Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The …
AfricaAFRICA NEWSBusiness PoliciesNewsNigeria
Tag:
Nigeria
-
-
BusinessEconomyNigeriaOil & Gas
State Security Service gives NNPC and marketers 48 hours to resolve the ongoing fuel scarcity
The State Security Service has issued a 48-hour ultimatum to the Nigerian National Petroleum Company Limited and fuel marketers to resolve the ongoing petroleum scarcity in the country. The secret police, …
-
In an attempt to revive the dwindling breakfast culture in Nigeria, dairy products maker, FrieslandCampina WAMCO Nigeria Plc recently launched its breakfast campaign in Lagos. In a release, the Senior …
-
BusinessEconomyEntrepreneurshipMarketsNigeria
Famous Maiduguri fish market returns to business despite the challenges
Business activities have fully resumed at the famous Baga Fish Market, Maiduguri, an indication that life is steadily returning to normal after more than a decade-old insurgency halted many business …
-
Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
China accounts for 66% debt-service payments by Nigeria, other IDA countries in 2022
China is expected to account for 66 percent of the debt-service payments International Development Association (IDA) countries will be making on their official bilateral debt in 2022, the world bank …
-
AgricultureBanking, Finance & InvestmentBusinessEconomyNigeria
None Nigerian farmers benefitting from Anchor Borrowers’ Programme
The All Farmers Association of Nigeria, on Wednesday, said most beneficiaries of the billions of naira released by the Central Bank of Nigeria under its Anchor Borrowers’ Programme were not …
-
AFRICA NEWSBusinessEconomyNigeriaTechnologyTransportation & Logisitics
FedEx establishes a direct commercial presence in Nigeria to support customers with international trade
FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the …
-
AirtelBusinessEconomyFinance & ServicesINVESTMENTNigeria
Lagos-based equity and Investment firm decries funding gap for women-led businesses
The Managing Partner of Aruwa Capital, a Lagos-based equity and investment company, Adesuwa Okunbo-Rhodes, has complained about the funding gap women-focused businesses are grappling with. She argued that businesses managed …
-
AirtelBusinessEconomyFinance & ServicesMarketsNigeriaTechnology
Airtel signs $194 million loan deal with IFC to boost African operations
Tuesday entered pact with Washington-based International Finance Corporation (IFC) to obtain $194 million credit to strengthen operations in six of its 14 African markets. IFC is a unit of the World Bank …
-
BusinessEconomyEducationFinance & ServicesNigeriaTechnology
NASENI to maintain Nigeria’s critical infrastructure
The President, Major General Muhammadu Buhari (retd.), on Tuesday, said maintaining Nigeria’s critical infrastructure may pose a challenge in the medium and long term except for the deliberate repositioning of …