CSR: Inlaks Promotes Women Inclusion to Mark IWD

CHIGOZIE  AMADI Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa, has joined the global community in celebrating the accomplishments of women to commemorate the International Women’s Day. This annual event is dedicated...

FG Yet To Disburse N420bn Cabotage Fund 10 Months After Directive

There seems not to be an end to the delay in the disbursement of the over $350 million (about, N420 billion) Cabotage Vessel Financing Fund… There seems not to be an end to the delay...

City of Houston, Texas, USA proclaims October 25 as FITCC Day

City of Houston, Texas, USA proclaims October 25 as FITCC Day In recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, Texas and Nigeria, the City...

‘Nigeria’s N3.3tn Food Imports, Agric Commodities not Sustainable

The General Manager, Corporate Affairs TGI Group, Mr. Sadiq Kassim, has lamented the nation’s high import rate of food and agricultural commodities, which currently stands at N3.3 trillion. Kassim said spending so much on importing...

9PSB Reiterates Commitment to Empowering Women Entrepreneurs

9PSB Reiterates Commitment to Empowering Women Entrepreneurs Chigozie Amadi 9 Payment Service Bank (9PSB), has reiterated its support to Nigerian women entrepreneurs and Small and Medium Scale Enterprises through its agent banking business opportunities that will...

Naira Depreciates by 80.81% YoY Amid CBN FX Unification

Following the unification of foreign exchange (FX), by the Central Bank of Nigeria (CBN), the value of naira against the dollar has depreciated by 80.81 per cent Year-on-Year (YoY) to an average N797.43/dollar as...

Nigeria Links Up with 15 African Countries to Join Afreximbank’s Fund for Export Devt

Chigozie Amadi Nigeria has acceded to the establishment agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank). Nigeria joined the ranks of countries acceding...

Central Bank Clarifies Export Proceeds’ Repatriation, Utilisation By Oil Companies

•Petroleum profit tax, royalty, education tax, others eligible for settlement Chigozie Amadi Central Bank of Nigeria (CBN) yesterday clarified that 50 per cent balance of the repatriated export proceeds could be used to settle financial obligations...

Auto Dealers Commit to Transforming Automobile Trading in Nigeria

Auto Dealers Association of Nigeria (ADAN), has announced plans to transform automobile trading in Nigeria. The association stated this at its inaugural awards and end of the year stock taking tagged, “The Legal Problems Inherent...

Shareholders Express Dissatisfaction as Banks’ AMCON, NDIC Expenses Hit N490.54bn

Shareholders Express Dissatisfaction as Banks’ AMCON, NDIC Expenses Hit N490.54bn Chigozie Amadi Shareholders of 10 leading Deposit Money Banks (DMBs) in the country have decried the massive increase in operating cost fuelled by the Asset Management...
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