Nigeria Export-Import Bank
Banks implement new CBN guidelines on debt recovery
Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks.
GSI: Banks notify customers of move to seize debtors’ funds
As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.
Coronavirus: Retired Nigerian doctors, nurses volunteer services
Retired Doctors, Nurses and Laboratory Scientists across the country have volunteered their services to the cause of fighting the novel coronavirus (Covid-19) pandemic spreading across States in Nigeria.
Reps member calls for suspension of utility bills
As part of efforts to ameliorate the socio-economic hardship being faced by Nigerians in the fight against the deadly coronavirus, the federal government has been urged to extend her palliative to include suspension of payment of electricity and water bills for the ordinary Nigerians for two months.
President Buhari’s speech on coronavirus pandemic — full text
From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared a world-wide emergency, the Federal Government started planning preventive, containment and curative measures in the event the disease hits Nigeria.
Nigeria loses over N3 trillion in non-oil exports – NEXIM chief
Nigeria has lost about $10 billion (about N3.6 trillion) over the past five decades in non-oil export opportunities, comprising crops such as cocoa, oil palm, cotton and groundnut.
Senator Mamora: Nigeria’s inland waterways underfunded
The Managing Director and Chief Executive Officer of the National Inland Waterways Authority (NIWA), Senator Olorunnimbe Mamora, has said that Nigeria’s inland waterways system is grossly underfunded.
President Buhari asks ministers to submit handover notes
An indication that President Muhammadu Buhari may dissolve the Federal Executive Council (FEC) earlier than the May 29 terminal date of his first term in office emerged yesterday when he asked ministers and agency heads to turn in their handover notes by Wednesday.
Inauguration: President Buhari orders agency heads to prepare handover notes
Ahead of the May 29 inauguration President Muhammadu Buhari’s second term, the Accountant-General of the Federation, Idris Ahmed; the Comptroller-General of the Nigeria Customs Service, Hameed Ali; the Executive Chairman Federal Inland Revenue Service (FIRS), Tunde Fowler, and 11 other heads of agencies under the Ministry of Finance have been ordered to submit their hand over notes on or before April 23.
Okoi Obono-Obla: Oil firms contribute to Nigeria’s economic problems
Some oil companies operating in Nigeria are contributing to the country’s economic adversity, chairman of the Special Presidential Investigation Panel for the Recovery of Public Property, Okoi Obono-Obla, said on Monday.
NEXIM Bank to support agriculture exports with N37 billion
Towards supporting the development of key agricultural products for export, the Nigeria Export-Import Bank (NEXIM) has earmarked the sum of N37 billion for the 36 states of the federation and the Federal Capital Territory (FCT), to diversify their revenue base.
Godwin Emefiele: Why central bank retained monetary policy rates
The Central Bank of Nigeria (CBN) on Monday said its Monetary Policy Committee (MPC) opted to retain monetary policy rates to rein in inflation and stabilise the economy.
Non-oil exports gets N500 billion from central bank
The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are interested in non-oil exports, according to its governor, Mr Godwin Emefiele.
NEXIM Bank board gets new chairman
A former Deputy Governor (Economic Policies) at Central Bank of Nigeria (CBN), Joseph Nnanna, has been named as the Chairman of Board of Nigeria Export Import Bank (NEXIM) by the federal government.
NEXIM offers N500 billion to boost export businesses
The Nigeria Export-Import (NEXIM) Bank has said the federal government has made available N500 billion loanable for businessmen and women who are into production of goods and services for export.
NEXIM restates commitment to revival of Multi-Trex
The Nigeria Export-Import Bank (NEXIM) says it will continue to give necessary support and assistance to the revival of Multi-Trex, a cocoa processing plant in the country.
NEXIM restates commitment to revival of Multi-Trex
The Nigeria Export-Import Bank (NEXIM) says it will continue to give necessary support and assistance to the revival of Multi-Trex, a cocoa processing plant in the country.
Lagos Chamber urges central bank to hasten release of N550 billion export fund
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to hasten the release of the N550 billion Export Stimulation Fund to boost the performance of non-oil export sector.
Central bank revamps N500 billion export stimulation und
In its bid to diversify the country’s economy away from oil, in line with the Federal Government’s economic plan, the Central Bank of Nigeria (CBN) has announced a revamp of the N500 billion Export Stimulation Fund for the promotion of non-oil exports in the country using the Anchor Borrowers’ Programme model.
VAIDS collates tax data of over 5 million individuals, organisations
The data of over five million corporate organisations and individuals in the country have been collected through the Voluntary Assets and Income Declaration Scheme, VAIDS.
NNPC to create one million jobs, establish bio-fuel plant in Ondo
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million litres bio-fuel plant in Okeluse, Ondo State.
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Nigeria threatens to ban flights from UAE, Netherlands
The task force said the Ministry of Aviation and its relevant agencies have been mandated to take the necessary reciprocal measures as may be permissible under the laws and other international obligations expected to be discharged against Emirates airlines operating from the UAE and other airlines from The Netherlands.
Manchester United boss rules out late title push despite derby win
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
NIOB, PSN, 28 others seek more roles for Nigerian professionals
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Jurgen Klopp hopes for respite for struggling Liverpool
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
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Oyo council polls: PDP members accuse governor of imposition
Some members of the Peoples Democratic Party (PDP) in Oyo State have protested the alleged imposition of candidates on them by Governor Seyi Makinde ahead of the local government election in the state.
Supreme court rules on Rivers APC crisis
After 6 years of internal crisis, the Supreme Court has cleared all the hurdles hampering the progress of the All Progressives Congress (APC) in Rivers State.
Indian farmers block highway outside Delhi to mark 100th day of protest
Indian farmers began gathering on Saturday to block a six-lane expressway outside New Delhi to mark the 100th day of protests against deregulation of agriculture markets, to add pressure on Prime Minister Narendra Modi’s government
Brazil football great Pele receives first dose of coronavirus vaccine
Brazil Football great Pele has received the first dose of the COVID-19 vaccine jab on Tuesday. The football legend received the jab in Brazil.
Nigeria today faces an unprecedented threat to its very existence
It is a great honour and privilege for me to welcome you to the 2021 edition of the annual Ọbafẹmi Awolọwọ Lecture Series. Chief Awolọwọ was born 112 years ago today.