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
By Vivian Emoni Paying taxes should not be a burden but an investment to collective future, Mr Abdul-Kabir Opeyemi, an expert on Taxation and Revenue, said on Wednesday. Opeyemi, Special Adviser on Taxation and Revenue to Lagos State Governor, Mr Babajide Sanwo-Olu, made the assertion in an interview withContinue Reading
By Grace Alegba The First Bank of Nigeria Ltd, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades. The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deepContinue Reading
By Rukayat Moisemhe The Bank of Industry (BOI) has introduced the Rural Area Programme on Investment and Development (RAPID), which aims to empower youth and women-led businesses in underserved regions. RAPID is to provide capital and opportunities to rural communities, in addressing challenges like rural-urban migration. The Managing Director ofContinue Reading
