Sunday, February 18, 2018

‘Nigerian banks, others not successful in offshore operations’

Access Bank Plc PHOTO: thescoopng.comMajority of Nigerian banks and those of the other countries in the Sub-Saharan Africa have not had a “smooth ride”...

Afreximbank urges enterprises to engage factoring to solve cash flow difficulties

Kanayo Awani. PHOTO:www.afreximbank.com The African Export-Import Bank (Afreximbank) has urged African enterprises to make use of factoring to take advantage of the opportunities for expanding...

FG tasks contractor on planned demolition of buildings for Lagos-Ibadan rail

The Federal Government has said it would be saving about N2.8bn required to compensate owners of the affected buildings on the right of way...

Enugu Assembly complains of banks’ excessive charges

CBN building • Passes Appropriation bill The Enugu House of Assembly has urged the Central Bank of Nigeria (CBN), and other financial regulatory authorities to look...

Lagos-Kano economic summit holds February 28

President Muhammadu Buhari has been listed as one of the dignitaries to discuss strategic importance of collaboration among key institutions for national development at...

CBN ex- chief calls for N500b venture capital fund to boost...

Chiedu Moghalu Former Deputy Governor, Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has called for the creation of a N500billion Venture Capital Fund, to...

Indonesia-African forum to attract FDIs as trade with Nigeria hits $2.5b

Bagus Wicaksena The International Trade Promotion Center (ITPC) Lagos has stated that the trade volume between Nigeria and Indonesia hit over $2.5 billion in 2016. The...

NLNG seeks more gas projects in Nigeria

The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, has emphasised the need for Nigeria to unleash its gas potentials, and support the...

Stock market rebounds, indices up by N166 billion

Nigerian Stock Exchange After seven consecutive sessions of downward trend, the bulls, upstaged the bears on the equity sector of the Nigerian Stock Exchange (NSE),...

NMDC seeks partnership with Malaysian Smelting Corporation

The management of the National Metallurgical Development Centre (NMDC), Jos, Plateau State, has expressed the Research Institute’s desire to partner with the Malaysian Smelting...
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