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 […]
Local govts seek financial autonomy from FG, States
Towards a sustainable grassroots development in line with the federal governments Vision 20-20-20 initiative, the local governments in Nigeria have began moves to wrest financial autonomy from both the4 federal Government and the States.
Bullish trend persists, share value rises by N81bn
The bullish trend in the Nigerian capital market continued for the third day running, Wednesday, as gains on the share prices of majority of the listed equities, drove up the market capitalisation and All-share index by 1.33 per cent each
Traders Task FG on funding of Small Scale Industries
THE National Association of Nigerian Traders (NANTS) has said that if the Federal government must achieve the set goal of becoming one of the top twenty economies of the world, there was the urgent need for resources to be channelled into the development of small scale industries in Nigeria.
FG should not experiment with the appointment of SEC DG
The Federal Government should not ex-periment with the appointment of a new Director-General of the Securities and Exchange Commission (SEC) by appointing a learner, says a senior capitala market operator.
Umuchinemere Procredit MFB establishes Micro Insurance Scheme
The Umuchinemere Procredit Micro Finance Bank (UP-MFB) Nigeria Limited, Enugu, in its efforts to empower and improve the well being of the active poor, is set to establish a micro insurance scheme for the rural populace of Enugu
Chairman of the bank, Rev. Obiora Ike, at the commissioning of the bank’s Customer Relations Office (CRO), at Afor-Oghe, in Ezeagu LGA, Enugu State, disclosed that the aim of the insurance policy was to secure the farm produce, livestock, and small business enterprises of the active poor, according to their levels.
