Business News

By Tony Obiechina The African Export-Import Bank (Afreximbank) has been awarded the mandate to serve as the exclusive financial adviser and mandated lead arranger for the $130-million bauxite mine expansion project by Sierra Mineral Holdings Limited (Vimetco) in Sierra Leone.

By Bukola Adetoye Lagos, April 16, 2019 (NAN) The Nigerian Council of Registered Insurance Brokers (NCRIB) on Tuesday urged the Federal Government to inject fresh ideas into the running of the nations’ economy.

The Small and Medium Enterprises Development Agency (SMEDAN) on Tuesday said some 104 young business owners are benefiting from its entrepreneurship training scheme in Bayelsa.

From Udo Onyeka, Lagos The Arewa Youth Assembly (AYA) has presented the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, with Heroes of Nigeria Platinum Leadership Award of 2019.

From Udo Onyeka, Lagos It was rain of accolades for the outgoing General Manager and Chief Compliance Officer of Heritage Bank Plc, Mr. Adewumi Adeniyi, yesterday as management colleagues praised him for his exceptional contribution to the growth of the sector after an unbroken stint of 37 years of working …

The Anambra Government has announced plans to establish agro-farm markets in major cities across the state to encourage farmers to sell their produce and boost agriculture in the state.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has begun the training of 85 persons for five days on innovative ideas in Fashion, Arts and Crafts in Northeast sub-region. Director-General of SMEDAN, Dr dikko Radda, made this known in Gombe yesterday during the SMEDAN Talent Hunt Programme in …

Yam Farmers, Processors and Marketers Association of Nigeria have urged the Ministry of Agriculture and the Nigerian Ports Authority (NPA) to resolve their differences toward boosting the country’s non-oil exports.

– Three Consortia to Open Financial Bids By Tony Obiechina, Abuja The National Council on Privatisation (NCP) has granted approval to Diamond Stripes Consortium, Transcorp Power Consortium and Unicorn Consortium to proceed to the financial bids opening stage for the acquisition of 100 percent shares in the Afam Electricity Generation …

From Udoh Onyeka, Lagos Central Securities Clearing System (CSCS) Plc has been upgraded by Thomas Murray, the global post-trade risk and custody specialists, from A to A+, which denotes a ‘Low’ Overall Risk.