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IFC identifies over 100 start-ups that could speed up innovation in Africa

International Finance Corporation, a member of the World Bank Group, in cooperation with Egypt’s Ministry of Investment and International Cooperation have selected more than 100 high-potential start-ups to participate in a new initiative designed to spur innovation and job creation across the African continent.

World Bank pledges support for Nigeria’s economic growth, development

The World Bank says it is willing to provide technical support to Nigeria in critical areas to facilitate the country’s economic growth and development.

World Bank urges states to replicate Edo development blueprint

The World Bank has thrown its weight behind the ongoing developmental drive of the Godwin Obaseki-led administration in Edo State, urging other states in the country to replicate the model.

Nigeria’s economic growth excites World Bank

The World Bank Group is excited with Nigeria’s economic growth and expressed satisfaction with its performance.

World Bank invests $10.7 billion in Nigeria

The bank’s delegation of 10 executive directors which visited the country last week, said it was excited with the economy’s return to growth and pledged more collaboration to accelerate the growth rate.

World Bank encouraged by Nigeria’s growth

The World Bank Group has expressed satisfaction with the performance of the Nigerian economy as it continues on the path to growth.

SEC moves to halt growing de-listing of quoted companies

Uduk, who said that some companies had complained of tax issues, however gave the assurance that the commission would engage the government to address the issue, in addition to expecting the CMC to come up with recommendations on this.

SEC partners IFC, AfDB to boost Sukuk bond investment

The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AFDB) for development of Sukuk bond investment.

World Bank: Nigeria, others need over $9 billion annually for infrastructure

Despite increasingly stronger regional economic growth and investment, Nigeria and other African countries’ investment needs remain formidable, says the World Bank.

IFC commends central bank over banking reforms

The International Finance Corporation, IFC, has commended the Central Bank of Nigeria, CBN, for implementing sustainable banking principles in the country.g

Federal govt to invest in modular refineries

The Federal Government says it will support investment in the construction of modular refineries to ensure the success of the initiative.

Federal govt mobilises central bank, others to finance modular refineries

The federal government on Wednesday said it was talking with potential financiers, including the Central Bank of Nigeria (CBN), International Finance Corporation (IFC) and Nigerian Sovereign Investment Authority (NSIA) to provide contributory finance to investors in modular refineries in the Niger Delta region.

Federal govt to end farmers-herdsmen clashes with agric insurance products

The Federal Government, yesterday, said it was working with a Kenyan firm to develop innovative insurance products for livestock to end the incessant herdsmen and farmers clashes across the country.

ERA urges President Buhari to make water every citizen’s right

Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has written President Muhammadu Buhari on the need to enshrine water as the right of every citizen in the country’s constitution.

Access Bank secures $250m facility to finance MSMEs

Access Bank Plc disclosed at the weekend that it has so far secured at least $250 million from multilateral agencies for financing as low interest funds to the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the Nigerian economy.

Transition from firewood to gas to generate N10 billion revenue by 2019 – NLPGA

Over $10billion will be generated for the economy from the switch of 50 per cent kerosene and firewood users by 2019, according to the Nigerian Liquefied Petroleum Gas Association (NLPGA).

CBN: 20,684 assets valued at N392bn on collateral registry

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has revealed that movable assets valued at N392 billion have been registered on the National Collateral Register (NCR) as at August 24, 2017.

Donald Glover makes history, wins two Emmy Awards for ‘Atlanta’

‘Atlanta’ creator Donald Glover made history at the just concluded 2017 Emmy Awards as the first black man to win best directing in a comedy.

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President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 12th Dec 2018-4

Muhammadu Buhari: National migration policy to be adopted soon

President Muhammadu Buhari has disclosed that a national policy on internal displacement is in the process of adoption, adding that it will help regulate the internal displacement crisis and complement the fight against the Islamist insurgency in the north east.

Kano government proposes N500 million to establish public service institute

The Kano State Government says it will establish a Public Service Institute for the constant training of its workers.
Qatar Airways

Qatar Airways: We were never interested in Nigeria Air

Akbar Al Baker, the chief executive officer of Qatar Airways, says his company was not looking to be a core investor in the national carrier project, Nigeria Air.

Recruitment: Police commission receives 158,773 applications 18 days after

The Police Service Commission (PSC) says it has received 158,773 applications in the ongoing recruitment of 10,000 constables into the Nigeria Police Force.
Ashley Young concedes that Manchester United have been left feeling disappointed and deflated after suffering a 3-1 defeat to arch-rivals Liverpool.

Ashley Young: Manchester United disappointed, deflated after Liverpool loss

Ashley Young concedes that Manchester United have been left feeling disappointed and deflated after suffering a 3-1 defeat to arch-rivals Liverpool.