Banks behind 70% jump in greenwashing incidents in 2023 -report The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial institutions accounted for most of[Read More…]
British International Investment partners Access to extend US$60m trade Finance Facility in Africa Loan facility will help to ensure availability of key commodities across import-dependent economies and aims to stimulate African trade volumes by US$90 million as well as contribute to SDGs 8 and 9 Front Row (L-R):[Read More…]
FG targets 350GW of electricity by 2043 The Federal Government says its making plans to achieve a target of 350 gigawatts of electricity-generating capacity by 2043. The Minister of Budget and Economic Planning, Abubakar Bagudu, said this when top management staff of the Nigerian Electricity Management Service Agency visited him[Read More…]
Proparco marks 15 years in Nigeria with USD 1B worth of investment Proparco, a French development finance institution, is proud to mark 15 years of operations in Nigeria with a total of USD 1B invested over the period. The company in a release said, since its inception in Nigeria in[Read More…]
Ecobank Alerts Customers On Sim Card Fraud Increase Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them. The bank in a message to customers via email, explained that SIM swap fraud occurs when scammers use your[Read More…]
BUA crashes cement price to N3,500, promises more reduction before year. The management of BUA has announced a 30 per cent reduction in the price of Cement. A statement posted on the verified handle of the company on Sunday, said ex-factory cement price will now be sold at N3,500 per[Read More…]
FG earmarks N75 billion to support small businesses The Federal Government has set aside a N75 billion intervention fund to support small businesses in response to the country’s current economic challenges, The Guardian reported. The fund is expected to be disbursed, starting from March 2024 to strengthen the manufacturing[Read More…]
Customs restates commitment to trade facilitation The acting Comptroller-General of Customs, Bashir Adewale Adeniyi (left); and the Chairman of Arewa Economic Forum (AEF), Ibrahim Shehu Dandakata, during a visit to Customs’ headquarters, Abuja. The acting Comptroller-General of Customs, Bashir Adewale Adeniyi, has expressed his administration’s readiness to collaborate with foreign[Read More…]
Google Opens Applications for ₦75 Million Hustle Academy Fund to Empower Nigerian SMBs Google has announced the opening of applications for the Hustle Academy SMB Fund, a ₦75 Million equity-free fund dedicated to amplifying the ambitions of Nigerian Small and Medium-sized Businesses (SMBs). This initiative, offering ₦5 Million to[Read More…]
France CG says French companies generate 10,000 direct jobs in Nigeria Consul General of France in Lagos, Laurent Favier, has expressed his determination to deepen France’s economic and commercial relations with Nigeria. Favier disclosed this at the CEO luncheon series three organised by the Franco-Nigeria Chamber of Commerce and[Read More…]
