Stakeholders seek increased funding, market for SMEs

By Rukayat Moisemhe Some stakeholders have stressed the need for increased access to capital, technology and markets for the Small and Medium Enterprises (SMEs) to ensure global competitiveness. They spoke at the Nigerian-Canadian Business Association (NCBA) Second Edition Business Roundtable, on Tuesday in Lagos. The News Agency of Nigeria (NAN)Continue Reading

FG woos foreign mining investors with lower production cost

By Kadiri Abdulrahman The Federal Government has assured foreign investors interested in the Nigerian mining sector of conducive business environment and low production cost to boost their profitability. The Minister of Solid Minerals Development,  Dr Dele Alake said this while addressing global stakeholders at “Mines and Money Conference” which openedContinue Reading

.7bn trade, investment deals sealed at Cairo meeting —Afreximbank

  By Okeoghene Akubuike Afreximbank says about 43.7 billion dollars worth of trade and investment deals were sealed at the just concluded Intra-African Trade Fair (IATF2023) held in Egypt. Kanayo Awani, Intra-African Trade Bank, Afreximbank Executive Vice-President, said this at the Post-Event Virtual News Conference held in Cairo, Egypt onContinue Reading

Africa’s low global GDP contribution calls for immediate action — ECA

  By Lucy Ogalue The Economic Commission for Africa (ECA) says Africa’s low global Gross Domestic Product (GDP) contribution is a call for immediate action by governments on the continent. The ECA Director of Macro Economic Policy Division, Adams Elhiraika, said this in an interview with the News Agency of NigeriaContinue Reading

FG to develop Integrated National Electricity Policy

By Constance Athekame The Federal Government is to develop an Integrated National Electricity Policy, and Strategic Implementation Plan, as mandated by the Electricity Act 2023. The News Agency of Nigeria (NAN) reports that on June 9, President Bola Tinubu assented to the Electricity Bill, now an Act empowering states, companiesContinue Reading

Planned banks’ recapitalisation excites stock market experts

By Chinyere Joel-Nwokeoma Some capital market experts have expressed optimism that the primary market segment of the nation’s stock market will witness increased activity with the planned recapitalisation of banks by the Central Bank of Nigeria (CBN). They spoke with the News Agency of Nigeria (NAN) on Monday in Lagos,Continue Reading