Co-organised in collaboration with FCI, the global body for factoring, the conference provided a platform for in-depth discussions and strategic initiatives to promote and enhance factoring within the Southern Africa region In its ongoing commitment to establish factoring as…
ABCON Mulls Harmonized Retail End Forex Market to Tackle Volatility, Boost Regulatory Compliance
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector. ABCON President, Alhaji (Dr.) Aminu…
Forex rate affecting startup’s investment – Digital Investment Expert
Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) says Foreign Exchange (FX) rate is affecting startups’ from getting investment for their business. Alogwu said this in Lagos, during “The Catalyst”, a startup programme,…
18th Islamic Development Bank (IsDB) Global Forum to Explore Innovation, Entrepreneurship, and Leadership in Islamic Finance
This year’s Forum will bring together thought leaders, policymakers, financial experts, and other stakeholders in the Islamic finance industry to deliberate on innovative tools to foster sustainable development The Islamic Development Bank (IsDB) Institute is pleased to announce the…
Afreximbank Supports Rehabilitation of Sporting Facility in Barbados Ahead of the 2024 Cricket World Cup
The facility will go towards renovation and refurbishing works; upgrading of the Garfield Sobers Players’ Pavilion; upgrading A/V and electrical systems as well as procurement of temporary stands African Export-Import Bank announced today that it has extended a USD…
Rand Merchant Bank (RMB) contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa
The fund has announced its first close on 17th of April in which it has successfully raised an equity of ~$100m RMB, one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which…
NCDMB Receives $1m Investment Return from NEDOGAS
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment (ROI) on one of the Board’s strategic investments. The cheque was…
FG Allows Local Refineries Pay Crude Oil in Naira to Ease Pressure on Foreign Exchange
Reprieve has come the way of local refiners as the Federal Government has eventually bowed to pressure as it now complies with the demands of domestic crude oil refiners and other operators in the sector, by allowing them to pay…
Seplat-ExxonMobil Deal: Nigeria Lost $34 Billion in Oil Output Decline
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that Nigeria lost $34 billion in the last two and a half years due to the fall in production from the assets being divested by ExxonMobil to Seplat Energy,…
IWD: Headfort Foundation urges women to speak out against domestic violence, others
As the International community marked the 2024 International Women’s Day (IWD), Headforth Foundation has urged women in the country to speak out against Gender Based Violence (GBV) and to get involved in programmes aimed at social engineering. The foundation made…
