The Nigerian Bulk Electricity Trading (NBET) says it plans to deploy an automated energy trading platform/exchange to promote bilateral trading between Independent…
Category:
Economy
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EconomyFinanceNews
N206bn inserted in Humanitarian Affairs budget, for Purchase of Military Equipment—Minister
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq has said that the N206billion ‘padded’ in her Ministry’s 2023 Budget…
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The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director. The appointment of Mrs. Oyedeji,…
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BusinessEconomyNews
AfDB’s Sustainable Energy Africa Fund for Africa approves $1m reimbursable grant to develop bioenergy plants in Ghana, Sierra Leone
The Sustainable Energy Fund for Africa has approved a reimbursable grant of $1 million to New Africa Impact Ltd to prepare two…
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The Creative Africa Nexus Weekend (CANEX WKND) brought together the largest gathering for the cultural and creative industries in Africa and the…
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EconomyFinanceNews
Group raises dust over Buhari appointing Hair Dresser as NEXIM Executive Director, gives seven days ultimatum for her removal
A group under the aegis of Lawyers for Reform has given President Muhammadu Buhari an ultimatum of seven days to remove Stella…
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EconomyFinanceNews
EFCC secures conviction of Ex-Gusau Varsity VC, Prof. Graba to 35 years in prison
The Economic and Financial Crimes Commission has secured the conviction of Professor Magaji Garba, a former Vice Chancellor of Federal University Gusau,…
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EconomyFinanceNews
Nigeria is not broke able to service debts on schedule, to settle 13% derivation arrears in 60 months—FG
Federal government has said that Nigeria is not broke. As a result of its conviction that the economy is on the right…
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The Managing Director/CEO of the Nigeria Export Processing Zones Authority, NEPZA, Prof. Adesoji Adesugba, has disclosed that the Free Trade Zones, FTZ,…
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Michael Ohiani, Director-General, Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government has recorded successes in Public Private Partnership (PPP) projects in…
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EconomyFinanceNews
World Bank again urges Nigeria to end N6trn subsidy, injects proceeds in infrastructure
As food prices continue to rise across the country, President Muhammadu Buhari, Tuesday, launched $575 million Rural Access and Agricultural Marketing Project, RAAMP,…
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United Kingdom and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds. This is contained in a…
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Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even in unlikely event of…
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Depositors of of all categories of banks in-liquidation, as at June 2022, were able to recover N113.2billion of their savings through the…
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EconomyFinanceNews
Interswitch, EFinA, Jaiz Bank, others receive nods at award night during the International Financial Inclusion Conference in Nigeria.
The First day of the International Financial Inclusion Conference organized by the Financial Inclusion Governing Committee in Nigeria culminated in a Dinner…