China Development Bank, UBA Sign Letter of Intent for $100m Loan Deal To Support SMEs In Africa

China Development Bank, UBA Sign Letter of Intent for $100m Loan Deal To Support SMEs In Africa

United Bank for Africa (UBA) Plc has announced the signing of a letter of intent for $100 million to finance the development of Small and Medium Enterprises (SMEs) in Africa.  According to the financial institution, the $100 million loan will...
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BMW records 23,508 sales in February

BMW records 23,508 sales in February

For the Month of February, 2018, sales of  BMW brand vehicles increased to 23, 508, an increase of 4.2 percent when ­ compared to 22,558 vehicles sold within same period in 2017.  Collectively, the BMW X models had a very...
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NPA Photo News

NPA Photo News

R-L: Caption 2. From right, Port Manager, Calabar Port, Mrs Olufunmilayo Olotu, Representative of Director of Maritime Labor Services, NIMASA, Oluyemisi Fayemi, General Manager, Procurement (NPA), Alhaji Ahmed Dandare, Director Procurement, Federal Ministry of...
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Adeosun: FG to name, shame, prosecute tax evaders from March 31

Adeosun: FG to name, shame, prosecute tax evaders from March 31

The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi...
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NNPC Pledges Support For Non-Oil Sectors

NNPC Pledges Support For Non-Oil Sectors

The Nigerian National Petroleum Corporation (NNPC) on Thursday expressed commitment towards providing the necessary assistance for Nigeria to attain competitive edge in non-oil sectors of the economy. Group Managing Director of the corporation, Dr Maikanti Bar...
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Reps To Probe Alleged Malpractice In Nigerian Capital Market

Reps To Probe Alleged Malpractice In Nigerian Capital Market

The House of Representatives on Wednesday resolved to investigate the alleged stagnation of some publicly-quoted companies, especially insurance firms listed on the Nigerian Stock Exchange (NSE).   This followed a motion by Rep. Femi Fakeye (Osun-APC), who ex...
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Ford Begins Delivering Of Pizza With Self-Driving Cars

Ford Begins Delivering Of Pizza With Self-Driving Cars

Ford has extended trial of its self-driving cars to the delivery of pizzas in the United States.      Already, Ford self-driving cars in collaboration with Domino are on the streets of Miami and Miami Beach delivering pizzas, and more cities...
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First Bank Photo News

First Bank Photo News

Dr. Adesola Adeduntan, MD/CEO, First Bank of Nigeria Limited (middle) receiving the African Banker of the Year Award from Dr. Joseph Beasley, Chairman, African Leadership Advisory Board (2nd  right) with Her Excellency, Mrs. Lalao Ravalomanana, Mayor of Antan...
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Odundo, CEO, Nairobi Securities Exchange Unveils Agenda For Green Bonds, Derivatives In 2018

Odundo, CEO, Nairobi Securities Exchange Unveils Agenda For Green Bonds, Derivatives In 2018

The World Federation of Exchange (WFE) in Its February Publication is pleased to feature a Q&A with Geoffrey O. Odundo, CEO, Nairobi Securities Exchange (NSE), one of the WFE’s newest members.   QUESTION: The WFE welcomed NSE as a full...
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Akwa Ibom Approves N573m To Boost Cassava Production

Akwa Ibom Approves N573m To Boost Cassava Production

The Akwa Ibom Executive Council has approved N573 million for the production and processing of cassava to boost food production in the state. The State’s Information and Strategy Commissioner, Mr Charles Udoh, disclosed this on Wednesday in Uyo while briefin...
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Elumelu Gets PSN Award

Elumelu Gets PSN Award

Per Second News, an online news platforms, on Wednesday honoured foremost philanthropists, Mr.Tony Elumelu for empowering a generation of young entrepreneurs, who are expected to drive Africa’s economic and social transformation. Mr Elumelu, Chairman/Fo...
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‘Importance Of Money Matters For Children, Youth

‘Importance Of Money Matters For Children, Youth

Global Money Week (GMW), a CYFI initiative, is an annual money awareness campaign built to inspire children and young people to learn about money matters, livelihoods and entrepreneurship. The event started as a Child Finance Day & Week in 2012...
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Customs FOU Impounds 1,105kgs of Imported Vegetable Oil, 18 cars, 4,201 Bags Of Rice, Others In February

Customs FOU Impounds 1,105kgs of Imported Vegetable Oil, 18 cars, 4,201 Bags Of Rice, Others In February

For the Month of February, 2018, the Nigeria Customs Service (NCS), Federal Operations Unit, Ikeja, intercepted various contraband with a duty paid value (DPV) of N1.1Billion.   Speaking at an interactive session with Journalists on Wednesday,  the Controll...
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Senate Committee  Blames N5b Alleged Revenue Leakage On Zero Duty Vehicles Imported By Assembly Plants

Senate Committee Blames N5b Alleged Revenue Leakage On Zero Duty Vehicles Imported By Assembly Plants

The Senate Committee on Customs, Excise and Tariffs on Wednesday blamed the Nigeria Customs Service (NCS) for granting assembly plant owners zero duty on new imported vehicles.   Chairman of the Committee, Sen. Hope Uzodinma, said during its oversight visit ...
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