Africa needs $200bn yearly energy investment — IPPG
•Africa Energy Bank to start operations in October — Farouk By Udeme Akpan Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand electricity generation and distribution, and grow clean energy, Chairman of the Independent Petroleum Producers Group (IPPG), Adegbite Falade, has said. Falade, who spoke yesterday at […]
Govt borrowing distorting the economy – LCCI
The Lagos Chamber of Commerce and Industry, LCCI, has said that increased government borrowing from the domestic financial markets has become a major source of distortion of the financial inter-mediation process in the Nigerian economy.
BoI chief proposes reverse engineering for economy
The Managing Director Bank of Industry (BoI) has called for the adoption of Reverse Engineering by our local scientists and engineers in order to move the country forward technologically, asserting “Technology transfer is not going to work.”
Nigeria set to enhance agro-allied products export earnings
The era of Nigeria’s agro allied products being rejected in international markets are now coming to an end as the country is set to go places in terms of export promotion and high investment portfolio.
N220bn CBN facility: Skye Bank woos S/East SMEs operators
AWKA—TO assist small and medium enterprises, SMEs, in the five South East states nurture and grow their businesses with the N220 billion provided by the Central Bank of Nigeria, CBN, for the benefit of businesses in this sub –sector, the SKYE Bank Plc has educated them on the best way to maximize the fund.
Nigeria generated 4,226 jobs last three months of 2014 —NBS
The National Bureau of Statistics yesterday said that a total of 4,226 jobs were created in the last quarter of 2014.
