Nigeria seeks fair trade as Buhari signs AfCFTA
Nigeria became the 53rd country to join the African Continental Free Trade Area on Sunday after President Muhammadu Buhari signed the AfCFTA Agreement in Niamey, Niger Republic. The Republic of…
Nigeria ranks 143 in e-government index
Although Nigeria slipped two places in global e-Government development index to rank 143 out of 193, the Federal Government said it planned to lift the nation to the 50th position.…
NIRSAL, announces N70bn agric financing scheme
Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion first tranche in agricultural value chain financing scheme.…
FG to auction N100bn bonds June 26
The Debt Management Office has said the Federal Government will auction N100bn worth of bonds by subscription on June 26. A circular by the DMO on Tuesday showed the breakdown…
US surpasses Nigeria in crude oil exports, cuts imports
In just three years after lifting its 40-year ban on crude oil exports, the United States has become one of the top 10 oil-exporting countries in the world, surpassing Nigeria,…
NAICOM to introduce revised insurance distribution policy
The National Insurance Commission will soon introduce a revised insurance distribution channel, which will replace the State Insurance Policy that was cancelled. The new policy may involve the issuing of…
ECOWAS adopts global certification benchmark for products
The European Union and the ECOWAS Commission have developed standards for the certification of some major products to boost the level of international trade. The five priority products selected by…
NEPC to process exporters’ certificate within 24 hours
The Nigerian Export Promotion Council has unveiled its service charter that would raise the expectations and define the standard of service to be provided to customers and members of staff.…
NIRSAL secures fresh N4.5bn from three banks for farmers
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.…
Banks begin disbursement of creative industry intervention fund
The Bankers Committee of the Central Bank of Nigeria has said it is set to commence the disbursement of funds under the Creative Industry Financing Initiative. The decision to commence…