Tag: Nigeria Business Now

NCDMB seeks cost reduction at oil & gas park

NCDMB seeks cost reduction at oil & gas park   The Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote has pushed for a virile manufacturing sector that will not only create the much-needed employment opportunities, but also have a multiplier effect on the economy. This is[Read More…]

NDIC Commences N16bn Payment To 20 Defunct Banks’ Stakeholders

NDIC Commences N16bn Payment To 20 Defunct Banks’ Stakeholders   The announcement comes after impressive recoveries from debtors and realisation of assets of banks in liquidation, the corporation says.   The Nigeria Deposit Insurance Corporation (NDIC) has announced the declaration of N16.18 billion in liquidation dividends to depositors, creditors, and[Read More…]

NSEMA releases Niger boat accident victims’ names

NSEMA releases Niger boat accident victims’ names   The Niger State Emergency Management Agency, on Wednesday, released the names and photos of some recovered bodies of victims of the boat accident which occurred on Monday morning. According to The PUNCH, NSEMA spokesman, Hussaine Ibrahim in a telephone said one of[Read More…]

Sterling Convenes Technology’s Brightest For Improved Cybersecurity

Sterling Convenes Technology’s Brightest For Improved Cybersecurity   Sterling Financial Holdings Company is actively driving collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to bolster the security of the Nigerian consumer and improve the safety of the financial ecosystem. Olayinka Oni, Executive Director and Group[Read More…]

British International Investment partners Access to extend US$60m trade Finance Facility in Africa

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…]