The Central Bank of Nigeria (CBN) has disbursed a total of N23.20 billion to 28 companies whose projects were selected for funding in the maiden batch of its newly introduced “100 for 100 Policy for Production and Productivity (PPP)” initiative. CBN Governor, Mr. Godwin Emefiele, who disclosed this on Monday in Abuja, also said the…
Lai mohammed, minister of information and culture, says the federal government will look into the possibility of seeking a review of the $35,000 fee requested by Egypt from foreigners to operate a business enterprise in the country. According to NAN, the minister said this during a recent meeting with the Nigerian community in Cairo, Egypt’s…
The Nigerian Women Trade Exhibition (NAWTE 2022) has said that it is targeting 10m women in the 36 states and the FCT for capacity building that will enhance their investments and other forms of business. The National Coordinator, NAWTE, Hajiya Sameera Abubakar Abdullahi, said this Saturday in Abuja at a news conference in preparation for…
The founder of TEXEM UK, Dr Alim Abubakre, a British Nigerian, has said that improving business performance during a pandemic like COVID-19 is a very challenging task. Abubakre, who spoke with the News Agency of Nigeria (NAN) in Abuja said this was because there were disruptions which a business leader needed to avoid during such…
The Abuja Chamber of Commerce and Industry (ACCI) is set to host a roundtable to brainstorm and analyse the progress and challenges of the domestic export warehouse in the country. The roundtable organised by the National Chamber Policy Centre (NCPC) of ACCI will focus on the challenges as well as solution to further boost implementation…
Germany holds the presidency of the G7 in 2022. We take a look at the Group of Seven and the goals of the German government 2022 is the third time that Germany has assumed the G7 presidency. The German government has set itself a number of goals for its one-year presidency of this group of seven leading…
The Minister of Transportation, Rt. Hon. Chibuike Amaechi has expressed satisfaction with the increased pace of work on the construction of the Lekki Port Lagos. Amaechi made this comment today, during his inspection of the port site, in the company of top government functionaries from the Federal Ministry of Transportation and Heads of relevant agencies,…
The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) launched Etihad 7 program to fund renewable energy projects in Africa at Abu Dhabi Sustainability Week 2022. According to the Ministry, Etihad 7, a UAE-led innovation program, is dedicated to securing funding for renewable energy projects in Africa with a view to supply clean electricity…
Prime Minister Abiy Ahmed said the Grand Ethiopian Renaissance Dam (GERD) holds multiple benefits for the two downstream countries of Sudan and Egypt, as well as the East African region at large. In his statement released today, the premier described the renaissance dam as a good example that is demonstrative of the principle of cooperation….
By Russell Taylor The United Kingdom is ramping up its investment drive in Africa as the 2nd Africa Investment Conference #AIC2022 was held yesterday , highlighting investment opportunities across #Africa and giving a great networking platform for #UK and African businesses. London had since last year launched a coordinated agenda to deepen and expand old…
