Category Archive

Nigeria: NSE CEO Re-elected President of ASEA

The Chief Executive Officer of The Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, OON, has been re-elected President of the African Securities Exchanges Association(ASEA)for another two-year term. This decision was reached at the Association’s 20th Annual General Meeting (AGM)…

BudgIT Examines the Cost of Corruption

Seye Joseph In Nigeria: if it is not any other thing, it must be corruption. A major bane that is crumbling the economic activities of the country, making the corrupt elites acquires illegitimate wealth at the expense of the innocent…

GEEP to empower women financially in Nigeria

N1.6 billion has been set aside by The Federal Government from the Government Enterprise Empowerment Fund (GEEP) to empower women and young girls monthly in eight states across the country. Hajiya Aisha Alhassan, Minister of Women Affairs, disclosed this during…

Buhari may propose N7.3tr estimate for 2017

President Muhammadu Buhari may present a N7.3 trillion 2017 budget proposal to the National Assembly on December 8, it was learnt yesterday. The Federal Executive Council (FEC) approved plans presented by Minister of Budget and Planning Udoma Udo-Udoma on Wednesday.…

UBA, AfDB sign $150m loan agreement

The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in…