11 mins ago
A new fintech company, QorePay, has launched in Nigeria with a target of deepening financial inclusion in the country by empowering small and medium enterprises (SMEs).
1 day ago
The Chartered Institute of Directors, Nigeria (CIoD) has highlighted global risks to watch out for next year, emphasising their implications for governance and the business environment. Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, said the risks include increasing geopolitical uncertainty, which has been perceived as the…
1 day ago
United Bank for Africa (UBA) has received a $175 million financial package from the Africa Development Bank (AfDB) Group for enhancing its support to the private sector and financing of Nigeria’s infrastructure development This facility comprises a $100 million in long-term senior debt, $50 million of trade finance medium-term senior debt and a $25 million…
1 day ago
Stakeholders have faulted the budgetary allocation of N102 billion for the take-off of the National Agricultural Development Fund (NADF). Of concern to them is that the line items under the budgetary allocation for the NADF do not address the purpose for which they pushed for the additional funding for the agricultural sector. The stakeholders, including…
1 day ago
The Lagos of Commerce and Industry (LCCI) has expressed concern over the continued uptick in inflation as made known by the National Bureau of Statistics (NBS) consumer price index (CPI) reading last week. Director General, LCCI, Dr Chinyere Almona, said aside from the dire consequences on Nigerians, the high inflation offers investment disincentives to businesses,…
