- Economy
MSMEs: 1.3 million to get jobs in 17 states, FCT
In a bid to complement the Federal Government’s efforts to improve the economy and create more jobs, a group of partners in the Micro, Small and Medium Enterprises (MSME) space are set to execute various MSME-focused interventions, targeting 1.3 million beneficiaries across 17 States and FCT. The MSME and Job Creation Unit of the Vice President’s Office which is coordinating…
Read More » - Economy
African carriers need additional 160 aircraft by 2042 – Airbus director
Mr Joep Ellers, Airbus Airline Marketing Director for Africa, had said that African carriers will need at least 160 new passenger and freighter aircraft to meet the rising demand by 2042. Ellers made the assertion on Tuesday in Abuja while addressing newsmen ahead of Aviation Africa Summit and Exhibition scheduled to hold on Sept. 13 to Sept.14. in Abuja. According…
Read More » - Homeland News
Ondo Governor, Akeredolu, sacks deputy’s media aides
Ondo State Governor Rotimi Akeredolu has sacked all media aides attached to his Deputy, Lucky Aiyedatiwa. This was contained in a statement signed by the Chief Press Secretary to the Governor, Richard Olatunde, which was made available to our correspondent. Akeredolu had recently returned to the country from Germany where he was on medical leave, taking over the helms of…
Read More » - Development
Afreximbank to double intra-African trade financing to $40bn by 2026
African Export Import Bank (Afreximbank) is set to double its financing of intra-African trade to 40 billion dollars on a revolving basis by 2026. This bank’s intra-African trade financing stood at 20 billion dollars in 2021. Afreximbank’s Executive Vice President, Mrs Kanayo Awani, Made the disclosure at the Intra-African Trade Fair 2023 (IATF) Nigeria High Level Business Roadshow on Monday…
Read More » - Homeland News
Mowe-Ofada road to be ready by October ending – Abiodun
The eight kilometer Mowe-Ofada road in Obafemi Owode Local Government Area of Ogun State will be completed by the end of October. This was disclosed by Governor Dapo Abiodun during an assessment and inspection of work done so far on the road, even as the State’s helmsman immediately approved the rehabilitation of Adesan Road in the same axis after appeals…
Read More » - National News
Tinubu mourns doyen of accounting, Akintola Williams
“President Bola Tinubu shares in the pain of loss with the family, friends and associates of the Doyen of Accounting in Nigeria and Sub-Saharan Africa, Chief Akintola Williams, who passed away on Monday at the age of 104 years old,” his media aide Ajuri Ngelale said on Tuesday. The statement by Ngelale said President Tinubu sympathises with the Lagos and…
Read More » - Development
Afreximbank signs MOU to support development of Anambra State
…foresees $200-million debt financing The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MOU) with Nigeria’s Anambra State Government to collaborate on state development efforts through the provision of project preparation and advisory services, including a potential debt financing programme of up to US $200 million. Under the terms of the MOU signed by Mrs. Kanayo Awani, Afreximbank’s…
Read More » - Development
Seven innovations that could save 2m mothers, babies, by Gates Foundation
Global access to seven innovations and practices that can effectively address the leading causes of maternal and newborn deaths have been highlighted by The Bill & Melinda Gates Foundation. The Foundation’s 2023 Goalkeepers Report, released on Tuesday, September 12, 2023, gave insight into strategic areas where innovation and investment can fuel progress, particularly in the fight against the global epidemic…
Read More » - Economy
Olam denies fraud allegations in Nigeria, orders review
Olam Group Ltd.’s shares tumbled the most in over three years after the agricultural commodities trader denied allegations of a multibillion dollar fraud in Nigeria and ordered a review into the matter. The company categorically denies the allegations about Olam Nigeria and its subsidiaries, and refutes all “baseless and inflammatory statements,” it said in a filing to the Singapore exchange…
Read More » - Economy
NASENI CEO charts new course for management, staff
The new Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has charged the management team to commit fully to the new direction being charted for the agency. Halilu stated this Monday, as he began receiving operational briefings from the agency’s management and senior staff. He reiterated that under his watch, NASENI will…
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