By Lydia Ngwakwe The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to use everything within its powers to stop operation of Binance in the country. Alhaji Aminu Gwadabe, President of ABCON, gave the advice in an interview with the News Agency ofContinue Reading
By Oluwatope Lawanson The Lagos State Government has expressed its readiness to collaborate with the Polish Government to enhance the economic activities of the state and country as a whole. Gov. Babajide Sanwo-Olu stated this during a courtesy visit by the Ambassador of the Republic of Poland to Nigeria,Continue Reading
The African Export-Import Bank (Afreximbank) has officially opened the Caribbean office of the Bank in Barbados, and reaffirmed the US$1.5 billion credit limit made available to support eligible CARICOM States. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, in the company of theContinue Reading
By Florence Onuegbu Financial Technology (FinTech) firm, Bankly has unveiled Bankly Microfinance Bank, to deepen financial inclusion in the country. Bankly specialises in payment processing, through Point of Sale (PoS) terminals. The Chief Executive Officer, Bankly, Tomilola Majekodunmi, in a statement described the unveiling of the bank as a significantContinue Reading
By Ikenna Uwadileke Transmashholding (TMH), Russia’s leading manufacturer of railway rolling stock, says Africa is in dire need of modern railway infrastructure to propel the continent to rapid development. The Chief Executive Officer of TMH, Mr Kiril Lipa, told newsmen in Moscow Russia, that absence of railway infrastructure in someContinue Reading
By Lucy Ogalue The Federal Government has reiterated commitment in strengthening collaboration that will promote Nigeria’s export competitiveness, to achieve its economic diversification agenda. Dr Ezra Yakusak, Executive Director, Nigerian Export Promotion Council (NEPC), said this on Thursday in Abuja, at a capacity building programme for bankers, organised by theContinue Reading
By Lucy Ogalue Jigawa State Government and the Nigeria Export Processing Zones Authority (NEPZA) have agreed to revitalise the state’s Maigatari Export Processing Zone. The duo agreed when the Jigawa State Governor, Umar Namadi, visited the Managing Director of NEPZA, Prof. Adesoji Adesugba on Wednesday in Abuja. According to theContinue Reading
By Bukola Adewumi The Managing Director, Oil and Gas Free Zones Authority, Nigeria (OGFZA), Sen. Tijjani Kaura, says the free zones would attract a total of 15.97 billion dollars investment to Nigeria’s Gross Domestic Product (GDP) by 2025. Kaura made this known at a maiden media parley on Wednesday inContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval. A statement by Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this on Wednesday in Abuja. Irukera said the DMLs were operating inContinue Reading
By Vivian Emoni Kabimya Finance Company Ltd. (KFCL), a financial institute has expressed its commitment to provide redefined services and strong support to Small and Medium Enterprises (SMEs) to achieve financial goals. The Chairman of the KFCL, Dr Emmanuel Ozigi, said this at the inuaguration of its business operation, inContinue Reading
