By Lucy Ogalue The Japan Credit Rating Agency, Ltd. (JCR) has affirmed the African Export-Import Bank’s (Afreximbank) A- issuer credit rating with a stable outlook. In a statement on Thursday, Afreximbank said the rating reflected JCR’s positive assessment of the Bank’s strong strategic positioning, resilient capital base, consistent profitability, prudentContinue Reading
By Lucy Ogalue lThe Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, has urged the emergence of procurement lawyers to address corruption and procurement deficits in Nigeria. Adedokun, in a statement by his Head of Public Relations, Zira Nagga, on Friday made the call at the 65th Annual GeneralContinue Reading
By Vivian Emoni Nigeria, Republic of Benin and Cameroon have reaffirmed commitment to strengthen trading mechanisms and boost economic growth across their borders. Amb. Nura Rimi, Permanent Secretary, Ministry of Industry, Trade and Investment, stated this at a Technical Workshop on “Support to Trade Cooperation among Nigeria, Republic of BeninContinue Reading
By Vivian Emoni The Nigerian Export Promotion Council (NEPC) has graduated seven of its staff trained under the Nigeria Ginger Sustainability Project (2021–2025). It is aimed at strengthening resilience and competitiveness in the country’s ginger industry. Dr Nonye Ayeni, Executive Director/Chief Executive Officer, NEPC, stated this on Wednesday in AbujaContinue Reading
By Taiye Olayemi The Nigerian Insurers Association (NIA) says the 2025 Education Conference of the West African Insurance Companies Association (WAICA) will highlight insurers’ role in tackling climate change. NIA is organising the programme on behalf of Nigeria’s insurance market. Mrs Ebelechukwu Nwachukwu, Chairperson of the Local Organising Committee, inContinue Reading
By Taiye Olayemi AXA Mansard Insurance has urged operators to support the Nigerian Insurance Industry Reform Act (NIIRA) 2025 through disciplined execution. The company made the appeal in a statement issued in Lagos on Tuesday by its Chief Client Officer, Rashidat Adebisi. Adebisi said that restoring trustContinue Reading
Ban By Salisu Sani-dris President Bola Tinubu has approved a 6-month temporary ban on the export of raw sheanuts to curb informal trade, boost local processing, protect and grow Nigeria’s shea industry. Vice-President Kashim Shettima announced the president’s directive during a multi-stakeholder meeting at the Presidential Villa, Abuja. The NewsContinue Reading
IPMAN By Stanley Nwanosike The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it will safeguard fuel pump integrity at filling stations by tackling cheating and related malpractices. Chairman of IPMAN Enugu Unit, Chief Chinedu Anyaso, disclosed this on Sunday in Enugu shortly after the association’s 2025 Annual General MeetingContinue Reading
By Taiye Olayemi The equities market turned positive on Friday after a three-day downturn, ending the week with N425 billion gain for investors. The gain was driven by renewed buying interest in stocks like Beta Glass, FTN Cocoa Processors, UPDC, Veritas Kapital Assurance, Sovereign Trust Insurance and 46 others. MarketContinue Reading
By Grace Alegba The National Institute of Credit Administration (NICA), Chartered, and the National Credit Guarantee Company (NCGC) have called on financial institutions and other stakeholders to collaborate in entrenching a robust credit culture in Nigeria. They made the call on Friday at a sensitisation seminar organised by NICA inContinue Reading
