FG moves to secure farms, attract investors
By Emma Ujah, Abuja Bureau Chief The Federal Government has moved to address insecurity threatening agricultural investments, signing a partnership agreement to develop security arrangements for farms and attract investors to multibillion-dollar soybean and sugarcane projects in Yobe and Jigawa states. The Ministry of Finance Incorporated (MOFI), Integranium Holdings and Defence Agricultural Assets and Projects […]
BACCIMA seeks dredging of Badagry channel for enhanced trade
By Godwin Oritse The Badagry Chamber of Commerce, Industry, Mines and Agriculture (BACCIMA) has called for the immediate and sustained dredging of the Badagry Channel to boost maritime trade and strengthen economic ties among countries in the West African sub-region. Speaking to Vanguard on the sidelines of the recently concluded World Maritime Day celebration at […]
CBN grants JPMorgan approval-in-principle to establish merchant bank
The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited.
Cardoso puts Nigerian financial markets at centre of deeper investment ties with China
CBN Governor Cardoso has identified investment in Nigerian financial markets, including naira-denominated instruments, as a key opportunity to deepen financial ties with China.
Landing cost of petrol falls to N1,283.81/litre
•As crude oil rises to $108.90 per barrel By Ediri Ejoh The landing cost of imported Premium Motor Spirit, PMS, also known as petrol, has dropped marginally to N1,283.81 per litre from N1,292.88 per litre. The latest figure was disclosed by the Major Energies Marketers Association of Nigeria, MEMAN, in its energy bulletin yesterday. The […]
Insurance firms’ N300b stuck at CBN over verification for illicit funds
The insurance firms’ efunds were held in the Central Bank of Nigeria, CBN, pending verifications for illicit funds inflows
