BoI, Katsina Earmarks N5bn For Economic Projects
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
The Food, Beverage, and Tobacco sub-sector, accounted for 34 percent of the entire manufacturing sector in Nigeria and contributed approximately five percent to the GDP in 2022. Mr. Ekuma Eze, the Head of Corporate Affairs & Sustainability at Rite Foods Limited, disclosed this during the 2024 annual general meeting of the Food, Beverage, and Tobacco…
The facility was designed to address one of the most pressing challenges in the energy sector—stranded gas resources, by providing infrastructure for gas gathering, compression, injection, metering and reducing gas flaring in the area.
By leveraging renewable energy technologies and innovative financing models, we can drive sustainable growth and create a more equitable playing field.
Said the report: “The number of African countries with debt-to-GDP rations above 60 percent has increased from 6 to 27 between 2013 and 2023.
Adesina also highlighted the deep relationship between Korea and the Bank, starting from 1982 when Korea became a member of the Bank.
The lithium facility with the capacity to process over five million tons of ore annually, is set to position Zimbabwe as a formidable player in the global lithium market.
L-R: the Director- General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona; High Commission of the Republic of Kenya, Abuja, Nigeria, Isaac Keen Parashina; and the President, LCCI, Mr. Gabriel Idahosa, during a courtesy visit of the High Commissioner of the Republic of Kenya to the Leadership of LCCI to Strengthen bilateral relations…
The newly elected President urges the Exco to be committed and dedicated to the growth and prosperity of the breadmaking industry in Nigeria.
▪︎Makhtar Diop, Managing Director of the International Finance Corporation (IFC)