BUSINESS
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Free trade zones generated N35.1bn customs duty in 2021 – NEPZA
The Nigeria Export Processing Zones Authority (NEPZA), says that the Free Trade Zones (FTZs) Scheme generated a total of N35.1…
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FirstBank announces name change of subsidiaries
First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries…
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Wema Bank confirms Moruf Oseni as new Managing Director
Wema Bank Plc. on Saturday confirmed the appointment of Mr. Moruf Oseni as its substantive Managing Director and Chief Executive…
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AfDB: Let’s harness Africa’s renewable energy sources – Adesina
Dr Akinwunmi Adesina, African Development Bank (AfDB) Group President, says urgent action is needed to reduce the world’s dependence on…
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World Bank announces Ajay Banga as sole nominee for President
The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for…
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Address challenges stifling businesses, NECA urges FG
The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to demonstrate commitment to addressing monetary and fiscal policy…
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Access Bank partners AfriGOpay to boost Nigeria’s payment ecosystem
Access Bank in partnership with AfriGOpay, has launched the first national domestic card designed to meet the needs of the…
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Africa needs “Domestic Financial System’’ to prosper – Oramah
Prof. Benedict Oramah, President/Chairman, Board of Directors of African Export-Import Bank (Afreximbank) has proposed creation of a Domestic Financial System…
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Afreximbank grants Parallex Bank $10m trade finance facility
Nigeria’s Parallex Bank Ltd. has received $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and…
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