The Central Bank of Nigeria (CBN) and the Maize Association of Nigeria (MAAN) have begun a collaboration to aggregate maize under the Anchor Borrowers Programme (ABP) of the federal government for the 2021 wet season. The News Agency of Nigeria (NAN) reports that the maize farmers also inaugurated the...
BUSINESS
As part of efforts to promote saving culture among Nigerians, Fidelity Bank Plc has announced the first set of millionaires from the fifth season of its savings promo, Get Alert in Millions (GAIM 5). The Executive Director in charge of the Lagos and South West Directorate of the Bank,...
By JOY ADARA, Abuja – The Nigerian Communications Commission (NCC) has determined the new International Termination Rate (ITR) for voice services paid by overseas telecom carriers for terminating international calls on local networks in Nigeria at $0.045. The new rate is contained in the ‘Determination of Mobile International Termination...
Stock market operators have expressed optimism that trading on the nation’s bourse would close bullish ahead of Christmas holidays as investors position for dividend paying stocks for 2021 financial year. They said this in interviews with the News Agency of Nigeria (NAN) in Lagos on Sunday, while speaking on...
FBN Holdings Plc has officially notified the Nigerian Exchange Ltd and the investing public of the resignation of Mr Remi Babalola, its Chairman and Non-Executive Director. This is contained in the statement on investors’ relations signed by the Company Secretary, Mr Seye Kosoko, posted on the NGX website. The...
In the spirit of providing enabling opportunities for families of its customers and other stakeholders to come together to celebrate, live better and achieve their dreams, FirstBank – through its yearly DecemberIssaVybe campaign – has unveiled the 2021 calendar of events as it reiterates its impact on the arts...
Mr Afolabi Imoukhuede, Senior Special Assistant to the President on Job Creation, says Public-Private Partnership (PPP) will grow Nigeria’s technology infrastructure. Afolabi said this while fielding questions from newsmen at a youth empowerment programme, tagged, “The Surge Entrepreneurship Summit”, on Saturday in Abuja. The theme of the summit is...
By DAVID IORJA, Abuja – *Next: Kebbi, Kaduna, Ekiti, Bauchi, Ebonyi, Katsina, Kano, Ogun, others in 2022 In line with its initiative to persistently provide support for Micro, Small and Medium Enterprises (MSMEs) across the country, Vice President Yemi Osinbajo, has restated the Buhari Administration’s determination to provide a...
Vice President Yemi Osinbajo has expressed optimism that the African Development Bank (AfDB)’s 600 million dollars support fund for digital and creative enterprise in Nigeria will be ready by early 2022. VP Osinbajo said this at an interactive session with graduands of Edo Tech Park, in Benin City, Edo,...
By OLA MUDOPE, Lagos – A new local airline, The United Nigeria has commenced scheduled flights to Anambra State on Dec. 18. The United Nigeria spokesman, Mr Achilleus-Chud Uchegbu, disclosed this to newsmen in statement issued on Friday in Lagos. According to the statement, “The airline will operate scheduled...
PATRICK ABANG, Calabar – The Nigerian Export Promotion Council (NEPC) Calabar Export Assistant Office has trained over one hundred youths on non oil Export as part of measures for youths to take active involvement in the economic diversification drive. Declaring the One Day Workshop on Youth Inclusiveness in Non...
First Bank of Nigeria has unveiled the calendar of events for its yearly DecemberIssaVybe campaign which, it says, will impact much on the entertainment industry. The Group Head of Marketing/Corporate Communications, FirstBank, Ms Folake Ani-Mumuney, made the disclosure in a statement on Friday in Lagos. Ani-Mumuney said that the...
By MBAFAN ADE, Abuja – Ahead of the anticipated 2022 rollout of Fifth Generation (5G) network in Nigeria, the Nigerian Communications Commission (NCC) has organised capacity building workshops for media executives in the northern and southern divides of the country, as part of efforts to support their continuous professional...
The 36 Nigerian governors are to review the proposed privatisation of the 10 generating plants across the country under the National Integrated Power Projects (NIPPs), by the Federal Government. The governors under the aegis of Nigeria Governors Forum (NGF) disclosed this in a communique issued in Abuja and signed...
We’re committed to consumer protection – Danbatta The Emir of Kano, Alh. Aminu Ado Bayero, influential individuals, who visited the Nigerian Communications Commission (NCC) pavilion as well as telecom consumers, who participated at the ‘NCC Special Day’ at the recently-concluded 42nd edition of the Kano International Trade Fair, 2021...
The Nigerian Content Development and Monitoring Board (NCDMB) says 53 Nigerian companies have so far accessed loans under its Nigerian Content Intervention Fund (NCIF) scheme. Mr Obinna Ofili, General Manager, Nigerian Content Development Fund and Treasury Management, NCDMB, disclosed this at the 2021 Capacity Building Workshop for Media Stakeholders...
By OLA MUDOPE, Lagos – The Board of Directors of the African Development Bank (AfDB) has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. NATIONAL ACCORD reports that the investment in Digital and Creative Enterprises Program (i-DICE) is a Federal Government...
The GIZ-funded Cassava & Maize Value Chain Project has established 60 cassava commercial seed entrepreneurs in Ogun and Oyo state as part of efforts to revamp the seeds system and create jobs in local communities. The project, which is under the Green Innovation Centers of GIZ was created in...
By OLA MUDOPE, Lagos – The Board of Directors of the African Development Bank (AfDB) has approved a line of credit of €70 million and an equity investment of $24 million, to be granted to the West African Development Bank. The line of credit will support businesses in the...
By TENEBE ANTHONIA, Lagos – NGX Regulation (NGX RegCo) Limited has restated its commitment to promoting a fair, transparent, and orderly Nigerian capital market at the the 2021 Issuers’ Engagement Forum with the theme: ‘Corporate Disclosures – Beyond Numbers’. Speaking at the conference, the Chief Executive Officer, NGX RegCo,...