FG maps 500,000 MSMEs to drive industrial growth, competitiveness
…Disburses over N600bn through BoI to support business By Yinka Kolawole The Federal Government has captured more than 500,000 Micro, Small and Medium Enterprises (MSMEs) in a national database as part of efforts to strengthen industrial development, improve policy planning and enhance Nigeria’s competitiveness in regional and global trade. This is even as over N600 billion has […]
UNEP report says environment investment to spur economic growth
A newly published report by the UN environmental agency underscores how environmental investments can get the global and national economies back to sustainable work.
G8 agrees to, open trade, boosts farm aid
Group of 8 leaders will agree to fight trade protectionism and mobilise billions over the next three years to boost agricultural investment in the developing world, according to reports.
IITA begins on-farm trials on new new yam
THE International Institute of Tropical Agriculture (IITA) in partnership with Nigerian farmers has begun preliminary trials of propagating yam through vine cuttings on farmers’ fields in Niger State.
UBA leads ExxonMobil/NNPC $265m upstream financing
A consortium of eight Nigerian banks led by UBA, as the lead bank, are in a $265million supplementary refinancing deal for ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). The banks are United Bank for Africa Plc, Oceanic Bank, Standard Chartered Bank, Skye Bank, Zenith Bank, Bank PHB, Access Bank and Union Bank Plc.
NAICOM embargos new insurance licence, to reduce insurance coys
Insurance companies operating in the country have the options to freely go into Merger and Acquisition (M & A) or have the law compel them to do so as the National Insurance Commission (NAICOM) says 51 insurance companies operating in the country are too many.
