Wema Bank secures €50m EIB facility to support SMEs
By Henry Obetta Wema Bank has secured a Euro 50 million (N78.5 billion) financing facility from the European Investment Bank’s development arm, EIB Global, to expand access to credit for small and medium-sized enterprises (SMEs), with a strong focus on women- and youth-owned businesses. The agreement, signed in Lagos, marks the first transaction between EIB […]
NAHCO to leverage on N3.9bn facility to boost profitability
Nigerian Aviation Handling Company Plc, NAHCO Aviance, has declared its preparedness to leverage on the opportunities presented by its N3.925 billion ($25 million) ultra modern warehouse facility to deliver improved returns on investment to shareholders and further strengthen its position in the aviation industry in the years ahead.
Trading in FGN bonds dips by 0.34%
A decline was recorded in transactions in the Over-The-Counter, OTC, market for Federal Government of Nigeria, FGN, bonds last week, as the volume of bonds traded depreciated by 0.34.
Firm invests N775m in QSR
A Nigerian based firm, Eat n Go is to invest N775 million (about $5 million) in a franchise agreement to bring in Domino’s Pizza, a popular United States (US) based eatery outfit to the country, as it plans to established about 500 stores in the next three years.
Committee urges FG to reserve 10% of budget for agriculture
Chairman, Senate Committee on Agriculture, Sen. Emmanuel Bwacha (PDP-Taraba), says the agriculture sector will thrive better if the Federal Government dedicates 10 per cent of the national budget to it. Bwacha, who made the statement in an interview with the News Agency of Nigeria (NAN) in Abuja, lamented that not up to four per cent of Nigeria’s budget was committed to agriculture.
Training should not be seen as a stressful exercise says Dr.Odhomo
Dr. Joseph King E. Odhomo, chairman, Pejoe Development Co. Ltd., Upstream and Downstream sector; petroleum marketers, transporters, industrial electrical, engineering works, oil field services, projects management and general contractors.
