President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria but Africa as…
Polaris Bank and Eventful Limited have reinforced their support for Nigeria’s Small & Medium Enterprises (SMEs) sector with three firms empowered at the just-concluded 5th Lagos Fashion Souk to further grow their businesses. While handing the cheques to the winners, who were successful in a business pitch, Polaris Bank’s Managing Director/CEO, Mr. Innocent C. Ike,…
For developing countries such as Nigeria to accelerate economic growth, there needs to be greater private sector participation in their export sectors. This was made known by Isaiah Ndukwe, Divisional Head, Export and Agriculture, Fidelity Bank PLC, at the just concluded 11th edition of the Fidelity Bank Export Management Programme (EMP 11). Held at the…
Ogun State has been nominated as one of the beneficiary states of the First Phase Implementation of Special Agro-Industrial Processing Zone (SAPZ) Programme in Nigeria. The Minister of Finance, Budget & National Planning, Zainab Ahmed, made this known during Special-Agro industrial processing zones programme high level meeting held via zoom meeting on Monday. Twenty-four states…
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a $150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support development of productive sectors of the economy; particularly the power sector, Infrastructure, Women owned enterprises as…
Nigeria’s Vice President, Yemi Osinbajo, is already in Zambia for the 51st Annual General Meeting of the African Development Bank, AfDB. Osinbajo left the shores of Nigeria on Monday night after representing President Muhammadu Buhari in Lagos for the commissioning of some projects carried out Governor Akinwunmi Ambode. The Vice President is in Zambia for…