Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
Association urges FG to cancel privatisation of Zuma, Osogbo Rolling Mills
The African Iron Ore and Steel Association on Monday in Abuja, urged the Federal Government to cancel the privatisation of Zuma, Osogbo and Delta Rolling Mills. The companies were sold in 2005 under the privatisation policy of former President Olusegun Obasanjo.
Operator calls for tenure limits for non-EDs of banks
A Senior Advocate of Nigeria and financial expert, Dr. Konyinsola Ajayi has called on the Central Bank of Nigeria (CBN) to also extend the limit placed on the tenure of chief executive officers of banks in the country to Non-executive directors of banks.
Emerging markets will drive M&A this year, bankers in Davos say
Companies based in emerging markets will probably drive global mergers and acquisitions, as countries such as Brazil, India and China fuel economic growth, said bankers meeting this week in Davos, Switzerland.
Microfinance bedrock of economic devt, VP
Vice President, Goodluck Jonathan, has described the microfinance sector as crucial to economic development and nation-building.
He stated this during the presentation of the best state of the microfinance, small and medium enterprise and the first runner-up under Agric Credit Guarantee Scheme-Trust Fund Model Awards to Governor Emmanuel Uduaghan of Delta State in Abuja, last Thursday.
Ecobank opens representative in South Africa
ECOBNK has opened a representative office in Johannesburg, making South Africa the 30th African country in which the pan-African bank has a presence.
