By Lucy Ogalue Dr Akinwumi Adesina, President of African Development Bank (AfDB) said that the Abidjan-Lagos highway corridor has secured a 15.5 billion dollars investment interest. Adesina said this while welcoming participants at the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco on Wednesday. The News Agency ofContinue Reading
By Collins Yakubu-Hammer Neveah Limited, an Abuja-based leading commodity trading company, dealing in the export of solid minerals and agricultural products, said it redeemed its obligation of the N2.04 billion Series 13 Commercial Paper (CP) notes issued in July. A CP is a form of unsecured short-term debt security justContinue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN), Raw Materials Research and Development Council (RMRDC) and other stakeholders are set to explore innovation, technology and sustainability strategies aimed at accelerating the entire Africa manufacturing industry. Otunba Francis Meshioye, President, MAN, said this at a news conference on MondayContinue Reading
By Taiye Olayemi Chandramouli Kern, Consul General of India in Lagos, says Indians have been recognised as the biggest investors in Nigeria with over 27 million dollar cumulative investment and no fewer than 200 companies. Kern said this on Sunday while declaring open “Anchor Restaurant”, an Afro-Asian restaurant in Lagos. “ThisContinue Reading
By Florence Onuegbu The Lagos State Government has sealed $1.35 billion investment deal with the African Export-Import Bank (Afreximbank) and Access Bank to boost infrastructure in the state. Speaking at the second AfriCaribbean Trade and Investment Forum (ACTIF) in GeorgeTown, Guyana, Gov. Babajide Sanwo-Olu of Lagos State, saidContinue Reading
By Lucy Ogalue The National Association of Small and Medium Enterprises (NASME) and the United Nations Industrial Development Organisation (UNIDO) ITPO in Nigeria, have collaborated to boost small businesses in West Africa. The organisations said this in a communiqué issued at the end of the 2023 West Africa Small andContinue Reading
Gov. Babajide Sanwo-Olu of Lagos State says opportunities abound in the Africa-Caribbean relationship being fostered through the African Export Import Bank ( Afreximbank) AfriCaribbean Trade and Investment Forum (ACTIF). Sanwo-Olu spoke to the media on the sideline of the 2nd AfriCaribbean Trade and Investment Forum (ACTIF2023), being hostedContinue Reading
By Florence Onuegbu Gov. Babajide Sanwo-Olu of Lagos State has called for an integrated west African capital market to foster collaboration and tackle infrastructure gap. Sanwo-Olu said this at the third West Africa Capital Market Conference (WACMaC) on Wednesday in Lagos, with the theme: “Infrastructural Deficit and Sustainable Financing inContinue Reading
Growth By Rukayat Moisemhe Guinness Nigeria Plc has recorded a revenue of N229.4 billion for the financial year ended June 30, 2023 in spite of the severe macro-economic challenges. Dr Omobola Johnson, Chairperson, Board of Directors of Guinness Nigeria Plc, made the disclosure at the company’s 73rd Annual GeneralContinue Reading
By Lydia Ngwakwe The Chartered Institute of Bankers of Nigeria (CIBN) has called on banking professionals and leaders to chart a course that will leverage the vast potential inherent in Nigeria’s economy. The President/Chairman of Council, CIBN, Dr Ken Opara, made the call at the 2023 Fellowship Investiture ofContinue Reading
