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AfDB’s Board Approves $5Mn For Clean Cooking Projects In Africa

The African Development Bank’s (AfDB’s) Board of Directors has approved a $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions to over two million households across Africa. The continental development finance institution’s investment in the project will be complemented by an additional €10 million by the European Commission’s contribution. The Bank’s […]

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FCMB Urges Business Owners On Tax Matters

First City Monument Bank (FCMB) has urged business owners in the country to constantly update their knowledge on emerging fiscal developments in the corporate environment, particularly on taxation as a strategic step towards improving their businesses’ competitiveness and overall performance. This is even as the leading lender also charged regulatory intuitions, agencies and other stakeholders […]

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Era of Purposeful and Innovative Leadership: Prof Adeyeye Gives NAFDAC New Lease of Life

“Rather than running after fake drug importers here in Nigeria, NAFDAC has made it difficult if not impossible for them to ship fake drugs into Nigeria without being caught at the country of export. This has lessened the hues and cries over arrests of fake medicine importers in Nigeria by NAFDAC as the agency has taken the battle to the countries where the products are being manufactured.”

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BudgIT Urges FG To Prioritize Value-Adding Capital Projects

BudgIT Foundation, a civic-tech non-governmental organisation leading the advocacy for fiscal transparency and accountability in budget and public finance, has urged the Federal Government to allocate more funds to capital projects that directly affect the welfare of the citizens. More importantly, the organisation stressed that it had become expedient that more funds be allocated to […]

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NAMB to conduct MFBs’ audit to deepen financial inclusion

The National Association of Microfinance Banks (NAMB) is set to conduct a nationwide audit of all licensed Microfinance Banks in the country with a view to identifying their operational challenges and providing necessary support to the ailing ones as part of its renewed efforts to sanitize the sector and deepen financial inclusion in the country. […]

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MSMEs Fund: FG Revs Up Disbursements For Artisans, Payroll Support

The Federal Government on Wednesday said it had intensified efforts in its implementation of different tracks of the Micro, Small and Medium Enterprises (MSMEs) Survival Fund with disbursements for Artisans Grant and the Payroll Support. The Minister of State for Industry, Trade and Investment and Chairperson, Steering Committee of the Schemes, Amb. Mariam Yalwaji Katagum, […]

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Customs Service Rues Rot Of Ports’ Scanners, Reps To Investigate

The Nigeria Customs Service (NCS)on Wednesday expressed its displeasure over the rotting of three calibre mobile scanning machines worth millions of Naira at the TinCan and Apapa Ports and urged the National Assembly to assist in ensuring that the machines are installed for use at the ports. A Comptroller of Customs, Mohammed Abba-Kura, gave this […]

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Reps Seek Nigerians’ Input To Petroleum Industry Bill

The House of Representatives Ad-hoc Committee on Petroleum Industry Bill (PIB) has asked Nigerians to make input into the Legislature’s deliberations on the Bill now before it by submitting their memoranda before finally passing it into an Act. Chairman of the Ad-hoc Committee, Hon Mohammed Monguno, made the appeal on Wednesday during the committee’s inaugural […]

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GDP Growth Desirable, But Nobody Eats GDP – Adesina

The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has charged African leaders to set economic policies that directly touch on the welfare of their citizens, saying though GDP growth is desirable but that ‘nobody eats GDP’ The development finance expert gave this charge on Tuesday in his opening remarks at the African Delivery […]

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Shoprite Excites Customers On Bumper Black Friday

Shoprite Nigeria’s supermarkets have offered early Black Friday deals and big discounts on everyday essentials as customers are increasingly looking for value, given the pressure many households are currently experiencing. The Shoprite bumper black Friday offer begins from 25th November and ends in 29th November, 2020 and it’s a pan-Nigeria value added offer. According to […]