By Ikenna Uwadileke Russian President, Vladimir Putin says Russia is reorienting its transport and logistics flows to the Global South, including Africa. Putin said this at the ongoing 2nd Russia-Africa Economic and Humanitarian Summit in St Petersburg, Russia. “The North-South transport corridor that we are building is designed to provideContinue Reading
By Kadiri Abdulrahman The News Agency of Nigeria (NAN) Staff Multipurpose Cooperative Society Limited, has declared a profit of ₦16.09 million for the year July 25, 2023. The outgone President of the society, Mr Moses Uzoagba, said this at the 12th Annual General Meeting (AGM)/Elections of the society on ThursdayContinue Reading
By Aderogba George A manufacturing company based in Nigeria, Neveah Limited has said it would continue to protect Nigeria’s image in the international commodity market by exporting high quality indigenous metals and agricultural products. Mr Ibidapo Lawal, Founder and Chief Executive Officer of the company (CEO), said this in aContinue Reading
By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia, announced a credit limit of three billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at theContinue Reading
By Emmanuella Anokam Russian President, Vladimir Putin, has said that Russia-Africa trade reached 18 billion dollars in 2022, which was necessitated by the first Russia–Africa Summit held in Sochi, Russia in 2019. Putin said this on Thursday at the ongoing Russian-African summit and Economic and Humanitarian Forum in St. Petersburg,Continue Reading
By Chinyere Joel-Nwokeoma Some stakeholders on Thursday said that Nigeria and corporates entities should reshape thoughts and actions and align future investment practices with the Environmental, Social and Governance (ESG) considerations. The stakeholders expressed the view at a workshop on: “ESG and Sustainable Finance – The Future of Investments”. TheContinue Reading
By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia, announced a credit limit of 3 billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at the openingContinue Reading
By Emmanuella Anokam Russian President, Vladimir Putin, says Russia will supply 50,000 tons of grains to some African countries in the next three months in its bid to ensure food security. Putin said this on Thursday while declaring the Second Russia–Africa Summit and Economic and Humanitarian Forum 2023 open inContinue Reading
By Ikenna Uwadileke The 2nd Russia-Africa Economic and Humanitarian Summit opened in St. Petersburg on Thursday with Russia seeking to diversify its cooperation in terms of long-term development with Nigeria, Africa. The News Agency of Nigeria (NAN) reports that the event taking place at Expoforum was declared open by theContinue Reading
By Salif Atojoko Russian President Vladimir Putin has said that Africa is poised to take its rightful place in the system of global economic links. Putin said this at a trilateral meeting with Mr Azali Assoumani, Chairperson of the African Union and President of the Union of the Comoros, andContinue Reading
