CFG Africa has introduced the GFG AM Naira Fixed Income Fund as a response to the growing need for stable and reliable investment opportunities in the nation’s dynamic economic landscape. The launch event, which took place in Lagos on Wednesday, gathered key stakeholders, investors, and the CFG Africa leadership team. The CFG AM Naira Fixed…
PalmPay, a mobile banking platform, has released its first quarter (Q1) report which indicates that it processes 15 million transactions on a daily basis out of its 35 million registered users. PalmPay made this known during a media roundtable organised to discuss the Q1 report on Wednesday. The report emphasised that the transaction volume underscored…
The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). According to the SEC in a circular, on Wednesday, the exercise was to assess the adoption of advanced technologies among registered CMOs. The notice reads, “The following technology adoption survey is designed by the Commission to assess…
Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, on Wednesday announced that the country was ranked second in economic growth among G20 countries. In the Association of Southeast Asian Nations (ASEAN), the country’s performance is second only to Vietnam, which recorded a jump of 6.93 per cent. Hartarto said Indonesia’s economy expanded by 4.87 per…
Gov Babajide Sanwo-Olu of Lagos State has unveiled the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) to provide access to finance for Small and Medium Scale Enterprises (SMEs) and registered cooperative societies in the state. Sanwo-Olu unveiled the initiative at the Adeyemi Bero Auditorium, Alausa, Ikeja, on Wednesday in partnership with Bank…
Initiative for Leadership Development and Change (ILDC), a Civil Society Organisation (CSO) says the Federal Government ban on foreign goods is a testament of President Bola Tinubu’s commitment to re-engineering Nigeria’s economy. Chief Ugochukwu Nnam, President ILDC said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. The NAN…
The Federal Government says Nigeria has so far lost more than N1.3 billion to outbreak of Tuta absoluta commonly known as the tomato leaf miner or “Tomato Ebola” in three states. Sen. Abubakar Kyari, Minister of Agriculture and Food Security said this at the on-going four-day capacity building workshop for financial institutions on Wednesday in…
The United States and China are set to hold high-level discussions amid escalating trade tensions as the U.S. Treasury Secretary Scott Bessent is scheduled to meet a senior Chinese official. The U.S. Treasury Department on Tuesday said that Bessent would travel to Switzerland on Thursday to meet with the senior Chinese officials. While the department…
The Federal Republic of Nigeria and the Federative Republic of Brazil are to review their existing Bilateral Air Services Agreement (BASA) to allow for immediate commencement of direct flight operations between the two countries. Mr Tunde Moshood, Special Adviser, Media and Communications to the Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this in…
The World Bank has hailed the Jigawa Government for transparency and effective coordination in the implementation of the Agro-Climatic Resilience in Semi-Arid Landscapes (AcReSAL) project. Dr Joy Agene, the AcReSAL Task Team Lead gave the commendation when she led a delegation on a courtesy visit to Gov. Umar Namadi in Dutse. Agene, praised Namadi’s administration…
