The Rivers State Microfinance Agency, RIMA, an agency of the government in Port Harcourt, says that over 70 percent of businesses operating in the state are fake and are not eligible to receive loan facilities from the government’s and the Bank of Industry’s N4 billion counterparts funding. The Managing Director/Chief Executive Officer of RIMA, Pastor…
Keyamo is expected to drive the Integrated Aviation Transformation Program for Africa (IATP) for which African Development Bank has earmarked the sum of $7 billion.
This information is crucial for policymakers and stakeholders to grasp the sector’s health and make informed decisions.
Zenith Bank Plc has announced the retirement of its founder and Group Chairman, Jim Ovia, following the expiration of his tenure. Ovia, who founded Zenith Bank in 1990, has played a central role in the institution’s growth into one of Nigeria’s leading financial services providers. In a statement issued on Tuesday, the bank said that…
Licensed institutions are required to establish physical branches or service centres in key locations, improving access for customers who need in-person support.
NACETEM is currently awaiting the Federal Executive Council approval on some of its innovative policies including commercialisation of some research outputs
The Manufacturers Association of Nigeria (MAN) has called on the Financial Reporting Council of Nigeria (FRCN) to reconsider the implementation of annual turnover fees for private companies. Segun Ajayi-Kadir, the Director-General of MAN, highlighted the potential negative impact these fees could have on manufacturing firms, particularly those that are classified as non-listed entities, and urged…
▪︎People protest against hardship on the street of Lagos, Nigeria, Thursday, Aug. 1, 2024. Thousands of mostly young people poured onto the streets across Nigeria on Thursday as they protested against the country’s worst cost-of-living crisis in a generation. Security forces fired tear gas to disperse some of the protesters in the capital, Abuja. (AP…
The World Maritime Day theme for 2025 “Our Ocean, Our Obligation, Our Opportunity” reflects the ocean’s vital role in the world economy, with more than 80% of global trade transported by sea.
• Wale Edun, Minister of Finance The Federal Government in its revised import prohibition list, dated April 1, 2026, banned seventeen traded products for the protection of domestic industries and managing foreign exchange. The items categorised by the Federal Ministry of Finance carries significant implications for importers, clearing agents, and the general public, as it…
