The African Export-Import Bank (Afreximbank) has officially opened the Caribbean office of the Bank in Barbados, and reaffirmed the US$1.5 billion credit limit made available to support eligible CARICOM States. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, in the company of theContinue Reading
By Salisu Sani-Idris The Federal Government, through the Office of the Vice President (VP), Kashim Shettima, is set to launch a digital hub that will empower one million youths across the country with digital and related skills. Mr Olusola Abiola, Director, Information, Office of the Vice President, made the disclosureContinue Reading
By Ismail Abdulaziz President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while a thorough overhaul of the civil service payroll is imminent. The president disclosed this during an audience with the President of the World Bank, Mr AjayContinue Reading
By Constance Athekame The Nigerian Electricity Regulatory Commission (NERC), says 171,107 meters were installed in Quarter 1 (QI), 2023. This is contained in NERC First Quarter, 2023 report posted on its website on Friday in Abuja. The report said that the 171,107 meters installed represent an increase of 6,495 comparedContinue Reading
By Florence Onuegbu Financial Technology (FinTech) firm, Bankly has unveiled Bankly Microfinance Bank, to deepen financial inclusion in the country. Bankly specialises in payment processing, through Point of Sale (PoS) terminals. The Chief Executive Officer, Bankly, Tomilola Majekodunmi, in a statement described the unveiling of the bank as a significantContinue Reading
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 Vivian Emoni The Federal Government on Thursday, warned against illegal mining activities and urged for strong collaboration with relevant stakeholders for sustainable development across the country. The Permanent Secretary, Ministry of Mines and Steel Development, Dr Mary Ogbe, gave the warning while Inuagurating new National Executive Council of theContinue 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 Philip Yatai The Federal Ministry of Petroleum Resources on Thursday, intervened in the lingering crises between the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its workers. The workers have since Tuesday been protesting alleged poor welfare and working conditions and called for the sack of 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
