By Lucy Ogalue Denmark has pledged DKK 1.1 billion to the African Development Fund’s 17th replenishment (ADF-17). The African Development Bank (AfDB) said that the support represented a 40 per cent increase over the nation’s previous support. The announcement was made on the sidelines of the 2025 Nordic-African Foreign AffairsContinue Reading
By Vivian Emoni The Nigerian Export-Import Bank (NEXIM) has secured a Bbb+ rating from Agusto & Co. Ltd., reflecting its strong financial standing and reliability among development finance institutions (DFIs) in Nigeria. In its 2024 financial report, NEXIM declared an operating profit of N30.47 billion, more than double the N13.75Continue Reading
By Vivian Emoni The Governor of Plateau, Mr Caleb Mutfwang, says the goods and services produced and branded in his area demonstrate quality and uniqueness of the state. The governor said this at the Plateau Special Day in the ongoing 20th Abuja International Trade Fair (AITF), in Abuja. Mutfwang, calledContinue Reading
By Taiye Olayemi The Chairman of the Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, has commended Ethiopia’s leadership for its economic progress and expressed optimism about stronger ties between Nigeria and Ethiopia. Kwairanga gave the commendation in his address at a presidential dinner held in Addis Ababa, Ethiopia. This wasContinue Reading
By Esenvosa Izah A group of businessmen and entrepreneurs have stressed the role of everyone, particularly youths, in reshaping Nigeria’s narrative toward growth and development. They spoke at the New Generation Chapter (NGC) Summit with the theme ‘Nigeria: Build, Navigate andContinue Reading
By Vivian Emoni The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix. The CBN also encouraged citizens to be ambassadors of clean Naira notes. Mrs Hakama Ali, Acting Director, Corporate Communications Department of the CBN, made theContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) has advised Nigerians to be vigilant against Ponzi schemes and other fraudulent investment platforms. The Managing Director of NDIC, Mr Thompson Sunday, said this at the corporation’s special day at the 20th Edition of the Abuja International Trade Fair organised byContinue Reading
By Vivian Emoni The Nigerian Ports Authority (NPA) has called on relevant stakeholders to strengthen domestic economy across the country. Dr Abubakar Dantsoho, Managing Director of NPA, made the call at the NPA Special Day at 20th Abuja International Trade Fair (AITF) in Abuja. The News Agency of Nigeria (NAN)Continue Reading
By Martha Agas The Sea Empowerment and Research Centre (SEREC) says Nigeria has recorded a decline in piracy incidents compared to peak years. SEREC’s Head of Research, Eugene Nweke, made this known in a statement to mark Nigeria’s 65th Independence Anniversary on Thursday in Abuja. Nweke said the decline wasContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) and Nasarawa State Government have entered partnership to promote sustainable consumption, innovative practices for economic growth. Mr Agabaidu Jideani, Director-General, ACCI, said this at the Nasarawa State Special Day, 20th Abuja International Trade Fair (AITF) in Abuja. Jideani saidContinue Reading
