Stop rate hikes to allow economic recovery – MAN
The Manufacturers Association of Nigeria (MAN) has enjoined the Central Bank of Nigeria to focus on promoting domestic production and economic recovery by allowing time for previous rate increases to…
BOI Announces New Roles for Rotimi Akinde, Ifeoma Uz’Okpala
▪︎UGC image of Rotimi Akinde, and Ifeoma Uz’Okpala President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank of Industry (BOI). In a statement…
Presidential Nano Grant Beneficiaries Tell Tales of Joy, Frustration
Last weekend, the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, flew from Abuja to Calabar, Cross River State, to oversee the disbursements of the federal government’s N50k Nano…
Top Five Banks Lending Rates To Manufacturers
(Industrial Times, Nigeria) Today, the Manufacturers Association of Nigeria (MAN) says that banks lending rates to the manufacturing industry are too high to promote productivity in the sector. Data obtained…
Afreximbank projects $40bn intra-African trade in 2026
▪︎Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion…
Why Banks Should Support Govt’s Windfall Levy – Prof Adetunji Ogunyemi
Adetunji Ogunyemi, is a Professor of Economic History at the Obafemi Awolowo University, Ile Ife. He is also a lawyer and public finance expert. In this interview, Prof Ogunyemi speaks…
NEXIM’s Facility Boosts MMNL Battery Productions
The management of Metal Manufacturing Nigeria Limited (MMNL) says that a credit facility it secured from the Nigerian Export-Import Bank (NEXIM) has increased the company’s production capacity to 25,000 batteries…
British International Investment Commits $50m To Access Bank
British Deputy High Commissioner, Jonny Baxter, said, “When smaller businesses and women entrepreneurs are economically empowered, their whole community benefits.
Zedcrest Acquires RMB Nigeria Stockbrokers Ltd
We are thrilled to welcome RMB Nigeria Stockbrokers Limited into the Zedcrest family," said Adedayo Amzat, CEO, Zedcrest Group.
FG Lauds BoI, SMEDAN for Katsina’s IDC, First MSMEs Clinic
The Federal Government has commended the Bank of Industry (BOI) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) for partnering with the Katsina State in its MSME…