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
By Martha Agas The Federal Government has unveiled the Nigerian Minerals Resource Decision Support System (DSS), aimed at helping investors make informed decisions in the sector. The Minister of Solid Minerals Development, Dr Dele Alake unveiled the software on Tuesday in Abuja. The DSS is a comprehensive software platform thatContinue Reading
By Okeoghene Akubuike The International Monetary Fund(IMF) says determined and well-sequenced implementation of government’s policy intentions would pave the way for faster, more inclusive, resilient growth in Nigeria. The IMF said this in a statement at the conclusion of its Executive Board’s 2024 Article IV Consultation with Nigeria, a copyContinue Reading
By Rukayat Adeyemi TotalEnergies Nigeria has launched the 2024 Startuppers Challenge, which aims to reward 100 entrepreneurs across 32 African countries. The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr Samba Seye, announced this at the virtual launch of the fourth edition of the challenge on Thursday. According to him,Continue Reading
By Lucy Ogalue The President, Abuja Chamber of Commerce and Industry (ACCI), Emeka Obegolu, has charged its newly inaugurated Governing council members to ensure prosperity of Nigeria’s business community. Obegolu, represented by his 1st Deputy President, Prof. Adesoji Adesugba, said this while inaugurating the Governing Council of ACCI’s Four CentresContinue Reading
By Rukayat Moisemhe A financial expert, Mr Gbemi Adelekan, has advised Micro, Small and Medium Enterprises (MSMEs) to ensure a solid repayment history to enhance their credit scores and improve their access to funding. Adelekan, also the Chief Executive Officer of KwikPay Credit, gave the advice on Saturday in LagosContinue Reading
By Rukayat Adeyemi Shareholders of Odu’a Investment Company Ltd.(OICL) on Thursday approved the total dividend of N428 million declared by the company for the year ended Dec. 31, 2023. They gave the approval at the company’s 42nd Annual General Meeting (AGM), held in Lagos. They also approved other resolutions andContinue Reading
By Abigael Joshua The United Kingdom based leadership development organisation TEXEM UK, has applauded one of its alumnus, Dr Usman Jankara, on his appointment as Deputy Commissioner for Insurance (Finance and Administration) at the National Insurance Commission (NAICOM). In a statement on its website www.texem.co.uk, TEXEM’s Director Special Projects, CarolineContinue Reading
By Lucy Ogalue Amb. Bala Manian, India’s High Commissioner to Nigeria, has said that the bilateral trade between Nigeria and India in two years was about 20 billion dollars. Manian said this at the second Nigeria- India Joint Trade Committee meeting held on Monday in Abuja. The News Agency ofContinue Reading
By Ginika Okoye Fidelity Bank Plc share price has recorded a 297 per cent growth on the Nigerian Exchange Ltd (NGX) in the last 13 years. The News Agency of Nigeria (NAN) reports that data from the NGX showed that the bank’s share price grew by 297 per centContinue Reading
