Afreximbank Disburses £100m Global Credit Facility For Key Developments in Africa
Benedict Oramah, President Afreximbank The African Export-Import Bank (Afreximbank), has disbursed 100 million Euros revolving global credit facility to Mota-Engil Africa company to enable it implement key development projects in…
AFSH Unveils Noiler Bird Initiative, Empowers Over 300,000 Smallholder Farmers, To reach 1.2 m By 2020
Noiler Smallholder Farmers Beneficiaries in Nigeria Amo Farm Sieberer Hatchery, AFSH, is set to eradicate poverty and malnutrition in rural communities, especially among women and youths, as it officially launched…
Key into Nigeria’s Gas Commercialisation Policy For Gas Development- FG Urges IOCs
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other International Oil Companies (IOCs) operating in Nigeria, to key into the gas commercialization policy of…
Emefiele To Investors, Your Investments Are Safe, Come And Invest
CBN Governor, Godwin Emefiele The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments….
Oil Price Hike: Economic Slowdown Likely To Soon Dent Fuel Consumption
Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela. Despite strong price increases…
IMF Expresses Concern Over Nigeria’s Ability to Pay Back Rising Debt
The International Monetary Fund, has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise. Though it said conditions were favourable for the country to…
Foreign investors own 60% of Swiss corporations, news study shows
Global financial institutions are increasingly dominating the shareholders of major Swiss companies. According to an Ernst & Young (EY) external link report commissioned by Swiss newspaper NZZ am Sonntagexternal link,…
Lottery, Gaming Activities: Users to Pay 5% VAT on Each Transaction -FG
FIRS Boss, Babatunde Fowler The Federal Government has announced plans to charge Value Added Tax (VAT) on lottery and gaming activities. This was announced in Lagos at a stakeholders’ engagement…
Zenith Bank: Onyeagwu succeeds Amangbo as GMD
Zenith Bank Plc. has announced the appointment of Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank with effect from June 1, 2019 subject to the approval of Central…
Buhari Calls for Collective Efforts to Address Emerging Threats of Digital Globalisation
President Muhammadu Buhari President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe for all. According…