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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Agriculture

FG has set up a 100 hectare farm.

He added that NALDA is committed to achieving food security and development, animal husbandry, job creation and fattening cattle for hygienic milk and meat production. At the same time, the farm will train and encourage young farmers to engage in livestock and feed…
Banking

Atiku wants banks to promote mobile banking.

People’s Democratic Party (PDP) presidential candidate Atiku Abubakar congratulated President Muhammadu Buhari on agreeing to extend the deadline for exchanging old naira banknotes for recycled ones. In a series of tweets about verified addresses, the former vice…
Energy

ECOWAS approves new guidelines for regional electricity markets.

The Economic Community of the West African Regional Electricity Regulator has adopted important guidelines for the development of sub-regional electricity markets. He also expressed his commitment to protecting the interests of investors and participants in the regional electricity market and stressed that the agency will ensure profitable investments in the industry. Kokou Tossou, chairman of the…
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