. Racheal’s Pharma Finance Forum heldContinue Reading
By Rukayat Moisemhe The Managing Partner, ACIOE, Ekenem Isichei, says the demand for digital investment and resources to drive project and solution accuracy has accelerated the need for specialised insights provision. Isichei said this in a statement on Wednesday in Lagos. He said the firm ACIOE would continue to distinguishContinue Reading
