Stock market losses N1.9trn to profit-taking
•Analysts finger Dangote Refinery IPO By Peter Egwuatu The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market was bullish penultimate week, as investors gained N3.73 trillion on the Nigerian Exchange Limited, NGX. However, last week’s trading was characterised by heavy selling pressure […]
AfDB earmarks $2b for agric in Africa for 5 years
The African Development Bank (AfDB) said on Wednesday in Abuja that it had earmarked $2 billion for the development of agriculture in Africa in the next five years.
Non-oil exports key to economic development, NEPC
FOR the nation to be long to the league of 20 largest economies in the world by the year 2020, Nigeria must as a matter of urgency diversify her economic base by developing and promoting its non-oil exports, the Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Mr. David I. Adulugba has said.
Forum to boost Nigeria-US business, FG
MINISTER of Commerce and Industry, Chief Achike Udenwa has said that the forthcoming USA-Nigeria Business Forum will not only boost business between the two countries but also improve diplomatic relations between them.
NEPC plans incentives to boost AGOA exports
Worried by the inability of Nigerian entrepreneurs to maximize the benefits of the African Growth and Opportunity Act (AGOA), the Nigerian Export Promotion Council (NEPC) has proposed a special incentive package for the over 500 trainees, who graduated from the Human Capital Development Centre (HCDC) popularly called the AGOA Training School, Ikoyi, Lagos.
Katsina govt pays N40.3m on Fadama programme
The Katsina State overnment has paid its N40.3 million counterpart fund for the Fadama III programme.Alhaji Magaji Abubakar, the state Coordinator of the programme, made this known on Monday in Katsina.
