Nigerian Interbank Settlement System (NIBSS) report has said that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion in nine months,…
Category:
Economy
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China is set to cut banks’ reserve requirement ratios (RRRs), taxes and fees, Premier Li Keqiang said, as the world’s second-largest economy…
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India emerged Nigeria’s biggest trading partner in the third quarter of 2018, with N719.2billion of crude oil purchases and N37.7billion of natural…
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The National Bureau of Statistics (NBS), in its latest data on Value added tax in Nigeria said the revenue generated from it…
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The U.S. Embassy in Abuja and the Consulate General in Lagos will remain open during the U.S. government shutdown the US embassy…
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BusinessEconomyNews
LCCI to host private sector interaction with governorship candidates in Lagos state
The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector…
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Manufacturers Association of Nigeria MAN has thrown its weight behind the federal government refusal to sign the Africa Free Trade Agreement saying…
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Lagos Chamber of Commerce and Industry LCCI, the body of businessmen in Nigeria’s commercial nerve centre Lagos has recommended key policy reforms…
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EconomyFinanceNews
Afreximbank, African Guarantee Fund sign $30m re-guarantee facility to support African SMEs.
The African Export-Import Bank (Afreximbank) has signed an agreement with the African Guarantee Fund (AGF) for a $30 million re-guarantee facility to…
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President Donald Trump is considering an executive order to bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE,…
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Nigeria needs not less than 337 billion dollars to implement the Sustainable Development Goals (SDGs) from 2019 to 2022, the UN Support…
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The African Export-Import Bank (Afreximbank) has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan…
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BusinessEconomyFinanceNews
NEXIM making concerted effort to revive cocoa processing as Sealink will take off soon
At the just concluded Intra Africa Trade Fair, Nigerian Export Import Bank Managing Director, Abubakar Bello spoke to the media about the effort the…
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Deals valued at $32.6 billion dollars were recorded at the inaugural Intra-African Trade Fair (IATF) which ended in Cairo yesterday, according to…
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The Nigeria Export Processing Zones Authority (NEPZA) says the four trade zones recently established in the country will attract 15 billion dollars…