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…
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…
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 Union under the 11th European Development Fund and facilitated by the International Trade Centre and the ECOWAS…
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Banking

Banks accept old banknotes after the deadline - Emefiele.

The Governor of the Central Bank of Nigeria, Godwin Emefiele, told the House of Representatives on Tuesday that commercial banks in Nigeria will still accept old naira notes from customers after the deadline of February 10. Emefiele stated this while appearing before the ad…
BankingBusiness Ranks

UBA appoints first female African business CEO.

The board of Directors of the United Bank for Africa Plc, has appointed Mrs Abiola Bawuah, as chief executive officer of UBA Africa. The bank disclosed via a statement on Monday that Bawuah would also join the group board as an executive director, overseeing the Group’s…
Banking

Fidelity Bank is recognized for supporting small businesses.

Fidelity Bank Plc, at the Annual Global Banking & Finance Awards which held in London, UK, has been announced as the ‘2022 Best SME Bank’ in Nigeria by the Global Banking & Finance Review. Global Banking & Finance Review, a leading online, digital, and print magazine for the banking and financial sector  recognises companies of all sizes that are prominent areas of expertise and…
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Energy

Petrol N650: PENGASSAN Plans Promotions for Dealers

The Petroleum and Natural Gas Senior Staff Association of Nigeria, on Monday, raised the alarm that their findings showed that the price of Premium Motor Spirit, popularly called petrol, had risen to as high as N650/litre in some locations. It said this was due to the…
Energy

RTEAN urges Lagos to review transport policy

The Road Transport Employers’ Association of Nigeria has asked the Lagos state government to reverse its decision to phase out passenger cars in the northern part of the country. RTEAN Secretary General Yusuf Adeniyi made a statement in Abuja. Kwara State and several…
Energy

Edo oil price monitoring committee formed

The Edo State Governor, Mr Godwin Obaseki, has set up a committee to monitor fuel distribution and pricing following wide protests by people of the state. According to a statement by the Special Adviser to the Governor on Media Projects, Crusoe Osagie, the committee would constitute actors in the private sector, civil society organisations, and government to ensure that shylock marketers did not…
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