Economy

By Lucy Adautin The African Export-Import Bank (Afreximbank) has inaugurated its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA aims to address Africa's $110 billion financing gap for intra-African trade, value-added export...

By Lucy Adautin The largest bank in Ethiopia is working to retrieve millions of dollars following a technical malfunction that enabled customers to withdraw funds exceeding their account balances. Reports from local media indicate that the...

By Lucy Adautin Zenith Bank Plc has revealed the selection of Dame (Dr.) Adaora Umeoji as the Group Managing Director and Chief Executive Officer, effective June 1, 2024, pending approval from the Central Bank of Nigeria...

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday at the Nigerian Content Tower (NCT), Yenagoa, marked the close-out of the 2023 edition of its Science Quiz Competition for Secondary Schools in Bayelsa State, with...

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would...

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Coleman Wires and Cables for its remarkable accomplishments as a world-class manufacturer of top-grade cables for industrial use...