W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
Those investing in bit coins are gamblers – NDIC Chief
Those investing in virtual currency or bit coins are gamblers, the Deputy Director of Research, Policy and International Relations (RPIR) of the Nigeria Deposit Insurance Corporation (NDIC), Dr. Sabo Katata, has said.
ARMS PROLIFERATION: FG, Turkey sign MoU on illicit imports
THE Federal Government through the Comptroller General of the Nigeria Customs Service, NCS, has signed a Memorandum of Understanding, MoU, with its Turkish counterpart with a view to stemming the importation of arms, ammunition and other illicit cargoes.
World Bank raises concern over states’ solvency
The World Bank, yesterday, raised concern over the financial status of states in Nigeria, while it also stated that despite Nigeria’s recent Gross Domestic Product, GDP, growth, a number of fiscal challenges still exist at different levels of governance.
Investors Protection Fund: NSE seeks 8 year tenure for Board members
The Nigerian Stock Exchange, NSE, has proposed for an extension in the tenure of Board of Trustees of the Investors Protection Fund, IPF, to two terms of four years each.
BOI tasks women entrepreneurs to employ more people
The Bank of Industry, BOI, has challenged women entrepreneurs in the country to take advantage of its funding windows to improve their businesses and create more employment.
