African Export-Import Bank (Afreximbank) and Portugal’s National Association of Young Entrepreneurs (Associação Nacional de Jovens Empresários – ANJE), have entered into a…
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Economy
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BusinessEconomyFinanceNews
African Risk Capacity Limited receives top ESG award for Lowest-Risk Industry
The African Risk Capacity (ARC) Limited said that it has received the global insurance industry’s top overall environmental, social and governance (ESG)…
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With the opportunities presented by the African Continental Free Trade Area (AfCFTA) agreement, there is need to drive more inclusive trade initiatives…
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The African Development Bank (AfDB) fund has raised a cumulative total capital of 274 million US dollars since 2011, Dr Kevin Kariuki,…
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The unrest that has ripped through South Africa in the past week will force its economy to contract by 3% in the…
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National Bureau of Statistics has said that the cost of living has continued to rise as cost of food items in the…
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EconomyFinanceNews
Standard Chartered commits $200m facility with Afreximbank for African Union COVID-19 vaccination acquisition programme
African Export-Import Bank (Afreximbank) and Standard Chartered today announced an agreement for Standard Chartered to provide USD 200m of not-for-profit funding towards…
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The Nigerian Communications Commission (NCC) says it will auction the Fifth Generation Technology (5G) spectrum by the Fourth Quarter (Q4) of 2021.…
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EconomyFinanceNews
NPA, NHIS, BPE, 56 others to return N300bn to the Treasury, EFCC to go after funds diverters
Senators have picked holes in the action of the Nigerian National Petroleum Corporation, NNPC following its under remittance of the sum of N3.878 trillion…
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Afrinvest West Africa, Sanlam Infraworks; AIIM, Chapel Hill Denham; and Tripple A have been selected by Nigeria to manage the nation’s recently…
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Director General Bureau of Public Enterprises Mr Alex Okoh has said in a webinar organised by the Nigerian Exchange Group and the…
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BusinessEconomyNews
Huge trade deficit, fall in foreign direct investments, remittances marks Nigeria Q1
A huge trade deficit, a decline in foreign direct investments as well as in remittances was the hallmark of Nigeria’s current account…
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Buhari has written to the Senate, seeking for the consideration and subsequent approval of the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy…
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BusinessEconomyNews
ASECNA, Thales Alenia Space, NIGCOMSAT partners to develop SBAS services for business sectors in Africa
The Agency for Air Navigation Safety in Africa and Madagascar (ASECNA), Nigerian Communications Satellite Ltd. (NIGCOMSAT) and Thales Alenia Space, the joint…
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The Lagos State Government said it has invested N103 billon into the provision of infrastructure to provide downstream contracts for Micro, Small…