By Lucy Ogalue An entrepreneur, Mr Innocent Ogu, says manufacturing and commercialisation are critical to driving Nigeria’s economic growth. Ogu, the President, African Legacy International, told the News Agency of Nigeria (NAN) in Abuja that his organisation was committed to fostering economic development through strategic initiatives. He said one ofContinue Reading
By Rukayat Adeyemi Wema Bank has concluded the first tranche of its recapitalisation exercise, having secured all relevant regulatory approvals for the allotment of its N40 billion rights issue. Its Managing Director, Mr Moruf Oseni, disclosed this in a statement made available in Lagos. Oseni said as a forward-thinkingContinue Reading
By Martha Agas The Trade Modernisation Project (TMP) Ltd, will empower 2,500 personnel of the Nigeria Customs Service (NCS) with technical skills. According to Mr Ahmed Ogunshola, the General Manager of the project, this is in line with the project’s capacity building framework. Ogunshola said this in an interview withContinue Reading
By Rukayat Moisemhe Money Lenders Association, has commended the continuous actions by the Federal Competition and Consumer Protection Commission (FCCPC) to sanitise the digital lending space in Nigeria, saying it is a welcome development. Chairman of the Association, Mr Gbemi Adelekan, in an interview with the News Agency of NigeriaContinue Reading
By Okeoghene Akubuike Afreximbank and First Bank of Nigeria(FBN) have signed a 200 million dollar facility agreement for financing the needs of FBN’s numerous clients. The News Agency of Nigeria (NAN) reports that the signing took place at the ongoing 31st Afreximbank Annual Meetings (AAM2024) in Nassau, TheContinue Reading
By Safia Abdulrahman Many residents of the Federal Capital Territory (FCT), have continued to decry the increasing hike in transport fares. According to the residents, who spoke to the News Agency of Nigeria (NAN) on Friday in Abuja, the hike in transport fares has also led to the high costContinue Reading
By Okeoghene Akubuike Dr Doris Uzoka-Anite, Minister of Industry, Trade, and Investment (FMITI), Nigeria, says developing the African Caribbean Free Trade Agreement will require a multi-faceted approach. Uzoka-Anite said this at a Plenary Session: “Towards An Afri-Caribbean Free Trade Agreement: The Pathway to Self-Determination” at the ongoing 31st Afreximbank AnnualContinue Reading
By Lucy Ogalue Stakeholders say technological innovation, substantial investments, and effective policy frameworks are critical to securing Africa’s sustainable energy future. The stakeholders spoke at the Africa Gas Innovation Summit (AGIS) 2024, held in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the summit’s theme is “IgnitingContinue Reading
By Rukayat Moisemhe The Nigerian-British Chamber of Commerce (NBCC) has stated the need for Nigerian and British businesses to leverage their strengths and explore new frontiers at the forthcoming trade mission in the United Kingdom. Mr Ray Atelly, President, NBCC, said this at a news conference on Thursday in Lagos.Continue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has frowned at the increasing sale of adulterated and contaminated foods in the markets. The Acting Executive Vice Chairman of the Commission, Dr Adamu Abdullahi, said in Abuja on Thursday, that some traders were engaging in various forms ofContinue Reading
