Banking

NEXIM Bank, partner of cotton producers.

The National Cotton Association of Nigeria (NACOTAN) has called on NEXIM Bank to ensure cotton grower’s benefit from the bank’s financial intervention. NACOTHAN made the call in a communiqué signed by the Chairman, Conference Organising Committee, Felix Egbamuno in Abuja, after a two-day summit and expo, with the theme, ‘Revamping the Cotton Value Chain.’ He said NEXIM Bank will partner…
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Transportation

Transport unions approved by the government.

The federal government has approved the registration of the Nigerian Transport Workers Union as a union based on an application. This statement is contained in a letter provided to AATWN by the Federal Department of Labor and Employment, Department of Trade Union Services…
Education

FG has approved funding for school lunch programs.

The federal government has announced funding for the second semester of the National School Pet Feeding Program. However, the amount of the payment was not disclosed, but the federal government has said the funds for the first feeding cycle in 2023 will go to state-designated providers at participating schools. These funds will go towards free meals for 9,990,862 students across the country. These…
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Markets

Buhari appointed Awolowo as secretary of the AFCTA.

President Muhammadu Buhari approved the appointment of Mr. Olusegun Awolowo has been appointed Secretary of the African Continental Free Trade Association (AfCFTA) National Action Committee for a four-year term starting December 19, 2022. This endorsement has been granted to…
Technology

A company says workspaces will help with productivity.

Co-working space provider, Regus Nigeria, has said the availability of workspaces would aid productivity. Speaking at the unveiling of its eighth co-working space office in Lagos, Executive Vice Chairman, Regus Nigeria, Mr Ayo Akinmade, explained that access to funding had…
FintechPodcast

Buhari says broadband penetration in Nigeria is now at 100%

The President, Major General Muhammadu Buhari (retd.), on Tuesday, said there was currently 100 per cent broadband penetration across the country. Buhari disclosed this at the maiden Digital Economy Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, held at the Abuja Chamber of Commerce and Industry complex. Speaking through the Minister of…
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Energy

NEPC enables exporters to enhance trade.

Nigerian Export Promotion Council has enhanced the capacity of local exporters with a five-day training programme on business generation methodology and trade promotion. It the programme was organised under the West Africa Competitiveness Programme, financed by the European…
Business Explorer

LIRS President gets recognition.

The Chief Executive Officer of the Lagos State Inland Revenue Service, Mr. Ayodele Subair awarded has been the Public Sector Code for the year 2022. This happened at the 11th edition of the Vanguard Personality of the Year Award held on January 27, 2023, in Lagos. According…
Business Profile

PZ Cussons appoints a new Chairman.

PZ Cussons Nigeria Plc has appointed former Head of the Federal Inland Revenue Service, Ifueko Okauru, as Chairman of its Board of Directors. The company said in a statement that key appointments to its board were approved after two people from the top hierarchy left due to retirement and resignation. It revealed that Gbenga Oyebode has retired as its Chairman and Non-Executive Director effective…
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