Central Bank of Nigeria introduced a “Naira 4 Dollar Scheme”

————— Nigeria’s apex bank, THE Central Bank of Nigeria has introduced a “Naira 4 Dollar Scheme” to encourage more diaspora remittance to the country. The apex bank said the scheme was an “incentive that pays naira to senders and recipients of international money transfers.” This was disclosed in a CBN circular, issued to all... Read More

Breaking News, Business

February 23, 2021

NCC-regulated telecoms sector, others responsible for Nigeria’s exit from recession – Commission

—————- NCC-regulated telecoms sector, others responsible for Nigeria’s exit from recession – Commission Nigerian Communications Commission, NCC, has said that the telecommunications industry under its watch is one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020. According to NCC, the sector contributed 12.45 percent to the... Read More

Breaking News, Business, Technology, World News

February 22, 2021

Liquid Telecommunications bond offering is fourth recent digital and telecommunications financing by PIDG company Emerging Africa Infrastructure Fund

———— “Growing Africa’s digital infrastructure is a key foundation stone in recovering the continent from the global economic devastation of Covid,” says EAIF Investment Director The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) (www.PIDG.org) company, has committed to buy up to US$50,000,000 of a bond issue by Liquid Telecommunications, that is... Read More

Breaking News, Business, Finance, Technology, World News

February 19, 2021

AS EHINGBETI 2021 ECONOMIC SUMMIT CLOSES , SANWO-OLU PLEDGES TO DOUBLE INVESTMENT IN YOUTH.

• Investors, Business Leaders Chart New Course for Lagos, Transmit Resolutions To Govt. • ‘Lagos Is Fortunate To Be Led By Visionary Governors’ – El-Rufai The 8th Lagos State Economic Summit (Ehingbeti) has drawn to a close today, with the organisers and participants departing with actionable resolutions to chart a new... Read More

Africa News, Breaking News, Business, Nigeria News, World News

February 19, 2021

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) Signs (MoU) for the financing and promotion of the automotive industry in Africa.

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. A statement from the Bank made available in Abuja on Thursday, said the MoU also provides for them to support, in conjunction with the... Read More

Africa News, Breaking News, Business, Technology, World News

February 12, 2021

PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT

PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion. It is envisaged that, over time, the entity will grow to N15 Trillion in assets... Read More

Africa News, Breaking News, Business

February 7, 2021

Pres. BUHARI, TINUBU, MO IBRAHIM, FASHOLA, ADESINA, OKONJO-IWEALA TO SPEAK AT EHINGBETI NEXT WEEK

…………….. PRESIDENT BUHARI, MO IBRAHIM, TINUBU, FASHOLA, ADESINA, OKONJO-IWEALA TO SPEAK AT EHINGBETI NEXT WEEK Ehingbeti, the Lagos Economic Summit scheduled to hold from next Tuesday to Thursday, is living-up to its repute as Africa’s most practical and result-oriented private sector-led forum for socio-economic and infrastructural development, with the quality of speakers confirmed to discuss... Read More

Breaking News, Business

February 5, 2021

GOVERNMENT CONFIRMS MANDATORY HOTEL QUARANTINE TO BE INTRODUCED FROM 15 FEBRUARY

———- GOVERNMENT CONFIRMS MANDATORY HOTEL QUARANTINE TO BE INTRODUCED FROM 15 FEBRUARY Managed Quarantine Facilities to come into effect from 15 February Discussions with transport and hospitality industry already underway and commercial specification issued to hotels Health Secretary to oversee implementation and to chair new Cabinet sub-committee, working closely with former Vice Chief of Defence... Read More

Africa News, Breaking News, Business, community, Life Style

January 25, 2021

STATE GOVERNORS BANNED OPEN GRAZING ACROSS THE WHOLE REGION

———— Governors of Kebbi and Jigawa attended a major meeting in Akure, Ondo State by the South-West governors today Monday. The meeting outcome agreed to banned all forms of open grazing in the SW region mostly led by unaccounted herdsmen. The meeting had other groups such as the Miyetti Allah Cattle Breeders Association of Nigeria... Read More

Africa News, Breaking News, Business, community

January 22, 2021

NIN ENROLMENT OF DIPLOMATS COMMENCES AT THE MINISTRY OF FOREIGN AFFAIRS

………. Federal Ministry of Communications and Digital Economy NATIONAL IDENTITY MANAGEMENT COMMISSION NIN ENROLMENT OF DIPLOMATS COMMENCES AT THE MINISTRY OF FOREIGN AFFAIRS. The National Identity Management Commission has commenced the enrolment of foreign diplomats in Nigeria. The Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami) in his bid to ensure... Read More

Breaking News, Business, community

Central Bank of Nigeria introduced a “Naira 4 Dollar Scheme”

NCC-regulated telecoms sector, others responsible for Nigeria’s exit from recession – Commission

Liquid Telecommunications bond offering is fourth recent digital and telecommunications financing by PIDG company Emerging Africa Infrastructure Fund

AS EHINGBETI 2021 ECONOMIC SUMMIT CLOSES , SANWO-OLU PLEDGES TO DOUBLE INVESTMENT IN YOUTH.

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) Signs (MoU) for the financing and promotion of the automotive industry in Africa.

PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT

Pres. BUHARI, TINUBU, MO IBRAHIM, FASHOLA, ADESINA, OKONJO-IWEALA TO SPEAK AT EHINGBETI NEXT WEEK

GOVERNMENT CONFIRMS MANDATORY HOTEL QUARANTINE TO BE INTRODUCED FROM 15 FEBRUARY

STATE GOVERNORS BANNED OPEN GRAZING ACROSS THE WHOLE REGION

NIN ENROLMENT OF DIPLOMATS COMMENCES AT THE MINISTRY OF FOREIGN AFFAIRS

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