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 Salisu Sani-Idris Vice President, Kashim Shettima, has restated the determination of the President Bola Tinubu’s administration to revive the Aluminium Smelter Company of Nigeria (ALSCON) through engagement with key stakeholders in the industry. Mr Olusola Abiola, Director, Information, Office of the Vice President, in a statement, said Shettima gaveContinue 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 Isaiah Eka The Debt Management Office on Thursday in Uyo sensitised Akwa Ibom investors on the investment opportunities existing in FGN Securities. The Director-General of DMO, Ms Patience Oniha, in her remarks said that the FGN Securities were safe, secured and risk free for investors. Oniha, who was representedContinue Reading
By Philip Yatai The National Social Protection Forum (NSPF) has described the National Social Register (NSR) as a valuable asset to addressing poverty and vulnerability among Nigeria’s population. The National Coordinator of the forum, Dr Taiwo Benson, stated this in an interview with the News Agency of Nigeria (NAN) inContinue 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
By Perpetua Onuegbu Mr Ugo Obi-Chukwu, the Founder and Chief Executive Officer of NairaMetrics, Nigeria’s leading Financial Literacy Website and Media Company says the removal of fuel subsidy and Naira Exchange Rate Unification are measures taken to restore macroeconomic stability. Obi-Chukwu said this while delivering a lecture at the QuarterlyContinue Reading
