British International Investment Channels $75m to MSME Lenders
The green lending programme will increase financing to small-scale green projects across Africa, South and South-East Asia through MSME lenders,
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The World of Boats Building
How many pieces of wood make a boat?
It depends on the size of the boat. For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood. The small boat takes between 6-7 pieces of wood.
NME/ NIRAM Expo kicks off today in Lagos
Nigeria Manufacturing Equipment / Raw Materials ( NME/ NIRAM) Expo kicked off today in Lagos. The 3-day exhibitions, themed ‘ Sustainable Manufacturing Through Edge Equipment and Technology’, are ongoing at the Balmora Hall of the Federal Palace Hotel, Victoria Island. Chief Uche Geoffrey Nnaji, Minister of Innovation, Science and Technology, is welcomed by Otunba Francis…
MAN Visits Bright Star Plastic Limited and Pharmadex Nigeria Limited, Kano
The Manufacturers Association of Nigeria (MAN) embarked on a three-day industrial working visit to manufacturing companies in Kano State.Among the companies visited are Bright Star Plastic Limited and Pharmadex Nigeria Limited. The delegation was led by Mr. Joseph Emoleke, Director of Membership Services, who represented the Director -General on day one. Bright Star Plastics Nigeria…
Afreximbank Loans Fidelity Bank $40mn to Boost Trade Flows Between Nigeria, UK
In the words of the MD/CEO of Fidelity Bank, Dr (Mrs) Nneka Onyeali-Ikpe, ‘We are very thankful to Afreximbank for supporting our expansionary initiatives for international growth.
Retirement Advice For All Employees
Don’t ever compete with your bosses. You will burn your fingers
Naira Exchange Rates Monday, July 13
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1, 427 Sell ₦1,435 GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900 EURO (EUR) Buy ₦1, 585 Sell ₦1,605 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy ₦95 Sell ₦110 WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400 CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250 AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900 CBN OFFICIAL EXCHANGE RATES US DOLLAR (USD) ₦1,379.62 GREAT BRITISH POUND (GBP) ₦1,850.62 EURO (EUR) ₦1,575.66 SWISS FRANC (CHF) ₦1,707.45 JAPANESE YEN (JPN) ₦8. 52 CHINESE YUAN (CNY) ₦203.56 WEST AFRICAN CFA (XOF) ₦2.40 WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,871. 05 SAUDI RIYAL (SAR) ₦367.44 SOUTH AFRICAN RAND (ZAR) ₦84.53
LCCI Seeks Favourable Policies For Declining Trade, Industrial Sector
▪︎Doris Uzoka-Anite, Minister of Industry, Trade and Investment . The Lagos Chamber of Commerce and Industry (LCCI) says that urgent steps must be taken by the government to save the trade and industrial sectors of the economy from total collapse. In a review of the fourth quarter of 2023, LCCI President, Gabriel Idahosa, pointed out…
Are You A Victim of Supermarket Frauds?
An item is tagged N800, and when you pick some quantity with a known price, you will be shocked that the price at the pay counter will be over N1000 per item.
Naira to Dollar exchange rate May 27
Conversely, activity in the unofficial parallel market, commonly referred to as the black market, mirrored the stability seen in the official window. Street traders in major currency hubs, including Lagos and Abuja, are buying the greenback at an average rate of 1,410 Naira and selling between 1,420 Naira and 1,425 Naira per Dollar.