First Edition of the Tastemakers Wine Series Hosted by Vendease

MarketsRanks & Rate

DORATHY BACHOR, MFC LINGERIE-CONSUMER REVIEW

MFC Lingerie by Dorathy Bachor is a brand that focuses on designing lingerie fit to flatter a curvy woman, leaving her confident, comfortable, and chic. Founder of MFC LINGERIE, Dorathy Bachor As part of Ranks Africa Magazine’s mission to celebrate the founder of MFC LINGERIE, Dorathy Bachor, we are currently curating a consumer review of MFC LINGERIE to feature in Ranks Business Magazine.
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BankingEconomyMarket

BoI to finance climate-friendly investments with €100m

The Bank of Industry on Monday said it has accessed a €100m credit under the Transforming Financial Systems for Climate programme of the agency, in collaboration with the Green Climate Fund. In a statement, the Managing Director, BOI, Olukayode Pitan, said this at the 2nd regional roundtable on ‘Creating world class sustainable development financial institutions through embracing holistic…
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Markets

kerosene price rises by 99%, families lamented

Consumers of household kerosene, also known as cooking kerosene, paid 99 per cent more to purchase a gallon of the product in the last one year. This is according to data from the Nigerian Bureau of Statistics, NBS. The statistics agency said the average retail price per…
Banking

Agusto & Co forecasts 16.5% banking sector loan growth

Agusto & Co. Limited, a pan-African credit rating agency and business information provider, has projected loans in the banking sector to rise by 16.5 per cent. It disclosed this in its annual ‘2022 Nigerian banking industry report’, which provided a comprehensive…
Economy

Nigerian economy shrinks by N63bn, 28 sectors struggle

Twenty-eight sectors of the economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49bn quarter-on-quarter. While real GDP grew by 3.54 per cent year-on-year in Q2 2022, it declined by 0.37 per cent from the N17.35tn that was recorded in the first quarter of 2021 to N17.29tn in Q2, 2022, according to data from the National Bureau of Statistics, NBS. The NBS…
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EconomyMarkets

World Bank excludes Nigeria from $315m food security cash

Nigeria is missing from the list of beneficiary countries for the $315 million World Bank fund for African countries to support food security. The second phase of the West Africa regional Food Systems Resilience Program (FSRP-2) approved yesterday in International Development Association (IDA) financing will benefit an additional two million Africans- from Chad, Ghana and Sierra Leone. Nigeria…
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