The Tony Elumelu Foundation (TEF), in collaboration with United Nation Development Programme (UNDP) has released the names of 2,100 entrepreneurs to benefit from the inaugural TEF-UNDP Entrepreneurship Programme.
A statement explained that the programme targets small business owners in rural communities across the seven Sahel countries of Africa – Nigeria,...
FirstBank of Nigeria has appointed Aishatu Bubaram as group executive, Commercial Banking North Division, making her the first female from Northern Nigeria to attain an executive management position in the bank.
Prior to her appointment, she was the group head, Commercial Banking North, a position she assumed in 2016 following...
Electricity Distribution Companies have stated that tariff will increase from July 1, 2023.
In statements sent to respective consumers on Sunday night, the DisCos stated that the review was due to the fluctuation of the naira in the exchange rate market.
This statements which were worded in similar fashion included that...
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday.
About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least...
THE Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over N29 billion bad debt and appointed Receiver/Manager to oversee the firm.
Hon. Justice C.J. Aneke of the Federal High Court Lagos Division granted an injunction against Cedar Oil & Gas...
Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam in response to the growing impact of the coronavirus.
In India, it began on March 21 and will be followed by other markets, the...
says 34 countries, 20 milion farmers to benefit
The African Development Bank (AFDB) says it has put in place a $1.5b Emergency Food Production Facility to support food sufficiency in Africa.
The President of the AFDB, Dr. Akinwunmi Adesina, who stated this in an interview at the Governor's Office, Oke...
The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has unveiled a transformative new rates regime for services rendered by the Ministry’s departments and agencies, marking a significant step in the ongoing efforts by the present administration to enhance the sector's economic consolidation and international competitiveness.
Dr Alake made...
The President/Chief Executive of Dangote Industries Limited, Alhaji Aliko Dangote, yesterday said the company would increase its revenue base from $4 billion to $30 billion by 2021.
Dangote disclosed this when the Minister of Finance, Budget and National Planning, Zainab Ahmed, paid a working visit to the Dangote Refinery, Petrochemicals...
The Nigerian Breweries Plc has paid N416 billion since 2016 to become the highest tax-paying firm in the manufacturing industry in Nigeria, Chairman of the Board of Directors, Chief Kola Jamodu, has disclosed.
Jamodu, who disclosed this during the commissioning ceremony of N56 billion expansion civil works at Ama Brewery...
