AfDB Explains Terms On $4.1bn Loan Deals To Nigeria
AfDB has announced plans to give Nigeria the total of $4.1bn loan to boost investments and job creation in Small and Medium Enterprises (SMEs). Explaining more on the deal recently sealed during his visit to Abuja, President of the bank…
Invest in Technology, Adopt Collaboration, CWG Boss Tells Stock Marketers
The Founder of CWG Plc, Mr. Austin Okere, has urged key players in the Nigerian Stock Market to prioritize investment in technology innovation as well as engage in cross-sector collaboration in the bid to boost their revenue as well as…
AfDB Explains Terms on $4.1bn Loan Deals to Nigeria
AfDB has announced plans to give Nigeria the total of $4.1bn loan to boost investments and job creation in Small and Medium Enterprises (SMEs). Explaining more on the deal recently sealed during his visit to Abuja, President of the…
Falling Naira Forces Experts to Proffer Solutions
The renewed pressure on the exchange rate forcing naira to keep downing as if nothing is being done to contain the challenge is encouraging experts to open up on way forward. Chief Economist and Head of Research at FSDH Merchant…
Anxiety as Naira Inches to N500/USD
There are growing concerns in the financial sector following indications that naira is closing in on 55 to 1$. It closed at N490/ USD1 in the parallel market, with dealers expecting further rise today to hit the dreaded N500 mark….
NEPC Accuses NIMASA of Withholding N300m Freight Fund
The Executive Director/Chief Executive of Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo has revealed that the Nigerian Maritime Administration and Safety Agency (NIMASA) is withholding 10 percent levies on freights collection to NEPC as stipulated by law. In his…
CBN Gov’s Wife Regains Freedom After 3 Days With Kidnappers
After three days in kidnapper dean, the wife of the Central Bank Governor, Margaret Emefiele, has been released by her abductors. It was not clear if any ransom was paid even though the adoptors had called on the CBN governor…
VANSO Completes Merger With Interswitch, Set for New Growth Phase
Market leading mobile and security focused financial technology provider, Value Added Network Solutions (“Vanso”), has announced the acquisition of 100% of the equity in the company by Interswitch Limited (“Interswitch”), the leading pan-African digital payments and Commerce Company. Vanso is…
Past governments ran economy without recourse to liabilities– Adeosun
More reasons on why the economy plunged into recession have emerged. Speaking in Abeokuta, the Ogun State capital during a meeting with States Finance Commissioners Wednesday, the Minister of Finance, Mrs. Kemi Adeosun revealed that one of the key safety…
More FG officials confuse Nigerians on way out of recession
Beginning from late last year, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele said government will soon sale non-performing national assets to raise fund to rejig the economy. Only recently, the National Economic Council (NEC) advised the federal…
