July 2019

Development Bank of Nigeria (DBN) on Monday disclosed that it has so far provided credit facilities to the tune of N70 billion to 50,000 Micro Small and Medium Enterprises (MSMEs) in line with its objective of supporting…

The world’s largest atmospheric tower built by Sinopec slowly left a wharf in Ningbo City China. The Maritime Silk Load has been shipped to Nigeria and will be installed at the world’s biggest single-train refining facility –…

Farmcrowdy, Nigeria’s first Digital Agriculture platform and its sister companies, Farmgate Africa and Agricsquare, have announced a unification of all its companies to create a bigger Farmcrowdy brand. The company stated that the move was to avail…

The MD/CEO of Federal Mortgage Bank of Nigeria (FMBN), Arch. Ahmed Dangiwa, has expressed the willingness of the bank to deepen its relationship with Shelter Afrique, as well as other housing-related institutions to improve cost reduction in…

Central Bank of Nigeria (CBN) has awarded a subsidiary of MTN a licence that would allow it to provide financial services. CBN last year announced that it would allow telecom companies to provide banking services that are…

Anambra State government has signed a memorandum of understanding of an investment value worth $1.2 million with Sunny Peace Manufacturing Cosmetics and hair products, Onitsha. Governor Willie Obiano signed on behalf of the state, while the Managing…

In a bid to further drive the cassava value chain to the grassroots, the federal government has concluded plan to establish three modern cassava processing plants in Arochukwu local of Abia state. The plan was initiated by…

Amidst controversy over the benefits of Nigeria’s signing of the African Continental Free Trade Agreement, AfCFTA, the Vice President of Nigeria, Professor Yemi Osinbajo, has said that the new trade environment will boost the country’s export by…

The Maritime Silk Load has been shipped to Nigeria and will be installed at the world’s biggest single-train refining facility – Nigeria’s Dangote Refinery. The Dangote oil Refinery is owned by the Dangote Group and is under…

The Central Bank of Nigeria (CBN) has declared its preparedness to provide loans to investors who are interested in tapping into its milk production initiative. This announcement followed the restriction placed on access to foreign exchange by…