By Salisu Sani-Idris United Nations High Commissioner for Refugees (UNHCR) and Al-Habibiyya Islamic Society have agreed to to mobilise N500 million annually, to improve the living conditions of three million Internally Displaced Persons (IDPs) in the country. The National Chief Imam of Al-Habibiyyah, Fuad Adeyemi, made this known while addressingContinue Reading
By Lucy Ogalue Some African leaders have reiterated the importance of accelerating industrial development on the continent. They spoke at the ongoing Africa Investment Forum (AIF) Market Place in Marrakech, Morocco. The theme of the Forum is: “Unlocking Africa’s Value Chains”. The News Agency of Nigeria (NAN) reports that theContinue Reading
By Lucy Ogalue The Group Chief Executive Officer, Nigerian Exchange (NGX) Group Plc., Oscar Onyema, has advised African governments to reposition their economies to attract financial investments. Onyema said this while speaking to the News Agency of Nigeria (NAN) on the sidelines of the ongoing 2023 African Investment Forum (AIF)Continue Reading
By Rukayat Moisemhe Governor of Lagos State, Mr Babajide Sanwo-Olu, and private sector stakeholders have emphasised the importance of collaboration to enhance Environmental, Social and Governance (ESG) integration into manufacturing operations to drive the circular economy. They spoke at a private sector ESG forum on Wednesday in Lagos withContinue Reading
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
