Sahara Energy Boosts S’Sudan Economy, Peace Process With $600m Facility

Sahara Energy Boosts S’Sudan Economy, Peace Process With $600m Facility

As the South Sudanese people and the world remain in awe of the inspiring feet kissing and blessing of the nation’s leaders by Pope Francis, Sahara Energy Resources DMCC, Dubai, has extended a $600 million facility to help boost resurgent...
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Nigeria Reiterates Economic Development Collaboration With UK, Others

Nigeria Reiterates Economic Development Collaboration With UK, Others

Nigeria has assured of its readiness to partner with any group or stakeholders towards the transformation and economic development of the country. Minister of Finance, Mrs Zainab Ahmed stated this at the closing session of the UK-Nigeria Climate Finance Accele...
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Agenda For Intra-African Trade Gains Momentum At  Davos

Agenda For Intra-African Trade Gains Momentum At Davos

A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year.  When you...
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Korea To Collaborate With Nigeria On Economic Development Goals

Korea To Collaborate With Nigeria On Economic Development Goals

The Republic of Korea has pledged to continue effective collaboration with Nigeria to ensure the nation attains its economic development goals.  Ambassador of the Republic of Korea, Mr. Intae Lee stated this in a goodwill message at the official opening.....
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Nigeria Proposes N8.83trillion Budget For 2019

Nigeria Proposes N8.83trillion Budget For 2019

Barely two weeks to the end of 2018,  President Muhammadu Buhari of Nigeria on Wednesday presented N8.83 trillion Appropriation Bill for 2019 to a joint session of the National Assembly. The proposal, which is less than this year’s Appropriation Act...
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Strategic Role Of Entrepreneurship In Africa’s Economic Development, By Elumelu

Strategic Role Of Entrepreneurship In Africa’s Economic Development, By Elumelu

5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gather...
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SEC: Vibrant Commodities Exchange Will Aid Economic Development

SEC: Vibrant Commodities Exchange Will Aid Economic Development

The Securities and Exchange Commission (SEC) has said that a more organized Commodities Exchange Market in the country would enhance efficiency and lead to economic growth and development.  The Ag. Director General of SEC, Ms. Mary Uduk stated this when she....
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Nigeria To Fund Capital Projects With $2.9B Eurobond

Nigeria To Fund Capital Projects With $2.9B Eurobond

The Federal Executive Council (FEC) on Wednesday approved that 2.9 billion dollars in Eurobond be raised to fund capital projects in the 2018 budget. The Minister of Finance, Mrs Zainab Ahmed, made this known when she addressed State House correspondents...
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Nigeria Targets $22b Foreign Investments In Two Years

Nigeria Targets $22b Foreign Investments In Two Years

The Nigeria Government will attract $22 billion private sector investments through the Economic Recovery and Growth Plan (ERGP) “Focused Laboratories” in two years, Budget and National Planning Minister, Senator Udoma Udo Udoma has said.   According to th...
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IMF To Nigeria: Increase Non-Oil Revenue

IMF To Nigeria: Increase Non-Oil Revenue

Nigeria should explore ways of increasing revenue outside its traditional base of oil proceeds, the International Monetary Fund (IMF) has said.  Speaking during a press briefing at the on-going 2018  IMF/World Bank Meetings in Bali, Indonesia, IMF’s Deputy...
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Tony Elumelu Foundation, GIZ, To Empower Young Entrepreneurs In East, West Africa

Tony Elumelu Foundation, GIZ, To Empower Young Entrepreneurs In East, West Africa

The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation.   GIZ will support the...
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SNEPCo Seeks Diversification Roadmap

SNEPCo Seeks Diversification Roadmap

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and ex...
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NBS Implores Respondents On MSMEs Survey

NBS Implores Respondents On MSMEs Survey

The Statistician-General of the Federation,  Dr Yemi Kale   has appealed to all selected respondents to provide information for the ongoing Micro, Small and Medium Enterprises (MSMEs) survey in the country.  The survey is being carried out by the National ...
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Tony Elumelu Pledges N500m For Delta Entrepreneurship Scheme

Tony Elumelu Pledges N500m For Delta Entrepreneurship Scheme

Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of Delta State.  He made the pledge after presenting 50 beneficiar...
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