Business

Africa trade policy group appoints Ese Owie as Convenor, targets global influence

Africa trade policy group appoints Ese Owie as Convenor, targets global influence

By Jeremiah Urowayino Trade experts and thought leaders from across the African continent have said Africa has a role in shaping the World Trade Organisation, WTO, reform, noting that the world is at a critical juncture for the multilateral trading system. They said this while launching the Africa Trade Policy Working Group, ATP Working Group, […]
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Zenera Consulting boss, Meka bags IMC Fellowship

Zenera Consulting boss, Meka bags IMC Fellowship

The Managing Partner of Zenera Consulting, Meka Olowola has joined the list of indigenous consultants conferred a fellowship by the Institute of Management Consultants of Nigeria (IMC).

Piracy attacks: US warns ships over Nigerian waters

Piracy attacks: US warns ships over Nigerian waters

The United States of America, through its Maritime Administration, has published the latest Maritime Alert. In the alert, which was released, Wednesday, it warned ships to be wary when approaching Nigerian waters.

Two Nigerians, 14 others win $100,000 each to participate in Expo Dubai 2020

Two Nigerians, 14 others win $100,000 each to participate in Expo Dubai 2020

Two Nigerians are among the 16 innovators granted $100,000 each by Expo Dubai 2020 live to participate in the 2020 event. The grant of $100,000 each is to aid the innovators to expand their project and impact the lives of rural dwellers. The two Nigerian innovators are Dr. Emmanuel Owobu co-founder of OMOMI and Misan Rewane, CEO of WAVE

How DBN’ll bring down interest rate for MSMEs —  Okpanachi

How DBN’ll bring down interest rate for MSMEs — Okpanachi

MANAGING Director of the Develop ment Bank of Nigeria (DBN), Mr. Tony Okpanachi, has said that his organization would systematically bring down interest rate on loans to Micro, Small and Medium Enterprises (MSMEs), in the country. Okpanachi who signed a N5 billion partnership agreement with three microfinance banks in Abuja to commence DBN lending operations, said that lessons had been learnt from defunct Development Finance Institutions (DFIs) and that as such DBN has been modeled to operate on a sustainable basis. His words, “We know that some of the DFIs in the past started well but they are no longer in the market. DBN is modeled to be operate on a long-term and on a sustainable basis.   For it to be sustainable you have to financially build yourself up. There is a difference between intervention funds that you bring in for a particular purpose to achieve certain things for a period of time and a long-term funding we are providing, which is for a longer term. The idea is for DBN, 50, 60 years down the line, like any other reputable international DFI to be available for funding.”

Vanguard Detty December