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
By Ikenna Uwadileke Amb. Abdullahi Shehu, Nigerian Ambassador to the Russian Federation on Tuesday encouraged investors from Russian to localise the production of their goods in Nigeria. Shehu, in an interview with the News Agency of Nigeria (NAN) in Moscow urged the Russian investors to explore the enormous potential inContinue Reading
By Ikenna Uwadileke Amb. Abdullahi Shehu, Nigerian Ambassador to the Russian Federation has commended Russian government for granting opportunities to African students. Shehu gave the commendation in an interview with the News Agency of Nigeria (NAN) on Tuesday in Moscow, Russia. Describing the development as one of the significant gainsContinue Reading
By Salif Atojoko Russian Minister of Sports, Oleg Matytsin, said expanding cooperation with African countries in high-performance and mass sports would build a bridge between Russia and Africa. Matytsin said this in a statement released by Roscongress, organisers of the Second Russia-Africa Summit 2023, on Monday. He said this couldContinue Reading
The African Export-Import Bank (Afreximbank), alongside its African member states say ensuring that critical trade continues to flow uninhibited remains a priority to securing Africa’s food security According to them, this is important because of the prevalent dependency of African economies on external supply of fertilisers and grains asContinue Reading
