By Taiye Olayemi Investors on the Nigerian Exchange Ltd. (NGX) traded 2.094 billion shares worth N52.967 billion in 64,612 deals during the week under review. This is in contrast to 1.183 billion shares valued at N28.868 billion that exchanged hands across 42,397 transactions last week. Consequently, the value of transactionsContinue Reading
By Lucy Ogalue The Federal Government says it will in May inaugurate a de-risking fund to improve access to affordable financing for Micro, Small and Medium Enterprises (MSMEs). The Special Adviser to the President on Job Creation and MSMEs, Temitola Adekunle-Johnson, said this at the 2025 International Women’s Day eventContinue Reading
By Taiye Olayemi Afriland Properties Plc has achieved a profit after tax of N2.6 billion in 2024, representing 51 per cent increase from N1.73 billion recorded in 2023. The company’s profit before tax also grew by 53 per cent to N3.70 billion from N2.4 billion posted in 2023. MrContinue Reading
By Emmanuel Afonne The African Development Bank (AfDB) says it has approved $100 million for the establishment of the Nigerian Youth Entrepreneurship Investment Bank. Dr Akinwumi Adesina, President and Chairman, Board of Directors, AfDB, said this in Abuja on Friday, when he delivered the 14th Convocation Lecture of the NationalContinue Reading
By Lucy Ogalue Dr Akinwumi Adesina, the African Development Bank’s President, says implementation of the Special Agro-Industrial Processing Zones (SAPZs) in Nigeria will reduce food imports, strengthen the Naira, and generate millions of jobs. Adesina stated this on Thursday in Calabar, Cross River, at the groundbreaking of the SAPZ projectContinue Reading
By Martha Agas The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has called for stronger collaboration among customs administrations in West and Central Africa (WCA). Adeniyi made this appeal during the Cultural Night-Out and Dinner at the fourth World Customs Organisation – WCA Donor Conference held on Thursday.Continue Reading
By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of Nigeria in the last 10 years. Prof. Benedict Oramah disclosed this at the Commissioning of the Afreximbank African Trade Centre (AATC) in Abuja on Thursday. Oramah said the sectors included energy,Continue Reading
By Nana Musa Dr Stephen Akintayo, Chairman of GText Holdings, has announced a major business conference aimed at empowering over one million Nigerian entrepreneurs. Speaking at a news conference in Abuja on Thursday, Akintayo said the initiative would tackle economic hardship and support government policies on entrepreneurship development. He explainedContinue Reading
By Okeoghene Akubuike President Bola Tinubu has inaugurated the Afreximbank African Trade Centre (AATC) in Abuja, calling for more commitment to build a stronger, more interconnected and prosperous Africa. The President, represented by Sen. George Akume, Secretary to the Government of the Federation, said to achieve this, new trade corridorsContinue Reading
By Rukayat Moisemhe The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for the support of government and private sector players in the building of its N3.5 billion national secretariat in Lagos. Mr Francis Olawale, Honorary Treasurer, ICSAN, made the call during a news conferenceContinue Reading
