The International Monetary this Tuesday held its global growth forecast for 2024 steady and cut forecasts for the United States, Japan and Nigeria, while warning of inflation risks and trade tensions ahead. The Fund in its World Economic Outlook update
Development Bank of Nigeria (DBN) Plc. Has announced the appointment of five new directors to its Board to fill vacancies created by the exit of some directors whose tenures on the board ended. The action is an offshoot of the
Dr. Ndiamé Diop, the newly appointed World Bank Country Director for Nigeria, assumed his new position this Monday in Abuja. He succeeds Shubham Chaudhuri who completed his term in the same capacity. A statement by the bank disclosed that prior
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun and the his counterpart at the ministry of Budget and Economic Planning, Abubakar Atiku Bagudu Thursday met with a high-level delegation of Canadian investors in Abuja. This is
Ten innovators have emerged after a week-long accelerator programme (physical bootcamp) that culminated in the recently concluded mini demo day, where 25 innovators pitched their solutions before an expert panel of business and technology leaders in the on-going second edition
The Nigeria Sovereign Investment Authority (NSIA) has announced the start-ups to participate in the Accelerator Stage (physical bootcamp) of the NSIA Prize for Innovation (NPI 2.0). The two-part accelerator phase initially had 100 start-ups selected after rigorous evaluation and
RIPLEnergy Company Limited (“RIPLE”) has announce the signing of a Memorandum of Understanding (“MOU”) with GIB EnergyX Slovakia s.r.o. (“GIB”) to co-develop a state-of-the-art Assembly Plant in Nigeria to supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable
The Development Bank of Nigeria (DBN) has partnered with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to launch an innovative MSME Equipment Leasing Initiative that aims to strengthen financing options for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. Held at
The Presidential Fiscal Policy and Tax Reform Committee has proposed a slash in the cost of collection by revenue generating agencies of government to 1 percent. Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr Taiwo Oyedele who
The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank); bringing the total number of participating African countries to 17.
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